Singapore Dollar in Papua New Guinean Kina

SGD Singapore Dollar

Country of application:
Singapore

Coin denominations in circulation:
$ 1, 50, 20, 10, 5 and 1 cent.

Denominations of banknotes in circulation:
10 thousand, 1 thousand, 100, 50, 10, 5, 2 dollars.

History reference:
The Singapore dollar is the national currency of Singapore. Singapore was founded by Sir Stamford Raffles in February 1819. Until June 1823, Singapore was under British colonial rule. During this per...iod, Singapore became an important center of transit trade in Southeast Asia and a major port city. In circulation in Singapore, the first coins appeared in 1824, minted by the Calcutta Mint in India. The coins were made of copper with a face value of 1/3 cent and silver with a face value of 1/30 dollar. Between 1845 and 1939 Singapore used the Straits dollar. After that it was replaced by the Malayan dollar, and from 1953 by the Malaya and British Borneo dollar, which were issued by the Board of Commissioners of the Currency in Malaya and British Borneo.

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.