Papua New Guinean Kina to Ukrainian Hryvnia

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 Ukrainian hryvnia (sign грн, code UAH) serves as the national currency of Ukraine. It is not printed or accepted outside it. Kopiykas are used as change for the Ukrainian hryvnia.

Every UAH has 100 kopiykas. The currency has been in circulation since 1996. Prior to that, there was the karbovantes, and even earlier there was the Soviet ruble. The word “hryvnia” comes for the term “mane”. It defined coins with strings, resembling a bright mane of a golden horse. The word became widespread in old Rus. It was used as a weight measurement.