Convert Papua New Guinean Kina to Nigerian Naira
Please provide values below to convert Papua New Guinean Kina [PGK] to Nigerian Naira [NGN], or Convert Nigerian Naira to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Nigerian Naira
1 PGK = 0.00274344551120926 NGN
Example: convert 15 PGK to NGN:
15 PGK = 15 × 0.00274344551120926 NGN = 0.0411516826681389 NGN
Papua New Guinean Kina to Nigerian Naira Conversion Table
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.