Historic South African rand Papua New Guinean Kina

South African rand papua new guinean kina history for January 2024. The highest quote for this month is 0.20283 (01/01/2024) and the lowest 0.20358 (01/01/2024). The difference between high and low is -0.37.

ZAR PGK average rate for January 2024 is 0.1949, the change between 01/01/2024 and 31/01/2024 is +5.61 %.

01 January 20241 ZAR = 0.2034 PGK
02 January 20241 ZAR = 0.2032 PGK
03 January 20241 ZAR = 0.1943 PGK
04 January 20241 ZAR = 0.1931 PGK
05 January 20241 ZAR = 0.1931 PGK
06 January 20241 ZAR = 0.1996 PGK
08 January 20241 ZAR = 0.1956 PGK
09 January 20241 ZAR = 0.1948 PGK
10 January 20241 ZAR = 0.1964 PGK
11 January 20241 ZAR = 0.1993 PGK
12 January 20241 ZAR = 0.1965 PGK
13 January 20241 ZAR = 0.1996 PGK
15 January 20241 ZAR = 0.1966 PGK
16 January 20241 ZAR = 0.1963 PGK
17 January 20241 ZAR = 0.1936 PGK
18 January 20241 ZAR = 0.1899 PGK
19 January 20241 ZAR = 0.1915 PGK
22 January 20241 ZAR = 0.1927 PGK
23 January 20241 ZAR = 0.1884 PGK
24 January 20241 ZAR = 0.1905 PGK
25 January 20241 ZAR = 0.1909 PGK
26 January 20241 ZAR = 0.1908 PGK
29 January 20241 ZAR = 0.1986 PGK
30 January 20241 ZAR = 0.1919 PGK
31 January 20241 ZAR = 0.1920 PGK

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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

08/05/1995: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Papua New Guinea, replacing the traditional paper banknotes and providing increased durability.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
ZAR PGK January 2024
ZAR PGK February 2024
ZAR PGK March 2024
ZAR PGK April 2024
ZAR PGK May 2024
ZAR PGK June 2024
ZAR PGK July 2024
ZAR PGK August 2024
ZAR PGK September 2024
ZAR PGK October 2024
ZAR PGK November 2024
ZAR PGK December 2024
ZAR PGK January 2025