Historic Papua New Guinean Kina Kazakhstani tenge

Papua New Guinean Kina kazakhstani tenge history for December 2023. The highest quote for this month is 125.43 (07/12/2023) and the lowest 127.22 (06/12/2023). The difference between high and low is -1.43.

PGK KZT average rate for December 2023 is 125.03, the change between 01/12/2023 and 31/12/2023 is -1.52 %.

01 December 20231 PGK = 123.3 KZT
02 December 20231 PGK = 122.9 KZT
04 December 20231 PGK = 125.5 KZT
05 December 20231 PGK = 126.7 KZT
06 December 20231 PGK = 127.2 KZT
07 December 20231 PGK = 125.4 KZT
08 December 20231 PGK = 126.3 KZT
11 December 20231 PGK = 124.8 KZT
12 December 20231 PGK = 125.6 KZT
13 December 20231 PGK = 122.7 KZT
14 December 20231 PGK = 122.4 KZT
15 December 20231 PGK = 125.7 KZT
18 December 20231 PGK = 124.8 KZT
19 December 20231 PGK = 123.1 KZT
20 December 20231 PGK = 125.9 KZT
21 December 20231 PGK = 125.6 KZT
22 December 20231 PGK = 126.6 KZT
25 December 20231 PGK = 124.7 KZT
26 December 20231 PGK = 124.7 KZT
27 December 20231 PGK = 126.3 KZT
28 December 20231 PGK = 125.4 KZT
29 December 20231 PGK = 125.2 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

08/05/1995: Introduction of Polymer Banknotes

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

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.