Papua New Guinean Kina in New Zealand 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.

NZD New Zealand Dollar

Country of application:
New Zealand, Cook Islands, Niue, Pitcairn Islands, Ross Dependency, Tokelau

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

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

History reference:
New Zealand dollar banknotes are banknotes in circulation in New Zealand, the Cook Islands, Tokelau, Niue and the Pitcairn Islands denominated in New Zealand dollars. Despite its relative proximity t...o Australia and Polynesia, people began to settle in New Zealand only about 700 years ago. In 1642, the first Europeans appeared on the coast of New Zealand - they were Dutch sailors. In 1769, the English captain James Cook mapped almost the entire New Zealand coast. In 1814, the first permanent settlement of Europeans was founded in New Zealand - Christian missionaries from Australia. In 1840, New Zealand became a British Crown Colony. Before the advent of Europeans, the local inhabitants of the Maori people did not have money or commodity-money. Natural exchange prevailed. Together with European sailors, coins appeared in New Zealand - English, Dutch, Spanish. After New Zealand became part of the British colonial empire, the pound sterling zone spread to its territory.