Convert Papua New Guinean Kina to São Tomé and Príncipe Dobra
Please provide values below to convert Papua New Guinean Kina [PGK] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to São Tomé And Príncipe Dobra
1 PGK = 0.201088908362184 STN
Example: convert 15 PGK to STN:
15 PGK = 15 × 0.201088908362184 STN = 3.01633362543276 STN
Papua New Guinean Kina to São Tomé And Príncipe Dobra Conversion Table
| Papua New Guinean Kina | São Tomé and Príncipe Dobra |
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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.
São Tomé And Príncipe Dobra
The São Tomé and Príncipe Dobra (STN) is the official currency of São Tomé and Príncipe, used for all monetary transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the São Tomé and Príncipe escudo at par, and has undergone various redenominations and updates since its inception to stabilize the economy and modernize the currency system.
Current Use
Today, the Dobra remains the official currency, with banknotes and coins in circulation, and is used for everyday transactions, though it is subject to inflation and economic fluctuations.