Convert Papua New Guinean Kina to Ethiopian Birr
Please provide values below to convert Papua New Guinean Kina [PGK] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Ethiopian Birr
1 PGK = 0.0307339436112567 ETB
Example: convert 15 PGK to ETB:
15 PGK = 15 × 0.0307339436112567 ETB = 0.46100915416885 ETB
Papua New Guinean Kina to Ethiopian Birr Conversion Table
| Papua New Guinean Kina | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.