Historic Brunei dollar Papua New Guinean Kina

Brunei dollar papua new guinean kina history for August 2023. The highest quote for this month is 2.7139 (01/08/2023) and the lowest 2.7169 (02/08/2023). The difference between high and low is -0.11.

BND PGK average rate for August 2023 is 2.64778, the change between 01/08/2023 and 31/08/2023 is -0.15 %.

01 August 20231 BND = 2.657 PGK
02 August 20231 BND = 2.646 PGK
03 August 20231 BND = 2.708 PGK
04 August 20231 BND = 2.635 PGK
07 August 20231 BND = 2.696 PGK
08 August 20231 BND = 2.664 PGK
09 August 20231 BND = 2.686 PGK
10 August 20231 BND = 2.657 PGK
11 August 20231 BND = 2.692 PGK
12 August 20231 BND = 2.585 PGK
14 August 20231 BND = 2.683 PGK
15 August 20231 BND = 2.609 PGK
16 August 20231 BND = 2.601 PGK
17 August 20231 BND = 2.603 PGK
18 August 20231 BND = 2.599 PGK
21 August 20231 BND = 2.677 PGK
22 August 20231 BND = 2.606 PGK
23 August 20231 BND = 2.604 PGK
24 August 20231 BND = 2.598 PGK
25 August 20231 BND = 2.610 PGK
28 August 20231 BND = 2.691 PGK
29 August 20231 BND = 2.688 PGK
30 August 20231 BND = 2.692 PGK
31 August 20231 BND = 2.661 PGK

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

24/03/2020: COVID-19 Economic Impact

The COVID-19 pandemic had a significant impact on the Papua New Guinean economy and the value of the Kina, leading to economic challenges and policy interventions.

19/11/2018: Launch of New Kina Notes and Coins

The Bank of Papua New Guinea launched a new series of Kina banknotes and coins, featuring enhanced security features and improved design.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

08/05/1995: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Papua New Guinea, replacing the traditional paper banknotes and providing increased durability.

28/07/1989: Kina Floats in Foreign Exchange Market

The Papua New Guinean Kina was allowed to float freely in the foreign exchange market, leading to fluctuations in its value.

03/02/1976: First Kina Banknotes Issued

The Bank of Papua New Guinea issued the first series of Kina banknotes, featuring unique designs and local elements.

19/12/1975: Independence from Australia

Papua New Guinea gained independence, leading to the introduction of the Papua New Guinean Kina as its currency.

19/12/1975: Introduction of the Kina

The Papua New Guinean Kina was officially introduced as the national currency, replacing the Australian Dollar at a rate of 2 Kina to 1 Australian Dollar.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.
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