Convert Papua New Guinean Kina to Jersey Pound
Please provide values below to convert Papua New Guinean Kina [PGK] to Jersey Pound [JEP], or Convert Jersey Pound to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Jersey Pound
1 PGK = 5.67256517627989 JEP
Example: convert 15 PGK to JEP:
15 PGK = 15 × 5.67256517627989 JEP = 85.0884776441983 JEP
Papua New Guinean Kina to Jersey Pound Conversion Table
| Papua New Guinean Kina | Jersey Pound |
|---|
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.
Jersey Pound
The Jersey Pound (JEP) is the official currency of Jersey, a British Crown Dependency, used for everyday transactions and financial purposes within the island.
History/Origin
The Jersey Pound was introduced in 1961, replacing the British Pound Sterling in Jersey, and has since been pegged to the British Pound at par, maintaining its value and stability as a local currency.
Current Use
Today, the Jersey Pound is widely used for all local transactions, with banknotes and coins issued specifically for Jersey, and it is accepted alongside the British Pound Sterling within the island.