Convert Papua New Guinean Kina to Angolan Kwanza
Please provide values below to convert Papua New Guinean Kina [PGK] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Angolan Kwanza
1 PGK = 0.00456704631494371 AOA
Example: convert 15 PGK to AOA:
15 PGK = 15 × 0.00456704631494371 AOA = 0.0685056947241556 AOA
Papua New Guinean Kina to Angolan Kwanza Conversion Table
Papua New Guinean Kina | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.