Convert 1 Papua New Guinean Kina (PGK) to Euro (EUR)
Exchange rates used for currency conversion updated on April 19th 2024 ( 04/19/2024 )
Below you will find the latest exchange rates for exchanging Papua New Guinean Kina (PGK) to Euro (EUR) , a table containing most common conversions and a chart with the pair's evolution.
The Papua New Guinean Kina (PGK) to Euro (EUR) 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 Euro on 04/19/2024 is 1 PGK = 0.2471 EUR - 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 Euro (EUR)
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
