Convert Qatari Rial to Papua New Guinean Kina
Please provide values below to convert Qatari Rial [QAR] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Qatari Rial.
How to Convert Qatari Rial to Papua New Guinean Kina
1 QAR = 0.866790493880078 PGK
Example: convert 15 QAR to PGK:
15 QAR = 15 × 0.866790493880078 PGK = 13.0018574082012 PGK
Qatari Rial to Papua New Guinean Kina Conversion Table
| Qatari Rial | Papua New Guinean Kina |
|---|
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.