The term "Papuan monetary unit" refers to the currency used in Papua New Guinea. In simple terms, it is the money that people in Papua New Guinea use to buy things and pay for services.
When you talk about money in Papua New Guinea, you can use "Papuan monetary unit" to refer to the currency in a more formal way. However, it is more common to simply use the name of the currency itself, which is the "kina."
In more advanced discussions, you might come across terms like "exchange rate," which refers to how much one currency is worth compared to another currency. For example, if you are traveling to Papua New Guinea, you might need to know the exchange rate between your home currency and the Papuan monetary unit (kina).
While "Papuan monetary unit" specifically refers to money in Papua New Guinea, "monetary unit" in general can refer to any country's currency, like the dollar in the United States or the euro in Europe.
There are not many idioms specifically related to "Papuan monetary unit." However, here are a couple of general financial idioms: - "Money talks": This means that money can influence people and decisions. - "Cut corners": This means to save money by doing things in a simpler or cheaper way, which might not be the best or safest option.
In summary, "Papuan monetary unit" is a formal term for the money used in Papua New Guinea. While it is useful to know this term, you will often hear people just say "kina" when discussing currency in that country.