BBD to PGK

BBD - Barbadian Dollar ($)
PGK - Papua New Guinean Kina (K)
1 BBD1 PGK

Currency conversion rates from BBD to PGK

BBDPGK
1 BBD1 PGK
5 BBD5 PGK
10 BBD10 PGK
20 BBD20 PGK
50 BBD50 PGK
100 BBD100 PGK
250 BBD250 PGK
500 BBD500 PGK
1000 BBD1000 PGK
2000 BBD2000 PGK
5000 BBD5000 PGK
10000 BBD10000 PGK
PGKBBD
1 PGK1 BBD
5 PGK5 BBD
10 PGK10 BBD
20 PGK20 BBD
50 PGK50 BBD
100 PGK100 BBD
250 PGK250 BBD
500 PGK500 BBD
1000 PGK1000 BBD
2000 PGK2000 BBD
5000 PGK5000 BBD
10000 PGK10000 BBD

BBD - Barbadian Dollar (BBD)

Barbadian Dollar

The Barbados Dollar (BBD) has been the currency of Barbados since 1935. The symbol used for the dollar is the same as the US Dollar ($). However, BDs$ is used to distinguish the BBD from other dollar currencies. The Barbados Dollar is subdivided into 100 cents.

The Barbados Dollar is the currency in Barbados (BB, BRB). The Barbados Dollar is also known as BDS. The symbol for BBD can be written Bds$. The Barbados Dollar is divided into 100 cents. The exchange rate for the Barbados Dollar was last updated on May 24, 2019 from Yahoo Finance. The BBD conversion factor has 2 significant digits.

Economy

  • The main industries in the economy are tourism and offshore investments.
  • Other income is from sugar and light manufacturing.
  • The Barbados economy is a service-driven economy, as well as an international business center.
  • The average growth rate for the Barbados economy ranges from 3.5% to 5%.
  • No substantial exports come from Barbados and the country relies largely on imports.
  • Barbados focuses on developing the service sector, from financial services to educational and health services.
  • Agriculture is mainly sugar cane farming. The main food crops are corn, sweet potatoes, eddos, yams, and cassava.
  • Construction is a secondary industry and is mainly due to tourism and residential growth.

History

  • Barbados formed part of the British Caribbean territories. The British Pound Sterling was adopted by Barbados in 1848.
  • After the Pound was adopted, the previous silver pieces continued to circulate, especially in the private sector.
  • The first dollar form of banknotes was issued in 1882.
  • In 1949, the British West Indies dollar was introduced, and Barbados was officially tied in with the British Eastern Caribbean islands.
  • In 1965, Barbados replaced the British West Indies Dollar with the Eastern Caribbean Dollar.
  • In 1972, the present Dollar was introduced by the Central Bank of Barbados.
  • Since 1975, the Barbados Dollar has been pegged to the United States Dollar at 2BDs$ = 1 USD.

More information about BBD - Barbadian Dollar (BBD)


PGK - Papua New Guinean Kina (PGK)

Papua New Guinean Kina

The Kina is the official currency of Papua New Guinea. It is divided in a hundred toea. The Kina was issued on 19 April 1975, replacing the Australian Dollar. The term Kina comes from the Tolai area of Kuanua and refers to a precious pearl shell widely used in the area for buying and selling.

The Papua New Guinea Kina is the currency in Papua New Guinea (PG, PNG). The symbol for PGK can be written K. The Papua New Guinea Kina is divided into 100 toeas. The exchange rate for the Papua New Guinea Kina was last updated on May 24, 2019 from Yahoo Finance. The PGK conversion factor has 5 significant digits.

Economy

  • Over 75% of the nation's inhabitants are completely reliant on a subsistence economy.
  • Vast amounts of mineral resources (oil, copper, and gold) can be found in Papua New Guinea, making up nearly 3/4 of exports. Coffee, cocoa, tea, and palm oil are also major exports.
  • Papua New Guinea faces numerous challenges that prevent high economic growth, including its rugged terrain, high infrastucture development costs, law and order issues, and a poor system of land title.
  • Papua New Guinea’s economy is highly dependent imports for manufactured materials.

History

  • In 1975, a 1 Kina coin was introduced - spherical with a hole in the centre. This designation was gotten smaller since 2006 while its larger predecessor was removed from circulation in December, 2008.
  • Large denomination bills were introduced starting in 1977 with the 20 kina note. In 1990, a 50 kina banknote was inroduced, and in 2005 they launched the 100 kina note.
  • In 1980, 50 toea coins were introduced, though they were intended for commemorative means and were not consistent in design.
  • In 2008, a new, bimetallic, 2 kina coin was introduced to replace the two kina note.

More information about PGK - Papua New Guinean Kina (PGK)