Historic Papua New Guinean Kina Georgian Lari

Papua New Guinean Kina georgian lari history for January 2024. The highest quote for this month is 0.73216 (02/01/2024) and the lowest 0.74193 (05/01/2024). The difference between high and low is -1.33.

PGK GEL average rate for January 2024 is 0.7305, the change between 01/01/2024 and 31/01/2024 is -2.82 %.

01 January 20241 PGK = 0.7211 GEL
02 January 20241 PGK = 0.7204 GEL
03 January 20241 PGK = 0.7430 GEL
04 January 20241 PGK = 0.7429 GEL
05 January 20241 PGK = 0.7419 GEL
06 January 20241 PGK = 0.7182 GEL
08 January 20241 PGK = 0.7331 GEL
09 January 20241 PGK = 0.7405 GEL
10 January 20241 PGK = 0.7317 GEL
11 January 20241 PGK = 0.7211 GEL
12 January 20241 PGK = 0.7294 GEL
13 January 20241 PGK = 0.7173 GEL
15 January 20241 PGK = 0.7282 GEL
16 January 20241 PGK = 0.7236 GEL
17 January 20241 PGK = 0.7213 GEL
18 January 20241 PGK = 0.7313 GEL
19 January 20241 PGK = 0.7308 GEL
22 January 20241 PGK = 0.7226 GEL
23 January 20241 PGK = 0.7324 GEL
24 January 20241 PGK = 0.7364 GEL
25 January 20241 PGK = 0.7381 GEL
26 January 20241 PGK = 0.7404 GEL
29 January 20241 PGK = 0.7154 GEL
30 January 20241 PGK = 0.7401 GEL
31 January 20241 PGK = 0.7414 GEL

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.