Euro to Papua New Guinean Kina | Black Market

The Euro (EUR) is the official currency of the Eurozone, which includes 20 of the 27 European Union (EU) member states. It is one of the world's most widely used and traded currencies, managed by the European Central Bank (ECB) and the Eurosystem. The Euro was introduced in 1999 for electronic transactions and officially replaced national currencies in 2002. It is known for its stability and influence in global financial markets.

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.