Papua New Guinean Kina samoan tala history for July 2023. The highest quote for this month is 0.77472 (31/07/2023) and the lowest 0.77251 (31/07/2023). The difference between high and low is 0.29.
PGK WST average rate for July 2023 is 0.76414, the change between 01/07/2023 and 31/07/2023 is -1.36 %.
| 05 July 2023 | 1 PGK = 0.7554 WST |
| 25 July 2023 | 1 PGK = 0.7714 WST |
| 31 July 2023 | 1 PGK = 0.7656 WST |
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.
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.