Historic Papua New Guinean Kina Kazakhstani tenge

Papua New Guinean Kina kazakhstani tenge history for January 2024. The highest quote for this month is 124.27 (04/01/2024) and the lowest 125 (02/01/2024). The difference between high and low is -0.59.

PGK KZT average rate for January 2024 is 123.22583, the change between 01/01/2024 and 31/01/2024 is -0.98 %.

01 January 20241 PGK = 122.5 KZT
02 January 20241 PGK = 122.5 KZT
03 January 20241 PGK = 125.6 KZT
04 January 20241 PGK = 126.0 KZT
05 January 20241 PGK = 125.2 KZT
06 January 20241 PGK = 121.4 KZT
08 January 20241 PGK = 123.1 KZT
09 January 20241 PGK = 124.7 KZT
10 January 20241 PGK = 123.5 KZT
11 January 20241 PGK = 121.6 KZT
12 January 20241 PGK = 122.6 KZT
15 January 20241 PGK = 122.6 KZT
16 January 20241 PGK = 122.6 KZT
17 January 20241 PGK = 122.7 KZT
18 January 20241 PGK = 124.4 KZT
19 January 20241 PGK = 123.9 KZT
22 January 20241 PGK = 121.9 KZT
23 January 20241 PGK = 123.0 KZT
24 January 20241 PGK = 122.7 KZT
25 January 20241 PGK = 123.3 KZT
26 January 20241 PGK = 123.8 KZT
29 January 20241 PGK = 120.3 KZT
30 January 20241 PGK = 123.9 KZT
31 January 20241 PGK = 123.7 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.