Convert Papua New Guinean Kina to Djiboutian Franc
Please provide values below to convert Papua New Guinean Kina [PGK] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Djiboutian Franc
1 PGK = 0.0236291715666691 DJF
Example: convert 15 PGK to DJF:
15 PGK = 15 × 0.0236291715666691 DJF = 0.354437573500037 DJF
Papua New Guinean Kina to Djiboutian Franc 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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.