Papua New Guinean Kina united states dollar history for August 2023. The highest quote for this month is 0.2862 (12/08/2023) and the lowest 0.28777 (01/08/2023). The difference between high and low is -0.55.
PGK USD average rate for August 2023 is 0.28394, the change between 01/08/2023 and 31/08/2023 is +3.16 %.
| 01 August 2023 | 1 PGK = 0.2878 USD |
| 04 August 2023 | 1 PGK = 0.2878 USD |
| 05 August 2023 | 1 PGK = 0.2792 USD |
| 07 August 2023 | 1 PGK = 0.2827 USD |
| 08 August 2023 | 1 PGK = 0.2847 USD |
| 10 August 2023 | 1 PGK = 0.2846 USD |
| 12 August 2023 | 1 PGK = 0.2862 USD |
| 14 August 2023 | 1 PGK = 0.2797 USD |
| 15 August 2023 | 1 PGK = 0.2878 USD |
| 17 August 2023 | 1 PGK = 0.2878 USD |
| 21 August 2023 | 1 PGK = 0.2806 USD |
| 28 August 2023 | 1 PGK = 0.2787 USD |
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.
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.