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Papua New Guinean kina: Difference between revisions

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Revision as of 10:58, 1 July 2006

The kina (currency code PGK) is the currency of Papua New Guinea. It is divided in 100 toea. The kina was introduced on 19 April 1975, replacing the Australian dollar at par. The name comes from the kina shell, which was traditionally used as currency in New Guinea.

For earlier currencies used in Papua New Guinea, see New Guinea pound and New Guinea mark.

As of 14 January 2006, one kina was worth 0.45 Australian dollars, 0.34 US dollars, and 0.28 euro.

Coins in circulation

  • 1 toea (Withdrawn)
  • 2 toea (Withdrawn)
  • 5 toea
  • 10 toea
  • 20 toea
  • 50 toea (introduced in 1980)
  • 1 kina (To be reduced in size as of 2006)
File:PNG $20 note, polymer.jpg
20 kina banknote

Banknotes in circulation

  • 2 kina (polymer)
  • 5 kina
  • 10 kina
  • 20 kina (introduced in 1978)
  • 50 kina (introduced in 1989; polymer)
  • 100 kina (2006)