Convert 1 Papua New Guinean Kina (PGK) to Indian Rupee (INR)
Exchange rates used for currency conversion updated on 21st May 2019 ( 21/05/2019 )
Below you will find the latest exchange rate for exchanging Papua New Guinean Kina (PGK) to Indian Rupee (INR) , a table containing most common conversions and a chart with the pair's evolution.
The Papua New Guinean Kina (PGK) to Indian Rupee (INR) 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 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.
About Indian Rupee (INR)
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.