Convert Papua New Guinean Kina to Manx pound
Please provide values below to convert Papua New Guinean Kina [PGK] to Manx pound [IMP], or Convert Manx pound to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Manx Pound
1 PGK = 5.67256517627989 IMP
Example: convert 15 PGK to IMP:
15 PGK = 15 × 5.67256517627989 IMP = 85.0884776441983 IMP
Papua New Guinean Kina to Manx Pound Conversion Table
Papua New Guinean Kina | Manx pound |
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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.
Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.