South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

Papua New Guinean Kina

Papua New Guinean Kina

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 kina was introduced on 19 April 1975, and circulated along with the Australian dollar until 1 January 1976, when the dollar ceased to be legal tender. The name kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country.

4 South African Rand to Papua New Guinean Kina exchange rates chart

4 ZAR to PGK exchange rates graph
4 ZAR to PGK Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

4 ZAR to PGK exchange rates table

Exchange ZAR to PGK
4 South African Rand = 0.958 Papua New Guinean Kina
8 South African Rand = 1.916 Papua New Guinean Kina
20 South African Rand = 4.789 Papua New Guinean Kina
40 South African Rand = 9.579 Papua New Guinean Kina
Exchange South African Rand to Papua New Guinean Kina
4 South African Rand to Papua New Guinean Kina Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

4 ZAR to PGK exchange rates news

Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive
PNG turns to bond issues and stock exchange
PNG turns to bond issues and stock exchange

Papua New Guinea is looking to the international bond markets to help bridge revenue shortfalls, announcing the launch of its first eurobond in tandem with wider moves to open up the stock exchange to foreign investors.

14 days conditional negative
Sir Julius marks 50 years in politics
Sir Julius marks 50 years in politics

This year’s New Ireland Provincial Day is special as Governor of the Province, Sir Julius Chan, celebrates his 50th anniversary in PNG politics.

27 days conditional positive

4 ZAR to PGK currency converter