Convert Papua New Guinean Kina to Nicaraguan Córdoba
Please provide values below to convert Papua New Guinean Kina [PGK] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Nicaraguan Córdoba
1 PGK = 0.114156939287015 NIO
Example: convert 15 PGK to NIO:
15 PGK = 15 × 0.114156939287015 NIO = 1.71235408930523 NIO
Papua New Guinean Kina to Nicaraguan Córdoba Conversion Table
| Papua New Guinean Kina | Nicaraguan Córdoba |
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Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.