Convert 1 Canadian Dollar (CAD) to Papua New Guinean Kina (PGK)
Exchange rates used for currency conversion updated on 27th May 2019 ( 27/05/2019 )
Below you will find the latest exchange rate for exchanging Canadian Dollar (CAD) to Papua New Guinean Kina (PGK) , a table containing most common conversions and a chart with the pair's evolution.
The Canadian Dollar (CAD) to Papua New Guinean Kina (PGK) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.
About Papua New Guinean Kina (PGK)
The official currency in Papua New Guinea is the kina. The kina is subdivided into 100 toea and is issued in denominations of 2, 5, 10, 20 and 50 kina. Currency exchanges are typically done through banks although some hotels are licensed to offer this service as well. When traveling to this country, it is best to check ahead of time to see if a specific hotel offers currency exchange or takes credit cards and traveler’s checks.