Convert Brazilian Real to Papua New Guinean Kina
Please provide values below to convert Brazilian Real [BRL] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Brazilian Real.
How to Convert Brazilian Real to Papua New Guinean Kina
1 BRL = 1.32566557127209 PGK
Example: convert 15 BRL to PGK:
15 BRL = 15 × 1.32566557127209 PGK = 19.8849835690813 PGK
Brazilian Real to Papua New Guinean Kina Conversion Table
| Brazilian Real | Papua New Guinean Kina |
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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.
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.