Papua New Guinean Kina in Fijian Dollar

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.

FJD Fijian Dollar

Country of application:
Fiji

Coin denominations in circulation:
5, 10, 20, 50 cents, 1, 2 dollars.

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

History reference:
The Fijian dollar (FJD) is the national currency of the Republic of Fiji, an archipelago state with over 300 islands. FJD was first introduced in 1867, but its latest iteration has been around since ...1969. The modern version of the FJD was introduced in 1969, replacing the Fijian pound at a rate of 2 FJD per Fijian pound. Since then, however, the value of the FJD has been allowed to fluctuate freely in the international currency markets. Between October 2015 and October 2020, the value of FJD against the US dollar remained relatively stable at approximately $0.47 per FJD.