Convert Papua New Guinean Kina to Swedish Krona
Please provide values below to convert Papua New Guinean Kina [PGK] to Swedish Krona [SEK], or Convert Swedish Krona to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Swedish Krona
1 PGK = 0.43999036073887 SEK
Example: convert 15 PGK to SEK:
15 PGK = 15 × 0.43999036073887 SEK = 6.59985541108305 SEK
Papua New Guinean Kina to Swedish Krona 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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.