Historic Malagasy Ariary Papua New Guinean Kina

Malagasy Ariary papua new guinean kina history for September 2023. The highest quote for this month is 0.000809 (22/09/2023) and the lowest 0.000809 (21/09/2023). The difference between high and low is 0.

MGA PGK average rate for September 2023 is 0.0008, the change between 01/09/2023 and 30/09/2023 is +2.12 %.

01 September 20231 MGA = 0.0008 PGK
04 September 20231 MGA = 0.0008 PGK
05 September 20231 MGA = 0.0008 PGK
06 September 20231 MGA = 0.0008 PGK
07 September 20231 MGA = 0.0008 PGK
08 September 20231 MGA = 0.0008 PGK
11 September 20231 MGA = 0.0008 PGK
12 September 20231 MGA = 0.0008 PGK
13 September 20231 MGA = 0.0008 PGK
14 September 20231 MGA = 0.0008 PGK
15 September 20231 MGA = 0.0008 PGK
18 September 20231 MGA = 0.0008 PGK
19 September 20231 MGA = 0.0008 PGK
20 September 20231 MGA = 0.0008 PGK
21 September 20231 MGA = 0.0008 PGK
22 September 20231 MGA = 0.0008 PGK
25 September 20231 MGA = 0.0008 PGK
26 September 20231 MGA = 0.0008 PGK
27 September 20231 MGA = 0.0008 PGK
28 September 20231 MGA = 0.0008 PGK
29 September 20231 MGA = 0.0008 PGK

01/01/2023: Planned Fourth Redenomination of Ariary

Madagascar announces plans for the fourth redenomination of the Ariary, aiming to simplify the currency system further.

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.

01/01/2017: Third Redenomination of Ariary

The Malagasy Ariary experiences its third redenomination, resulting in the currency being divided by 5, making 1 new Ariary equal to 5 old Ariary.

01/08/2003: Second Redenomination of Ariary

The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.

08/05/1995: Introduction of Polymer Banknotes

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

16/12/1993: First Redenomination of Ariary

The Malagasy Ariary undergoes its first redenomination, replacing the currency at a ratio of 1 new Ariary to 5 old Ariary.

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.

01/01/1983: Introduction of Malagasy Ariary

The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.

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.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.