Papua New Guinean kina
1369805
226168987
2008-07-17T03:33:18Z
Enlil Ninlil
442600
/* Banknotes */
{{Infobox Currency
| image_1 =
| image_title_1 = 20 kina banknote
| image_2 =
| image_title_2 = 50 kina banknote
| iso_code = PGK
| using_countries = {{PNG}}
| inflation_rate = 1.8%
| inflation_source_date = ''[https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook]'', 2007 est.
| subunit_ratio_1 = 1/100
| subunit_name_1 = toea
| symbol = K
| plural = kina
| plural_subunit_1 = toea
| used_coins = 5, 10, 20, 50 toea, 1 kina
| used_banknotes = 2, 5, 10, 20, 50, 100 kina
| issuing_authority = [[Bank of Papua New Guinea]]
| issuing_authority_website = www.bankpng.gov.pg
}}
{{redirect|PGK|the enzyme|Phosphoglycerate kinase}}
The '''kina''' ([[ISO 4217]] code: ''PGK'') is the [[currency]] of [[Papua New Guinea]]. It is divided in 100 ''toea''. The kina was introduced on [[19 April]] [[1975]], replacing the [[Australian dollar]] at par. The name comes from the ''kina shell'', which was traditionally used as currency in the Papuan region of the country.
''For earlier currencies used in Papua New Guinea, see [[New Guinea pound]] and [[New Guinea mark]].''
==Coins==
In 1975, coins were introduced for 1, 2, 5, 10 and 20 toea and 1 kina. The 1 and 2 toea were minted in bronze, with the others in cupro-nickel. The 1 kina is round and holed in the centre, this denomination was reduced in size starting from 2006 along with the withdrawal of the 1 and 2 toea coins and as from the [[19 April]] [[2007]] is no longer legal tender .<ref>{{cite web | author = [[Bank of Papua New Guinea]] | url= http://www.bankpng.gov.pg/index.php?option=com_content&task=blogcategory&id=0&Itemid=113 | title = Notes and coins of Papua New Guinea - Currency | accessdate=2007-05-29}}</ref>.
In 1980, 50 toea coins were introduced but only issued in commemorative form without a standard design.<ref>{{cite web | author = [[Bank of Papua New Guinea]] | url= http://www.bankpng.gov.pg/index.php?option=com_content&task=view&id=64&Itemid=116 | title = 50 toea coin | accessdate=2007-05-29}}</ref>
==Banknotes==
On [[19 April]] [[1975]], notes were introduced for 2, 5 and 10 kina that replaced the [[Australian dollar]] at par, so the colour scheme was the same. They circulated along with the dollar until the [[1 January]] [[1976]] when the dollar ceased to be legal tender. The 20 kina was introduced in 1977, 50 kina in 1990, followed by 100 kina in 2005. All colouration of the individual denominations are the same as current and former Australian decimal currency. Starting from 1991, all the current Papua New Guinean banknotes have been produced in [[polymer]] rather than on paper.
A new issue of banknotes has been issued starting with the 50 kina in 1999 <ref>http://www.banknoteworld.com/banknotes/papua_new_guinea/PapuaNewGuineaPNew-50Kina-(1999)_b.jpg Picture from Ronald Wise 50 kina banknote accessed 2008/04/29 </ref>, then the 100 kina in 2005, 2<ref> http://www.banknotenews.com/files/tag-papua-new-guinea.html New 2 kina accessed 2008/04/29 </ref> and 20 kina in 2007 <ref> http://www.bankpng.gov.pg/index.php?option=com_content&task=view&id=357&Itemid=119 New 20 kina accessed 2008/04/29</ref> and the 5 and 10 kina in 2008 <ref>http://www.bankpng.gov.pg/index.php?option=com_content&task=view&id=365&Itemid=115 New 5 kina accessed 2008/04/29</ref><ref>http://www.bankpng.gov.pg/index.php?option=com_content&task=view&id=366&Itemid=115 New 10 kina accessed 2008/04/29</ref>. This makes all the denominations of the kina issued in polymer.
{{Exchange Rate|PGK|SGD}}
==See also==
* [[Economy of Papua New Guinea]]
==References==
{{Reflist}}
{{refbegin}}
* {{numis cite SCWC | date=1991}}
* {{numis cite SCWPM | date=1994}}
{{refend}}
==External links==
* [http://www.bankpng.gov.pg/index.php?option=com_content&task=blogcategory&id=0&Itemid=113 Explanation of Notes & Coins] (Official Bank of PNG)
{{Standard numismatics external links
| world_coin_gallery_1_url = Papua
| world_coin_gallery_1_name = Papua New Guinea
| banknote_world_1_url = papua_new_guinea
| banknote_world_1_name = Papua New Guinea
| dollarization_1_url = pg
| dollarization_1_name = Papua New Guinea
| gfd_1_url = Papua_New_Guinea
| gfd_1_name = Papua New Guinea
| show_gfd_excel = Y
}}
*[http://www.bankpng.gov.pg/new%20site/K100%20poster.pdf Bank of Papua New Guinea PDF]
*[http://www.numismondo.com/pm/png Papua New Guinea Paper Money]
{{n-start}}
{{n-before|currency=[[Australian dollar]]|reason=independence|ratio=at par}}
{{n-currency|location=[[Papua New Guinea]]|start=[[19 April]] [[1975]]|concurrent=[[Australian dollar]] until [[1 January]] [[1976]]}}
{{n-after}}
{{n-end}}
{{Currencies of Oceania}}
[[Category:Circulating currencies]]
[[Category:Economy of Papua New Guinea]]
[[be:Кіна]]
[[be-x-old:Кіна]]
[[bs:Papua novogvinejska kina]]
[[ca:Kina]]
[[cs:Papujsko-guinejská kina]]
[[de:Kina]]
[[es:Kina (moneda)]]
[[fr:Kina]]
[[ko:파푸아 뉴기니 키나]]
[[bpy:পাপুয়া নিউগিনিয়ান কিনা]]
[[it:Kina papuana]]
[[ka:კინა]]
[[lt:Kina]]
[[hu:Pápua új-guineai kina]]
[[nl:Kina]]
[[ja:キナ (通貨)]]
[[pl:Kina (jednostka monetarna)]]
[[pt:Kina]]
[[ru:Кина]]
[[sr:Папуанска кина]]
[[fi:Kina]]
[[sv:Kina (valuta)]]
[[tg:Кинаи Папуа Гвинеяи Нав]]