Convert Kuwaiti Dinar to Papua New Guinean Kina
Please provide values below to convert Kuwaiti Dinar [KWD] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Papua New Guinean Kina
1 KWD = 0.0727246749535648 PGK
Example: convert 15 KWD to PGK:
15 KWD = 15 × 0.0727246749535648 PGK = 1.09087012430347 PGK
Kuwaiti Dinar to Papua New Guinean Kina Conversion Table
| Kuwaiti Dinar | Papua New Guinean Kina |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.