Kina

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Kina
Country: Papua New GuineaPapua New Guinea Papua New Guinea
Subdivision: 100 toeas
ISO 4217 code : PGK
Abbreviation: K
Exchange rate :
(29 Mar 2020)

1  EUR  = 3.7918 PGK
1 PGK = 0.26373 EUR

1  CHF  = 3.5237 PGK
1 PGK = 0.2838 CHF

The kina is the currency of Papua New Guinea . A kina is divided into 100 toeas (abbreviation:  t ). The name Kina is derived from the Kina mussels , which have always been the traditional currency in the highlands of New Guinea .

Banknotes

Kina banknotes (2, 10, 20) and 1 kina coins

Valid polymer banknotes are available in the values ​​2, 5, 10, 20, 50 and 100 Kina.

Coins

Kina coins (2 and 1 kina) and toea coins (50, 20, 10, 5 t)

Valid coins are available in values ​​of 5, 10, 20 and 50 Toea as well as 1 and 2 Kina.

Shell money

In addition to the official currency, the kina , the shell money fathom is also in use. The unit of the complementary currency is 1  fathom , which consists of a chain of numerous small mussels of the genus Nassariidae , which can be stretched between two outstretched arms. The name fathom is derived from the English word for "thread", which is also a nautical measure of length and corresponds to 1.8288 meters. An English Fathom is roughly equivalent to a German fathoms .

The Tolai Exchange Bank changes the shell money in Kina. The current exchange rate is four kina for one fathom (as of 2002).