Convert Papua New Guinean Kina to South Korean Won
Please provide values below to convert Papua New Guinean Kina [PGK] to South Korean Won [KRW], or Convert South Korean Won to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to South Korean Won
1 PGK = 0.00303738425912532 KRW
Example: convert 15 PGK to KRW:
15 PGK = 15 × 0.00303738425912532 KRW = 0.0455607638868797 KRW
Papua New Guinean Kina to South Korean Won Conversion Table
| Papua New Guinean Kina | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.