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What Does PGK (Papua New Guinea Kina) Mean?

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The Papua New Guinea kina is the official currency of Papua New Guinea. It is divided into 100 toea. The kina was introduced in 1975, replacing the Australian dollar. The name “kina” comes from a local shell used as currency in pre-colonial times. What countries is PayPal not available? PayPal is not available in countries … Read more

Group of Five (G5) Definition.

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The Group of Five (G5) is a group of five nations–France, the United States, the United Kingdom, Germany, Japan–that are seen as the leading economies in the world. The group’s informal status was first recognized in the 1973 Bonn Economic Summit, and its first official meeting was held in 1975. The term “Group of Five … Read more