Convert Papua New Guinean Kina to Cambodian Riel
Please provide values below to convert Papua New Guinean Kina [PGK] to Cambodian Riel [KHR], or Convert Cambodian Riel to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Cambodian Riel
1 PGK = 0.0010459190961131 KHR
Example: convert 15 PGK to KHR:
15 PGK = 15 × 0.0010459190961131 KHR = 0.0156887864416965 KHR
Papua New Guinean Kina to Cambodian Riel Conversion Table
| Papua New Guinean Kina | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.