India and Papua New Guinea have recently signed a Memorandum of Understanding MoU to share India Sta...........

Current GK ( Banking) International Affairs

India and Papua New Guinea have recently signed a Memorandum of Understanding (MoU) to share India Stack. What is the Currency of Papua New Guinea?

Euro

Dollar

Rand

Kina

छोटे Courses बड़े Results

Master International Affairs

Prepare through Micro-courses

Try Now

Explanation:

The Kina is the official currency of Papua New Guinea. It is divided in a hundred toea. The Kina was issued on 19 April 1975, replacing the Australian Dollar. The term Kina comes from the Tolai area of Kuanua and refers to a precious pearl shell widely used in the area for buying and selling.