Pound Sterling to Papua New Guinean Kina

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the official currency of Great Britain also used in the British Crown dependencies of Man, Jersey and Guernsey. Also in circulation on the Island of St. Helena, the Island of Ascension, Tristan da Cugna Island, the Falklands and in Gibraltar.

One pound is subdivided into one hundred pence. The abbreviation UKL - United Kingdom Libra is also sometimes used. The name derives from antique silver coins. However, there are other versions of the origin of the concept of "sterling”.

The kina (sign К, code PGK) is the currency of a state in Oceania – Papua New Guinea. The currency is not accepted for payment outside the country. One kina is subdivided into 100 smaller coins called toea.

The currency has become official in 1975. Before that, the country had a foreign currency, which was the Australian dollar. The appearance of the currency was connected to the fact that Papua New Guinea gained independence. At first, the Australian dollar also participated in payment operations, but in 1976, it was completely eliminated.