Convert Thai Baht to Papua New Guinean Kina
Please provide values below to convert Thai Baht [THB] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Thai Baht.
How to Convert Thai Baht to Papua New Guinean Kina
1 THB = 7.67076248987951 PGK
Example: convert 15 THB to PGK:
15 THB = 15 × 7.67076248987951 PGK = 115.061437348193 PGK
Thai Baht to Papua New Guinean Kina Conversion Table
| Thai Baht | Papua New Guinean Kina |
|---|
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.