Historic Papua New Guinean Kina Brunei dollar

Papua New Guinean Kina brunei dollar history for December 2023. The highest quote for this month is 0.36095 (11/12/2023) and the lowest 0.36598 (06/12/2023). The difference between high and low is -1.39.

PGK BND average rate for December 2023 is 0.35924, the change between 01/12/2023 and 31/12/2023 is -1.21 %.

01 December 20231 PGK = 0.3547 BND
02 December 20231 PGK = 0.3554 BND
04 December 20231 PGK = 0.3595 BND
05 December 20231 PGK = 0.3618 BND
06 December 20231 PGK = 0.3652 BND
07 December 20231 PGK = 0.3608 BND
08 December 20231 PGK = 0.3644 BND
11 December 20231 PGK = 0.3601 BND
12 December 20231 PGK = 0.3633 BND
13 December 20231 PGK = 0.3556 BND
14 December 20231 PGK = 0.3546 BND
15 December 20231 PGK = 0.3617 BND
18 December 20231 PGK = 0.3573 BND
19 December 20231 PGK = 0.3532 BND
20 December 20231 PGK = 0.3624 BND
21 December 20231 PGK = 0.3622 BND
22 December 20231 PGK = 0.3613 BND
25 December 20231 PGK = 0.3556 BND
26 December 20231 PGK = 0.3556 BND
27 December 20231 PGK = 0.3604 BND
28 December 20231 PGK = 0.3594 BND
29 December 20231 PGK = 0.3590 BND

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.