Central African Franc in Papua New Guinean Kina

XAF Central African Franc

Country of application:
Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon

Coin denominations in circulation:
1, 2, 5, 10, 25, 100, 500 francs.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10000 francs.

History reference:
The national official currency of Cameroon is the CFA franc BEAC, the franc of financial cooperation in Central Africa, or the Central African franc (international designation XAF). The Central Afric...an franc is the currency of thirteen African countries in the French franc currency area. The XAF has its origins in Frances African colonial empire. France ruled most of West and Central Africa from the mid-nineteenth century to the mid-twentieth century. In 1910, the French government established the French Equatorial Africa, which was a federation of French colonial possessions in Equatorial Africa, stretching north from the Congo River to the Sahel.

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.