Convert Czech Republic Koruna to Papua New Guinean Kina
Please provide values below to convert Czech Republic Koruna [CZK] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Papua New Guinean Kina
1 CZK = 5 PGK
Example: convert 15 CZK to PGK:
15 CZK = 15 × 5 PGK = 75 PGK
Czech Republic Koruna to Papua New Guinean Kina Conversion Table
| Czech Republic Koruna | Papua New Guinean Kina |
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Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.