Historic Papua New Guinean Kina Bangladeshi Taka

Papua New Guinean Kina bangladeshi taka history for August 2023. The highest quote for this month is 31.305 (12/08/2023) and the lowest 31.082 (12/08/2023). The difference between high and low is 0.71.

PGK BDT average rate for August 2023 is 30.61052, the change between 01/08/2023 and 31/08/2023 is +1.25 %.

01 August 20231 PGK = 30.78 BDT
02 August 20231 PGK = 30.82 BDT
03 August 20231 PGK = 30.28 BDT
04 August 20231 PGK = 30.88 BDT
05 August 20231 PGK = 30.22 BDT
07 August 20231 PGK = 30.15 BDT
08 August 20231 PGK = 30.65 BDT
09 August 20231 PGK = 30.28 BDT
10 August 20231 PGK = 30.68 BDT
11 August 20231 PGK = 30.28 BDT
12 August 20231 PGK = 31.08 BDT
14 August 20231 PGK = 30.27 BDT
15 August 20231 PGK = 31.04 BDT
16 August 20231 PGK = 31.07 BDT
17 August 20231 PGK = 31.03 BDT
18 August 20231 PGK = 31.07 BDT
21 August 20231 PGK = 30.17 BDT
22 August 20231 PGK = 31.00 BDT
23 August 20231 PGK = 31.01 BDT
24 August 20231 PGK = 31.06 BDT
25 August 20231 PGK = 31.01 BDT
28 August 20231 PGK = 30.00 BDT
29 August 20231 PGK = 30.00 BDT
30 August 20231 PGK = 30.05 BDT
31 August 20231 PGK = 30.39 BDT

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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

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.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.