JEP to PGK

JEP - Jersey pound (£)
PGK - Papua New Guinean Kina (K)
1 JEP1 PGK

Currency conversion rates from JEP to PGK

JEPPGK
1 JEP1 PGK
5 JEP5 PGK
10 JEP10 PGK
20 JEP20 PGK
50 JEP50 PGK
100 JEP100 PGK
250 JEP250 PGK
500 JEP500 PGK
1000 JEP1000 PGK
2000 JEP2000 PGK
5000 JEP5000 PGK
10000 JEP10000 PGK
PGKJEP
1 PGK1 JEP
5 PGK5 JEP
10 PGK10 JEP
20 PGK20 JEP
50 PGK50 JEP
100 PGK100 JEP
250 PGK250 JEP
500 PGK500 JEP
1000 PGK1000 JEP
2000 PGK2000 JEP
5000 PGK5000 JEP
10000 PGK10000 JEP

JEP - JEP (£)

JEP

The Jersey Pound is the currency in Channel Islands (Aldernay, Guernsey, Jersey, Sark). The Jersey Pound is divided into 100 pence. The exchange rate for the Jersey Pound was last updated on Today from The International Monetary Fund. The JEP conversion factor has 6 significant digits.

More information about JEP - JEP (£)


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)