The Papuan Monetary Unit or PMU is the official currency of Papua New Guinea, a sovereign state in the southwestern Pacific Ocean. The currency is a crucial aspect of the country's economy as it is used for all transactions within the country. Although there are no official synonyms for PMU, it is often referred to as the Papua New Guinean Kina. The kina is also divided into smaller denominations known as toea. Both the kina and toea are widely used and accepted throughout the country for the purchase of goods and services. Overall, PMU is an important symbol of the economic independence and growth of Papua New Guinea.