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The kina is the official money used in Papua New Guinea, a country in the South Pacific. It matters because it's essential for everyday transactions and economic activity throughout the nation.
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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 pearl shell used widely for trading in both the Coastal and Highlands areas of the country.
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