Convert Papua New Guinean Kina to Albanian Lek
Please provide values below to convert Papua New Guinean Kina [PGK] to Albanian Lek [ALL], or Convert Albanian Lek to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Albanian Lek
1 PGK = 0.050354751949427 ALL
Example: convert 15 PGK to ALL:
15 PGK = 15 × 0.050354751949427 ALL = 0.755321279241405 ALL
Papua New Guinean Kina to Albanian Lek 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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.