K comes from the Greek word kilo which means a thousand. The Greeks would likewise show million as M, short for Mega. So if we stay consistent with the Greek abbreviations, then billion would be shown as a letter G (Giga).

K was brought into the Latin alphabet with the name ka /kaː/ to differentiate it from C, named ce (pronounced /keː/) and Q, named qu and pronounced /kuː/. In the earliest Latin inscriptions, the letters C, K and Q were all used to represent the sounds /k/ and /ɡ/ (which were not differentiated in writing).

k, eleventh letter of the alphabet. It corresponds to the Semitic kaph and the Greek kappa (Κ).