Currency Information on Papua New Guinea Kina - PGK – Papua New Guinean kina – K
The kina replaced the Australian dollar at par in 1975; one kina is subdivided into 100 toea.
Coins are available in denominations of 5, 10, 20, 50 toea and 1 kina. Banknotes are issued in denominations of 2, 5, 10, 20, 50 and 100 kina.
I run a local delicatessen business in Surrey. Many of my artisan suppliers are based in Italy, Spain and France. We are always making payments to these suppliers and knowing we are getting the best rates is vitally important for us; our margins are tight and any savings are crucial for the success of our business.
Comment written by Artisan supplier based in Italy.
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