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241:
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experiencing double-digit annual rates of inflation, causing its value to drop gradually. The kina fell below the
Australian dollar in 1996. Elevated rates of inflation persisted, and by 2002, the value of the kina fell below A$ 0.50. For most of the time since then, with the exception of between September 2008 and March 2009, the kina traded below A$ 0.50.
72:
703:
A new issue of banknotes has been issued starting with the 50 kina in 1999, then the 100 kina in 2005, 2 and 20 kina in 2007 and the 5 and 10 kina in 2008. This makes all the denominations of the kina issued in polymer. Paper bank notes ceased being accepted by the Bank of PNG from 31 December 2014,
695:
at par, so the colour scheme was the same. They circulated along with the dollar until 1 January 1976 when the dollar ceased to be legal tender. The 20 kina was introduced in 1977, 50 kina in 1988, followed by 100 kina in 2005. All colouration of the individual denominations are the same as current
381:
During its early years, the kina experienced an appreciation relative to the
Australian dollar, reaching a value of approximately A$ 1.30 in 1980. The kina reached a peak relative to the Australian dollar in 1986 (K1 = A$ 1.54). The kina remained stable until 1995, when the country started
424:
on its obverse. In 1980, 50 toea coins were introduced but only issued in commemorative form without a standard design. In 2021, a 50 toea coin was issued for general circulation, utilizing the birdwing butterfly design previously used on the now withdrawn 1 toea coin.
409:. The 1 kina is round and holed in the centre, this denomination was reduced in size starting from 2006, and the larger coin was demonetised from 31 December 2008. 2008 also saw the introduction of a bimetallic 2 kina coin intended to replace the 2 kina note.
901:(2nd version): Darker toned colors used for the full printing of the note except for the watermark area; addition of the registration device on the right side of the note
1489:
313:
2680:
2083:
375:
until 31 December 1975. The two currencies were equal in value (K1 = A$ 1). The next day, the dollar ceased to be legal tender in Papua New Guinea.
416:
of the 1 and 2 toea coins also occurred in 2006 and as from 19 April 2007 are also no longer legal tender. The obverse of a 1 toea coin displays a
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The kina has been a historically stable currency; the economy has never experienced exorbitant rates of monetary inflation.
363:
region, referring to a callable pearl shell used widely for trading in both the
Coastal and Highlands areas of the country.
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Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
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Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
1055:
Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
1034:
Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
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Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
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Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
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and former
Australian decimal currency. Beginning in 1991, Papua New Guinea's banknotes have been produced on
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19:
This article is about the currency of Papua New Guinea. For earlier currencies used in Papua New Guinea, see
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Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
895:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
883:(1st version): Lighter toned colors used for the full printing of the note except for the watermark area
877:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
859:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
841:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
797:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
779:
Bird of Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
761:
Bird of Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
743:
Bird of Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
1583:
2599:
2514:
2461:
2400:
401:
In 1975, coins were introduced for 1, 2, 5, 10 and 20 toea and 1 kina. The 1 and 2 toea were minted in
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2547:
2534:
2519:
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2182:
1905:
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1394:
1344:
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2319:
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2153:
2017:
139:
1398:
700:, although in 2009 the bank issued Kina & Toea Day commemorative notes on paper substrates.
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2133:
1345:"Official exchange rate (LCU per US$ , period average) - Papua New Guinea, Australia | Data"
2037:
1885:
1370:"Historical Exchange Rates | Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
8:
2263:
2138:
1981:
1514:
1369:
47:
Please help update this article to reflect recent events or newly available information.
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2123:
1987:
417:
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101:
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1936:
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1610:
1319:
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20:
2027:
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2022:
2005:
1954:
1900:
1705:
1631:. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications.
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On 19 April 1975, notes were introduced for 2, 5 and 10 kina that replaced the
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2243:
1972:
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1818:
651:
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477:
2061:
2625:
1993:
1966:
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The kina was introduced on 19 April 1975 and circulated along with the
2644:
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2009:
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1570:"Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
1556:"Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
1542:"Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
1211:
542:
498:
402:
356:
1490:"Banknote World - World Currency & Paper Money Collectors"
1473:
1910:
1873:
385:
The average exchange rate of one kina in September 2022 was:
278:
1999:
1891:
650:
608:
564:
520:
476:
71:
954:
Banknotes of the Papua New Guinean kina (Current issue)
919:
Full printing on the note except on the watermark area
865:
Full printing on the note except on the watermark area
847:
Full printing on the note except on the watermark area
2597:
812:
Banknotes of the Papua New Guinean kina (1981 issue)
714:
Banknotes of the Papua New Guinean kina (1975 issue)
1446:
1421:
1399:"Withdrawal of Large Sized K1 Coin from Circulation"
1393:
1528:"Papua New Guinea issues new 2- and 50-kina notes"
2657:
1427:"Notes and coins of Papua New Guinea - Currency"
2091:
2077:
1748:
1602:Krause, Chester L.; Clifford Mishler (1991).
1623:
1472:Linzmayer, Owen (2012). "Papua New Guinea".
785:Whites printing on all corners of the note
2084:
2070:
1755:
1741:
1478:. San Francisco, CA: www.BanknoteNews.com.
767:White printing on all corners of the note
749:White printing on all corners of the note
2681:Currencies of the Commonwealth of Nations
1762:
1471:
803:White corners on all corners of the note
1517:BanknoteNews.com. Retrieved 2008-04-29.
2658:
1609:(18th ed.). Krause Publications.
457:
429:
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1736:
1722:
1702:
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1627:Standard Catalog of World Paper Money
1094:Tanker, airplane, truck, radio tower
1916:United States Minor Outlying Islands
27:
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1103:
239:
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1605:Standard Catalog of World Coins
1584:"Withdrawal of Paper Banknotes"
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2686:Currencies of Papua New Guinea
1897:Federated States of Micronesia
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1362:
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1073:Prime Minister Michael Somare
1:
2696:Currencies introduced in 1975
2666:Currencies with ISO 4217 code
1330:
1665:Papua New Guinea Paper Money
1660:Bank of Papua New Guinea PDF
686:
420:, while a 2 toea coin has a
16:Currency of Papua New Guinea
7:
2691:Economy of Papua New Guinea
1308:Economy of Papua New Guinea
1301:
1088:The Parliament building in
1067:The Parliament building in
1046:The Parliament building in
1025:The Parliament building in
1004:The Parliament building in
983:The Parliament building in
931:The Parliament building in
209:K2, K5, K10, K20, K50, K100
10:
2717:
1594:
1111:Current PGK exchange rates
366:
18:
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2442:
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2100:
1927:
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1110:
1031:Bowl, Ring and Artifacts
953:
811:
713:
453:
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347:. It is divided into 100
306:
296:
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234:
226:
221:
217:5t, 10t, 20t, 50t, K1, K2
213:
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152:
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125:
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100:
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69:
41:This article needs to be
2290:Administrative divisions
1906:Northern Mariana Islands
1448:Bank of Papua New Guinea
1423:Bank of Papua New Guinea
1395:Bank of Papua New Guinea
396:
266:Bank of Papua New Guinea
2018:Pitcairn Islands dollar
335:, the currency symbol:
2676:Circulating currencies
1842:Solomon Islands dollar
1837:Papua New Guinean kina
1710:19 April 1975 –
1656:(Official Bank of PNG)
898:Bowl, ring, artifacts
880:Bowl, ring, artifacts
782:Bowl, ring, artifacts
76:Commemorative K50 Note
65:Papua New Guinean kina
2671:Currencies of Oceania
2577:New Guinea portal
2149:Australian occupation
2144:Bougainville campaign
2134:North Solomon Islands
1624:Pick, Albert (1994).
405:, with the others in
2169:Bougainville history
1719:until 1 January 1976
227:Date of introduction
2159:Japanese occupation
2139:New Guinea campaign
1982:Cook Islands dollar
389:, which means that
92:PGK (numeric:
66:
2701:Currencies of Asia
2411:Telecommunications
2164:Territorial merger
2154:Australian mandate
2124:British New Guinea
2119:Colonial governors
1988:New Zealand dollar
1670:2011-05-14 at the
1374:www.bankpng.gov.pg
1349:data.worldbank.org
704:and are no longer
418:birdwing butterfly
314:The World Factbook
64:
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2347:Political parties
2305:Foreign relations
2272:
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2129:German New Guinea
2059:
2058:
2052:
2014:
1977:
1963:
1959:Wallis and Futuna
1945:
1937:Australian dollar
1920:
1877:
1865:Australian dollar
1832:Indonesian rupiah
1823:
1809:
1799:Australian dollar
1781:Australian dollar
1731:
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1717:Australian dollar
1700:
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1684:Australian dollar
1475:The Banknote Book
1320:New Guinean pound
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693:Australian dollar
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373:Australian dollar
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21:New Guinean pound
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2310:Governor-General
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2093:Papua New Guinea
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2006:Pitcairn Islands
1990:
1969:
1955:French Polynesia
1951:
1939:
1901:Marshall Islands
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1714:Concurrent with:
1712:
1706:Papua New Guinea
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1642:
1629:: General Issues
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1515:Papua New Guinea
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1496:on 25 March 2016
1492:. Archived from
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1325:New Guinean mark
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392:
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359:language of the
355:is derived from
345:Papua New Guinea
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247:Papua New Guinea
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2515:National emblem
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2173:
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2033:Tuvaluan dollar
1923:
1881:Kiribati dollar
1851:
1785:
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1724:
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1672:Wayback Machine
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679:National emblem
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635:National emblem
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593:National emblem
589:
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549:National emblem
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505:National emblem
501:
494:
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390:
387:K1 = US$ 0.2840
386:
369:
331:currency code:
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2352:Prime Minister
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2044:American Samoa
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2028:Tongan paŹ»anga
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2020:
2015:
1985:
1978:
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1946:
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1648:External links
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1452:"50 toea coin"
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1165:Yahoo! Finance
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941:Michael Somare
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916:Boar, conches
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800:Boar, conches
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2244:Mount Wilhelm
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2240:
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2222:
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2219:Deforestation
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2016:
2012:
2011:
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2003:
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1997:
1995:
1989:
1986:
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1973:Easter Island
1968:
1965:
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1950:
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1828:
1827:Fijian dollar
1825:
1821:
1820:
1819:New Caledonia
1814:
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1723:Succeeded by:
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1104:Exchange rate
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734:
730:
727:
724:
721:
718:
717:
712:
709:
707:
701:
699:
694:
677:
674:
670:
665:
660:
655:
653:
652:Copper-nickel
645:
643:
640:
639:
633:
630:Commemorative
628:
623:
618:
613:
611:
610:Copper-nickel
603:
601:
598:
597:
591:
588:
584:
579:
574:
569:
567:
566:Copper-nickel
559:
557:
554:
553:
547:
544:
540:
535:
530:
525:
523:
522:Copper-nickel
515:
513:
510:
509:
503:
500:
496:
491:
486:
481:
479:
478:Copper-nickel
471:
469:
466:
465:
461:
458:
431:Denomination
426:
423:
419:
415:
410:
408:
404:
394:
391:US$ 1 = K3.52
383:
379:
376:
374:
364:
362:
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354:
350:
346:
342:
338:
334:
330:
326:
316:
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308: Source
305:
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299:
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286:
276:
270:
267:
264:
261:
256:
251:
248:
237:
233:
230:19 April 1975
229:
225:
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212:
208:
204:
200:
194:
191:
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177:
174:
170:
166:
151:
148:
144:
141:
140:Denominations
137:
130:
128:
124:
120:
116:
111:
105:
103:
99:
91:
87:
84:
80:
73:
68:
56:
44:
39:
30:
29:
26:
22:
2467:Homelessness
2447:Demographics
2392:
2388:Central bank
2315:Human rights
2214:Conservation
2042:
2004:
1998:
1994:Cook Islands
1992:
1980:
1971:
1967:Chilean peso
1953:
1914:
1904:
1890:
1847:Vanuatu vatu
1836:
1817:
1803:
1725:
1713:
1704:Currency of
1703:
1696:
1692:independence
1689:
1682:
1680:Preceded by:
1625:
1603:
1578:
1564:
1550:
1536:
1522:
1510:
1498:. Retrieved
1494:the original
1484:
1474:
1467:
1455:. Retrieved
1442:
1430:. Retrieved
1417:
1405:. Retrieved
1389:
1377:. Retrieved
1373:
1364:
1352:. Retrieved
1348:
1339:
1313:
1312:
1257:From OANDA:
1090:Port Moresby
1069:Port Moresby
1048:Port Moresby
1027:Port Moresby
1006:Port Moresby
985:Port Moresby
943:(1936ā2021)
933:Port Moresby
706:legal tender
702:
690:
662:27,5 mm
641:
599:
576:28,6 mm
555:
532:23,7 mm
511:
488:19,5 mm
467:
439:Composition
411:
400:
384:
380:
377:
370:
352:
348:
336:
332:
324:
322:
312:
260:Central bank
222:Demographics
50:
42:
25:
2638:Numismatics
2542:(gathering)
2477:LGBT rights
2383:Agriculture
2325:enforcement
2224:Earthquakes
2114:Headhunting
2038:U.S. dollar
2023:Samoan tÄlÄ
1886:U.S. dollar
1607:: 1801ā1991
1500:18 December
1379:17 December
1354:17 December
434:Circulates
407:cupronickel
351:. The name
317:, 2007 est.
197: toea
180: toea
2660:Categories
2553:Visual art
2540:Sing-sing
2525:Literature
2395:(currency)
2342:Parliament
2249:New Guinea
1857:Micronesia
1766:of Oceania
1764:Currencies
1616:0873411501
1407:16 January
1331:References
989:Artifacts
844:Artifacts
746:Artifacts
673:Crocodiles
620:30 mm
615:Heptagonal
414:withdrawal
2530:Melanesia
2472:Languages
2452:Education
2421:Transport
2300:Elections
2259:Volcanoes
2234:Kuk Swamp
2192:Geography
1949:CFP franc
1929:Polynesia
1813:CFP franc
1791:Melanesia
1773:Australia
1085:100 kina
687:Banknotes
587:Cassowary
445:Diameter
339:) is the
298:Inflation
292:Valuation
206:Banknotes
2587:Category
2487:Religion
2337:Monarchy
2332:Military
2278:Politics
2264:Wildlife
1870:Kiribati
1668:Archived
1654:Currency
1314:History:
1302:See also
1064:50 kina
1043:20 kina
1022:10 kina
971:Remarks
928:50 kina
910:20 kina
892:10 kina
874:10 kina
829:Remarks
794:20 kina
776:10 kina
731:Remarks
454:Reverse
451:Obverse
422:lionfish
341:currency
329:ISO 4217
281:.bankpng
253:Issuance
83:ISO 4217
2650:Oceania
2600:Portals
2582:Outline
2497:Culture
2435:Society
2416:Tourism
2371:Economy
2295:Cabinet
2229:Geology
2102:History
2010:Tokelau
1726:Current
1690:Reason:
1595:Sources
1001:5 kina
980:2 kina
968:Reverse
965:Obverse
856:5 kina
838:2 kina
826:Reverse
823:Obverse
758:5 kina
740:2 kina
728:Reverse
725:Obverse
698:polymer
600:50 Toea
556:20 Toea
512:10 Toea
462:Center
367:History
235:User(s)
159:⁄
154:
146:Subunit
134:
102:Subunit
43:updated
2548:Sports
2510:Cinema
2505:Anthem
2462:Health
2401:Mining
2254:Rivers
2204:Border
2048:Hawaii
1942:Tuvalu
1699:at par
1697:Ratio:
1635:
1613:
1457:29 May
1432:29 May
1212:XE.com
667:Milled
642:1 Kina
581:Milled
543:Cuscus
537:Milled
499:Turtle
493:Milled
468:5 Toea
442:Shape
436:since
403:bronze
357:Kuanua
244:
189:Symbol
172:Plural
127:Symbol
118:Plural
2626:Money
2535:Music
2393:Kina
2239:Lakes
1911:Palau
1874:Nauru
1402:(PDF)
1210:From
1163:From
1116:From
1010:Mask
962:Value
959:Image
862:Mask
820:Value
817:Image
764:Mask
722:Value
719:Image
657:Round
625:Plain
571:Round
527:Round
483:Round
459:Ring
448:Edge
397:Coins
361:Tolai
214:Coins
2614:Asia
2520:Flag
2000:Niue
1892:Guam
1633:ISBN
1611:ISBN
1502:2010
1459:2007
1434:2007
1409:2010
1381:2021
1356:2021
647:1975
605:1980
561:1975
517:1975
473:1975
412:The
353:Kina
349:toea
325:Kina
323:The
302:1.8%
283:.gov
184:toea
167:toea
121:kina
113:Unit
107:0.01
89:Code
2320:Law
1294:JPY
1291:EUR
1288:SGD
1285:USD
1282:JPY
1279:HKD
1276:GBP
1273:EUR
1270:CNY
1267:CHF
1264:CAD
1261:AUD
1251:JPY
1248:EUR
1245:SGD
1242:USD
1239:JPY
1236:HKD
1233:GBP
1230:EUR
1227:CNY
1224:CHF
1221:CAD
1218:AUD
1204:JPY
1201:EUR
1198:SGD
1195:USD
1192:JPY
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1183:EUR
1180:CNY
1177:CHF
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1133:CNY
1130:CHF
1127:CAD
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343:of
333:PGK
285:.pg
279:www
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
