Historic Papua New Guinean Kina Aruban florin

Papua New Guinean Kina aruban florin history for August 2023. The highest quote for this month is 0.51585 (18/08/2023) and the lowest 0.51585 (18/08/2023). The difference between high and low is 0.

PGK AWG average rate for August 2023 is 0.50952, the change between 01/08/2023 and 31/08/2023 is +1.92 %.

01 August 20231 PGK = 0.5158 AWG
02 August 20231 PGK = 0.5166 AWG
03 August 20231 PGK = 0.5028 AWG
04 August 20231 PGK = 0.5151 AWG
07 August 20231 PGK = 0.5060 AWG
08 August 20231 PGK = 0.5095 AWG
09 August 20231 PGK = 0.5029 AWG
10 August 20231 PGK = 0.5094 AWG
11 August 20231 PGK = 0.5027 AWG
12 August 20231 PGK = 0.5094 AWG
14 August 20231 PGK = 0.5014 AWG
15 August 20231 PGK = 0.5158 AWG
16 August 20231 PGK = 0.5166 AWG
17 August 20231 PGK = 0.5151 AWG
18 August 20231 PGK = 0.5166 AWG
21 August 20231 PGK = 0.5022 AWG
22 August 20231 PGK = 0.5158 AWG
23 August 20231 PGK = 0.5166 AWG
24 August 20231 PGK = 0.5166 AWG
25 August 20231 PGK = 0.5166 AWG
28 August 20231 PGK = 0.4996 AWG
29 August 20231 PGK = 0.4998 AWG
30 August 20231 PGK = 0.4999 AWG
31 August 20231 PGK = 0.5059 AWG

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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

08/05/1995: Introduction of Polymer Banknotes

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

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

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.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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.