The Kina is the currency of Papua New Guinea. It is divided into 100 toea. The name Kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for.. The official currency in Papua New Guinea is the kina which is abbreviated to the currency code PGK. 1 Kina is divided into 100 toea. The kina was introduced in 1975 and used alongside the Australian dollar until 1976, at which point the AUD ceased to be legal tender in Papua New Guinea.

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The best currency to use in Papua New Guinea is the Kina. It's represented by the international code PGK and the symbol K. As with the Aussie dollar, the Kina is made up of 100 cents (also known as 100 toea) and comprises a mixture of banknotes and coins. Kina banknotes come as K2, K5, K10, K20, and K50. Coins are available in 1t, 2t, 5t, 10t.. Historically, the Papua New Guinean Kina reached an all time high of 3.89 in May of 2024. The USDPGK spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDPGK spot exchange rate is quoted and exchanged in the same day, the USDPGK forward rate is quoted today but for delivery and payment on a.