Convert Papua New Guinean Kina to Argentine Peso
Please provide values below to convert Papua New Guinean Kina [PGK] to Argentine Peso [ARS], or Convert Argentine Peso to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Argentine Peso
1 PGK = 0.00331661625216203 ARS
Example: convert 15 PGK to ARS:
15 PGK = 15 × 0.00331661625216203 ARS = 0.0497492437824305 ARS
Papua New Guinean Kina to Argentine Peso 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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.