Historic Georgian Lari Papua New Guinean Kina

Georgian Lari papua new guinean kina history for February 2024. The highest quote for this month is 1.4218 (10/02/2024) and the lowest 1.4218 (10/02/2024). The difference between high and low is 0.

GEL PGK average rate for February 2024 is 1.38372, the change between 01/02/2024 and 29/02/2024 is -4.37 %.

01 February 20241 GEL = 1.349 PGK
02 February 20241 GEL = 1.351 PGK
03 February 20241 GEL = 1.407 PGK
05 February 20241 GEL = 1.395 PGK
06 February 20241 GEL = 1.386 PGK
07 February 20241 GEL = 1.358 PGK
08 February 20241 GEL = 1.371 PGK
09 February 20241 GEL = 1.366 PGK
10 February 20241 GEL = 1.422 PGK
12 February 20241 GEL = 1.409 PGK
13 February 20241 GEL = 1.369 PGK
14 February 20241 GEL = 1.418 PGK
15 February 20241 GEL = 1.366 PGK
16 February 20241 GEL = 1.372 PGK
19 February 20241 GEL = 1.418 PGK
20 February 20241 GEL = 1.417 PGK
21 February 20241 GEL = 1.370 PGK
22 February 20241 GEL = 1.367 PGK
23 February 20241 GEL = 1.368 PGK
26 February 20241 GEL = 1.413 PGK
27 February 20241 GEL = 1.366 PGK
28 February 20241 GEL = 1.362 PGK
29 February 20241 GEL = 1.407 PGK

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.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

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.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

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.