Papua New Guinean kina

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Papua New Guinean kina

Commemorative K50 Note
ISO 4217
Code	PGK (numeric: 598)
Subunit	0.01
Unit
Plural	kina
Symbol	K‎
Denominations
Subunit
1⁄100	toea
Plural
toea	toea
Symbol
toea	t
Banknotes	K2, K5, K10, K20, K50, K100
Coins	5t, 10t, 20t, 50t, K1, K2
Demographics
User(s)	Papua New Guinea
Issuance
Central bank	Bank of Papua New Guinea
Website	www.bankpng.gov.pg
Valuation
Inflation	1.8%
Source	The World Factbook, 2007 est.

The Kina (ISO 4217 currency code: PGK, the currency symbol: K) is the currency of Papua New Guinea. It is divided into 100 toea. The name Kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country.