Convert Papua New Guinean Kina to Indian Rupee
Please provide values below to convert Papua New Guinean Kina [PGK] to Indian Rupee [INR], or Convert Indian Rupee to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Indian Rupee
1 PGK = 0.0486113120794376 INR
Example: convert 15 PGK to INR:
15 PGK = 15 × 0.0486113120794376 INR = 0.729169681191564 INR
Papua New Guinean Kina to Indian Rupee 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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.