The Porkulyn stream, the right tributary of the Putylka river, flows through the village, where the Parkulyn waterfall is located . The villagers are Ukrainians who belong to the Hutsul ethnic group.
Since its foundation, the village has been a part of the ancient Rus' state of Kyivan Rus', and later the Galician-Volynian state. In the Middle Ages it was part of the Moldavian principality. Since 1775, it was part of the Austrian monarchy, part of the imperial region of Bukovyna. On November 28, 1918, the village and the entire Bukovyna region were occupied by Romania.
Since 1940, it has been part of the Ukrainian SSR. As early as 1941, the Romanians, as allies of Nazi Germany, resumed their occupation power in the village, but again, only until 1944.
In 1944, the village and the whole of Northern Bukovyna were finally liberated from foreign occupation. Since then, Parkulyna village has belonged to the Putyla district of the Chernivtsi region of Ukraine (until 1991 - the Ukrainian SSR).
Traditional folk crafts: wood carving, embroidery, carpet weaving, Easter egg making, animal husbandry, forestry, cattle breeding, sheep breeding, and various crafts.