Papua New Guinean Kina to CFA Franc BCEAO | Bank

The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea. Introduced in 1975 to replace the Australian dollar, the Kina is named after a local pearl shell traditionally used as currency in the region. The currency is divided into 100 toea.

The CFA Franc BCEAO (XOF) is the official currency of eight West African countries: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro at a fixed rate.