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Papua New Guinean Kina

Papau New Guinea - Papua New Guinean Kina (PGK)

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Description

The Papua New Guinean kina is the currency of Papua New Guinea. The banknotes are printed on polymer (plastic) material. The Bank of Papua New Guinea is responsible for issuing the Papua New Guinean banknotes. Originally the Australian dollar was the currency used in Papua New Guinea, however it was replaced by the kina in 1975 and is now a free floating currency. The official mission of the Bank of Papua New Guinea is to serve the people of Papua New Guinea by conducting effective monetary policy and maintaining a sound financial system.