Convert Papua New Guinean Kina to Hong Kong Dollar
Please provide values below to convert Papua New Guinean Kina [PGK] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Hong Kong Dollar
1 PGK = 0.534969043797294 HKD
Example: convert 15 PGK to HKD:
15 PGK = 15 × 0.534969043797294 HKD = 8.02453565695941 HKD
Papua New Guinean Kina to Hong Kong Dollar 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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.