Convert Tanzanian Shilling to Papua New Guinean Kina
Please provide values below to convert Tanzanian Shilling [TZS] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Papua New Guinean Kina
1 TZS = 612.02105062628 PGK
Example: convert 15 TZS to PGK:
15 TZS = 15 × 612.02105062628 PGK = 9180.3157593942 PGK
Tanzanian Shilling to Papua New Guinean Kina Conversion Table
| Tanzanian Shilling | Papua New Guinean Kina |
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Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.
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.