Papua New Guinean Kina to Kazakhstani Tenge

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.

The Kazakhstani tenge (sign ₸, code KZT) is the main currency of Kazakhstan, issued and used only within this Asian state. Tiyns are used as change for the Kazakhstani tenge. Every KZT has 100 tiyns.

The currency has been issued since 1993. It appeared after the dissolution of the USSR, taking the place of the Soviet ruble. Initially, Kazakhstan did not have its own treasury. Banknotes were printed in Great Britain. German specialists were engaged in minting. Some time later, the country has begun to issue the money on its own.