Convert Papua New Guinean Kina to Bahamian Dollar
Please provide values below to convert Papua New Guinean Kina [PGK] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Bahamian Dollar
1 PGK = 4.1994 BSD
Example: convert 15 PGK to BSD:
15 PGK = 15 × 4.1994 BSD = 62.991 BSD
Papua New Guinean Kina to Bahamian Dollar Conversion Table
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.