Convert Canadian Dollar to Papua New Guinean Kina
Please provide values below to convert Canadian Dollar [CAD] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Canadian Dollar.
How to Convert Canadian Dollar to Papua New Guinean Kina
1 CAD = 0.324451112063628 PGK
Example: convert 15 CAD to PGK:
15 CAD = 15 × 0.324451112063628 PGK = 4.86676668095442 PGK
Canadian Dollar to Papua New Guinean Kina Conversion Table
| Canadian Dollar | Papua New Guinean Kina |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.