Convert Papua New Guinean Kina to Brazilian Real
Please provide values below to convert Papua New Guinean Kina [PGK] to Brazilian Real [BRL], or Convert Brazilian Real to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Brazilian Real
1 PGK = 0.754338063589007 BRL
Example: convert 15 PGK to BRL:
15 PGK = 15 × 0.754338063589007 BRL = 11.3150709538351 BRL
Papua New Guinean Kina to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.