Convert Papua New Guinean Kina to Norwegian Krone
Please provide values below to convert Papua New Guinean Kina [PGK] to Norwegian Krone [NOK], or Convert Norwegian Krone to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Norwegian Krone
1 PGK = 0.415296979766214 NOK
Example: convert 15 PGK to NOK:
15 PGK = 15 × 0.415296979766214 NOK = 6.22945469649321 NOK
Papua New Guinean Kina to Norwegian Krone 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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.