Convert Falkland Islands Pound to Papua New Guinean Kina
Please provide values below to convert Falkland Islands Pound [FKP] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Papua New Guinean Kina
1 FKP = 0.176287088631709 PGK
Example: convert 15 FKP to PGK:
15 FKP = 15 × 0.176287088631709 PGK = 2.64430632947564 PGK
Falkland Islands Pound to Papua New Guinean Kina Conversion Table
| Falkland Islands Pound | Papua New Guinean Kina |
|---|
Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
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.