DEFINITION of 'PGK'

In currencies, this is the abbreviation for the Papua New Guinea Kina.

BREAKING DOWN 'PGK'

The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.

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RELATED FAQS
  1. What is foreign exchange?

    Foreign exchange is the conversion of a country's currency into another. In a free economy, a country's currency is valued ... Read Answer >>
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