Convert Papua New Guinean Kina to Moroccan Dirham
Please provide values below to convert Papua New Guinean Kina [PGK] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Moroccan Dirham
1 PGK = 0.466170087585893 MAD
Example: convert 15 PGK to MAD:
15 PGK = 15 × 0.466170087585893 MAD = 6.99255131378839 MAD
Papua New Guinean Kina to Moroccan Dirham Conversion Table
Papua New Guinean Kina | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.