Historic Moroccan dirham Papua New Guinean Kina

Moroccan dirham papua new guinean kina history for January 2024. The highest quote for this month is 0.38668 (01/01/2024) and the lowest 0.38668 (01/01/2024). The difference between high and low is 0.

MAD PGK average rate for January 2024 is 0.37096, the change between 01/01/2024 and 31/01/2024 is +6.8 %.

01 January 20241 MAD = 0.3867 PGK
02 January 20241 MAD = 0.3867 PGK
03 January 20241 MAD = 0.3633 PGK
04 January 20241 MAD = 0.3633 PGK
05 January 20241 MAD = 0.3646 PGK
06 January 20241 MAD = 0.3747 PGK
08 January 20241 MAD = 0.3800 PGK
09 January 20241 MAD = 0.3643 PGK
10 January 20241 MAD = 0.3796 PGK
11 January 20241 MAD = 0.3734 PGK
12 January 20241 MAD = 0.3684 PGK
15 January 20241 MAD = 0.3797 PGK
16 January 20241 MAD = 0.3799 PGK
17 January 20241 MAD = 0.3791 PGK
18 January 20241 MAD = 0.3627 PGK
19 January 20241 MAD = 0.3627 PGK
22 January 20241 MAD = 0.3806 PGK
23 January 20241 MAD = 0.3638 PGK
24 January 20241 MAD = 0.3610 PGK
25 January 20241 MAD = 0.3620 PGK
26 January 20241 MAD = 0.3609 PGK
29 January 20241 MAD = 0.3859 PGK
30 January 20241 MAD = 0.3597 PGK
31 January 20241 MAD = 0.3604 PGK

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.