Burmese Kyat in Papua New Guinean Kina

MMK Burmese Kyat

Country of application:
Myanmar

Coin denominations in circulation:
1, 5, 10, 50, 100 Burmese Kyat.

Denominations of banknotes in circulation:
50, 100, 200, 500, 1000, 5000, 10,000 Burmese Kyat.

History reference:
The Myanmar Kyat has been the national currency and money of the Republic of the Union of Myanmar since 1989. Replaced the Burmese rupee. Kyat has been known since the middle of the 19th century as a... Tikal payment system for several countries - Burma, Siam, Laos, Cambodia. Myanmar is located in mainland Southeast Asia. In 1989, the ruling military government changed the countrys name to Myanmar, from Burma. However, the description of the adjective is still Burmese, not Myanmar. The first Burmese money were coins - kyat and pya, issued in the second half of the 19th century. These coins were in circulation until April 1, 1892. A year later, Burma falls under the dependence of British India, and the Indian rupee is introduced into the country, which later becomes the Burmese rupee.

PGK Papua New Guinean Kina

Country of application:
Papua New Guinea

Coin denominations in circulation:
5, 10, 20, 50 toe, 1 kina.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 kina.

History reference:
The kina is the national currency of Papua New Guinea. In 1949, the Australian authorities united the two parts of the country, Australian pounds were introduced in the country, and in 1966, Australi...an dollars. After gaining independence in 1975 in New Guinea, the Australian currency became legal tender and the national currency, the kina, was introduced. The kina came into effect in April 1975 when it replaced the previous currency, the Australian dollar (AUD) as the countrys official currency. 1 kina is made up of 100 subunits called "toes". facilitating local trade.