Convert Hong Kong Dollar to Papua New Guinean Kina
Please provide values below to convert Hong Kong Dollar [HKD] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Papua New Guinean Kina
1 HKD = 1.86926703814831 PGK
Example: convert 15 HKD to PGK:
15 HKD = 15 × 1.86926703814831 PGK = 28.0390055722246 PGK
Hong Kong Dollar to Papua New Guinean Kina Conversion Table
| Hong Kong Dollar | Papua New Guinean Kina |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.