Convert Papua New Guinean Kina to Turkish Lira
Please provide values below to convert Papua New Guinean Kina [PGK] to Turkish Lira [TRY], or Convert Turkish Lira to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Turkish Lira
1 PGK = 0.103840932525896 TRY
Example: convert 15 PGK to TRY:
15 PGK = 15 × 0.103840932525896 TRY = 1.55761398788844 TRY
Papua New Guinean Kina to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.