Papua New Guinean kina

Papua New Guinean kina
Commemorative K50 Note
ISO 4217
CodePGK (numeric: 598)
Subunit0.01
Unit
Pluralkina
SymbolK
Denominations
Subunit
1100toea
Plural
 toeatoea
Symbol
 toeat
BanknotesK2, K5, K10, K20, K50, K100
Coins5t, 10t, 20t, 50t, K1, K2
Demographics
Date of introduction19 April 1975
User(s) Papua New Guinea
Issuance
Central bankBank of Papua New Guinea
 Websitewww.bankpng.gov.pg
Valuation
Inflation1.8%
 SourceThe World Factbook, 2007 est.

The Kina (ISO 4217 currency code: PGK, the currency symbol: K) is the currency of Papua New Guinea. It is divided into 100 toea. The name Kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country.