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{{Infobox Currency |
currency_name = Papua New Guinean kina|
currency_name_in_local = Kina |
image_1 = PNG $20 note, polymer.jpg|
image_title_1 = 20 kina banknote|
image_2 = Fiftykina.jpg|
image_title_2 = 50 kina banknote
iso_code = PGK|
using_countries = [[Papua New Guinea]]|
inflation_rate = 1.7% (2002)|
inflation_source_date = CIA World Fact Book, 2005 est. |
subunit_ratio_1 = 1/100 |
subunit_name_1 = [[toea]] |
symbol = K|
used_coins = 1, 2, 5, 10, 20, 50 toeas and 1 kina|
used_banknotes = 2, 5, 10, 20, 50, 100 kinas|
issuing_authority = [[Bank of Papua New Guinea]] |
issuing_authority_website = www.bankpng.gov.pg/ |
}}
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.
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]].''
''For earlier currencies used in Papua New Guinea, see [[New Guinea pound]] and [[New Guinea mark]].''
[[Image:Fiftykina.jpg|right|thumb|260px|50 kina banknote]]
As of [[14 January]] [[2006]], one kina was worth 0.45 Australian dollars, 0.34 [[United States dollar|US dollar]]s, and 0.28 [[euro]].
As of [[14 January]] [[2006]], one kina was worth 0.45 Australian dollars, 0.34 [[United States dollar|US dollar]]s, and 0.28 [[euro]].


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*50 toea (introduced in [[1980]])
*50 toea (introduced in [[1980]])
*1 kina (To be reduced in size as of 2006)
*1 kina (To be reduced in size as of 2006)

[[Image:PNG $20 note, polymer.jpg|right|thumb|260px|20 kina banknote]]
[[Banknote]]s in circulation
[[Banknote]]s in circulation
*2 kina (polymer)
*2 kina (polymer)

Revision as of 02:22, 10 July 2006

Papua New Guinean kina
Kina
File:PNG $20 note, polymer.jpg File:Fiftykina.jpg
20 kina banknote50 kina banknote iso_code = PGK
Unit
SymbolK
Denominations
Subunit
 1/100toea
Banknotes2, 5, 10, 20, 50, 100 kinas
Coins1, 2, 5, 10, 20, 50 toeas and 1 kina
Demographics
User(s)Papua New Guinea
Issuance
Central bankBank of Papua New Guinea
 Websitewww.bankpng.gov.pg/
Valuation
Inflation1.7% (2002)
 SourceCIA World Fact Book, 2005 est.

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)

Banknotes in circulation

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