Papua New Guinean kina
Commemorative K50 Note | |
| ISO 4217 | |
|---|---|
| Code | PGK (numeric: 598) |
| Subunit | 0.01 |
| Unit | |
| Plural | kina |
| Symbol | K |
| Denominations | |
| Subunit | |
| 1⁄100 | toea |
| Plural | |
| toea | toea |
| Symbol | |
| toea | t |
| Banknotes | K2, K5, K10, K20, K50, K100 |
| Coins | 5t, 10t, 20t, 50t, K1, K2 |
| Demographics | |
| Date of introduction | 19 April 1975 |
| User(s) | Papua New Guinea |
| Issuance | |
| Central bank | Bank of Papua New Guinea |
| Website | www |
| Valuation | |
| Inflation | 1.8% |
| Source | The World Factbook, 2007 est. |
The Kina (ISO 4217 currency code: PGK, the currency symbol: K) is the currency of Papua New Guinea. It is divided into 100 toea. The name Kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country.