Convert 5 Papua New Guinean Kina (PGK) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Papua New Guinean Kina (PGK) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Papua New Guinean Kina (PGK) to Argentine Peso (ARS) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Papua New Guinean Kina and Argentine Peso on 11/21/2024 is 1 PGK = 248.8796 ARS - AVERAGE intraday quotes were used for this currency conversion.
The official currency in Papua New Guinea is the kina. The kina is subdivided into 100 toea and is issued in denominations of 2, 5, 10, 20 and 50 kina. Currency exchanges are typically done through banks although some hotels are licensed to offer this service as well. When traveling to this country, it is best to check ahead of time to see if a specific hotel offers currency exchange or takes credit cards and traveler’s checks.
About Argentine Peso (ARS)
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.
