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Papua New Guinean kina

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Papua New Guinean kina
File:PNG $20 note, polymer.jpg File:Fiftykina.jpg
20 kina banknote50 kina banknote
ISO 4217
CodePGK (numeric: 598)
Subunit0.01
Unit
Pluralkina
SymbolK
Denominations
Subunit
 1/100toea
Plural
 toeatoea
Banknotes2, 5, 10, 20, 50, 100 kina
Coins
 Freq. used5, 10, 20, 50 toea and 1 kina
 Rarely used1, 2 toea
Demographics
User(s)Papua New Guinea
Issuance
Central bankBank of Papua New Guinea
 Websitewww.bankpng.gov.pg
Valuation
Inflation1.7%
 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.

Coins

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  • 1 toea (Withdrawn)
  • 2 toea (Withdrawn)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

Banknotes in circulation

  • 2 kina (polymer)
  • 5 kina
  • 10 kina
  • 20 kina (introduced in 1978)
  • 50 kina (introduced in 1989; polymer)
  • 100 kina (2006)
Current PGK exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD