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Papua New Guinean Kina (PGK)
The PGK is the official currency of Papua New Guinea, with the symbol K.
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Papua New Guinean Kina to Australian Dollars: Exchange rates today
 PGK |  GBP |
|---|---|
| 1 PGK | 0.16 GBP |
| 10 PGK | 1.67 GBP |
| 20 PGK | 3.34 GBP |
| 50 PGK | 8.37 GBP |
| 100 PGK | 16.74 GBP |
| 250 PGK | 41.85 GBP |
| 300 PGK | 50.22 GBP |
| 500 PGK | 83.71 GBP |
| 1,000 PGK | 167.42 GBP |
| 2,000 PGK | 334.85 GBP |
| 5,000 PGK | 837.97 GBP |
| 10,000 PGK | 1,675.94 GBP |
| GBP | PGK |
|---|---|
| 1 GBP | 5.87 PGK |
| 10 GBP | 58.70 PGK |
| 20 GBP | 117.41 PGK |
| 50 GBP | 293.54 PGK |
| 100 GBP | 587.08 PGK |
| 250 GBP | 1,467.70 PGK |
| 300 GBP | 1,761.24 PGK |
| 500 GBP | 2,935.40 PGK |
| 1,000 GBP | 5,876.69 PGK |
| 2,000 GBP | 11,753.39 PGK |
| 5,000 GBP | 29,383.49 PGK |
| 10,000 GBP | 58,774.84 PGK |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Papua New Guinean Kina
History
The Papua New Guinean Kina was established as the official currency of Papua New Guinea in 1975. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Papua New Guinea and Oceania. Check our guide about the evolution of PGK to GBP to learn more about their exchange rate history.Characteristics
The Papua New Guinean Kina is divided into Toea. You'll find Papua New Guinean Kina banknotes in 2, 5, 10, 20, 50, 100 kina and coins in 5, 10, 20, 50 toea; 1 kina.Monetary policy
The Papua New Guinean Kina is managed by the Bank of Papua New Guinea, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Papua New Guinea.Currency exchange
The value of the Papua New Guinean Kina is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Papua New Guinean Kina (PGK)
| Currency name | Papua New Guinean Kina | |
| Currency code | PGK | |
| Currency symbol | K | |
| Minor unit | Toea | |
| Minor unit symbol | t | |
| Notes frequently used | 2, 5, 10, 20, 50, 100 kina | |
| Coins frequently used | 5, 10, 20, 50 toea; 1 kina | |
| Central bank | Bank of Papua New Guinea | |
| Users | Papua New Guinea |
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