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45:
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experiencing double-digit annual rates of inflation, causing its value to drop gradually. The kina fell below the
Australian dollar in 1996. Elevated rates of inflation persisted, and by 2002, the value of the kina fell below A$ 0.50. For most of the time since then, with the exception of between September 2008 and March 2009, the kina traded below A$ 0.50.
714:
A new issue of banknotes has been issued starting with the 50 kina in 1999, then the 100 kina in 2005, 2 and 20 kina in 2007 and the 5 and 10 kina in 2008. This makes all the denominations of the kina issued in polymer. Paper bank notes ceased being accepted by the Bank of PNG from 31 December 2014,
706:
at par, so the colour scheme was the same. They circulated along with the dollar until 1 January 1976 when the dollar ceased to be legal tender. The 20 kina was introduced in 1977, 50 kina in 1988, followed by 100 kina in 2005. All colouration of the individual denominations are the same as current
83:
392:
During its early years, the kina experienced an appreciation relative to the
Australian dollar, reaching a value of approximately A$ 1.30 in 1980. The kina reached a peak relative to the Australian dollar in 1986 (K1 = A$ 1.54). The kina remained stable until 1995, when the country started
435:
on its obverse. In 1980, 50 toea coins were introduced but only issued in commemorative form without a standard design. In 2021, a 50 toea coin was issued for general circulation, utilizing the birdwing butterfly design previously used on the now withdrawn 1 toea coin.
420:. The 1 kina is round and holed in the centre, this denomination was reduced in size starting from 2006, and the larger coin was demonetised from 31 December 2008. 2008 also saw the introduction of a bimetallic 2 kina coin intended to replace the 2 kina note.
2691:
912:(2nd version): Darker toned colors used for the full printing of the note except for the watermark area; addition of the registration device on the right side of the note
2094:
1500:
1765:
2305:
2129:
2357:
2300:
2219:
324:
2467:
2159:
386:
until 31 December 1975. The two currencies were equal in value (K1 = A$ 1). The next day, the dollar ceased to be legal tender in Papua New Guinea.
427:
of the 1 and 2 toea coins also occurred in 2006 and as from 19 April 2007 are also no longer legal tender. The obverse of a 1 toea coin displays a
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1907:
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1504:
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The kina has been a historically stable currency; the economy has never experienced exorbitant rates of monetary inflation.
374:
region, referring to a callable pearl shell used widely for trading in both the
Coastal and Highlands areas of the country.
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Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
1087:
Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
1066:
Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
1045:
Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
1024:
Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
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Printed on polymer and the first two numbers of the serial number give the last two numbers of the year of issue
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and former
Australian decimal currency. Beginning in 1991, Papua New Guinea's banknotes have been produced on
30:
This article is about the currency of Papua New Guinea. For earlier currencies used in Papua New Guinea, see
2330:
2179:
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2028:
150:
2550:
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Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
906:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
894:(1st version): Lighter toned colors used for the full printing of the note except for the watermark area
888:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
870:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
852:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
808:
Bird of
Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
790:
Bird of Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
772:
Bird of Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
754:
Bird of Paradise, spear, carved "hour glass" drum (typical for the Highlands and the yearly Goroka Show)
2563:
2515:
2239:
2154:
2144:
1594:
412:
In 1975, coins were introduced for 1, 2, 5, 10 and 20 toea and 1 kina. The 1 and 2 toea were minted in
2048:
1896:
2274:
2149:
1992:
1355:
2619:
2648:
2134:
1998:
428:
308:
1409:
711:, although in 2009 the bank issued Kina & Toea Day commemorative notes on paper substrates.
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1969:
1947:
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747:
703:
383:
31:
2103:
2016:
1965:
1911:
1716:
1356:"Official exchange rate (LCU per US$ , period average) - Papua New Guinea, Australia | Data"
1335:
355:
257:
1381:"Historical Exchange Rates | Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
2043:
1891:
1682:
137:
1525:
1380:
58:
Please help update this article to reflect recent events or newly available information.
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1815:
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1983:
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2004:
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1642:. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications.
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On 19 April 1975, notes were introduced for 2, 5 and 10 kina that replaced the
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The kina was introduced on 19 April 1975 and circulated along with the
2058:
1952:
1664:
1222:
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509:
413:
367:
82:
1921:
1884:
2010:
1902:
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1581:"Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
1567:"Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
1553:"Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea"
1501:"Banknote World - World Currency & Paper Money Collectors"
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38:
396:
The average exchange rate of one kina in September 2022 was:
289:
661:
619:
575:
531:
487:
965:
Banknotes of the Papua New Guinean kina (Current issue)
930:
Full printing on the note except on the watermark area
876:
Full printing on the note except on the watermark area
858:
Full printing on the note except on the watermark area
2608:
823:
Banknotes of the Papua New Guinean kina (1981 issue)
725:
Banknotes of the Papua New Guinean kina (1975 issue)
1410:"Withdrawal of Large Sized K1 Coin from Circulation"
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111:
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92:
1539:"Papua New Guinea issues new 2- and 50-kina notes"
1438:"Notes and coins of Papua New Guinea - Currency"
2088:
1759:
1613:Krause, Chester L.; Clifford Mishler (1991).
8:
1483:Linzmayer, Owen (2012). "Papua New Guinea".
75:
796:Whites printing on all corners of the note
2450:
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2117:
2095:
2081:
2073:
1766:
1752:
1744:
1489:. San Francisco, CA: www.BanknoteNews.com.
1118:
778:White printing on all corners of the note
760:White printing on all corners of the note
2692:Currencies of the Commonwealth of Nations
814:White corners on all corners of the note
1687:
961:
819:
721:
438:
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1528:BanknoteNews.com. Retrieved 2008-04-29.
1347:
1620:(18th ed.). Krause Publications.
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440:
74:
1733:
1713:
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1638:Standard Catalog of World Paper Money
1105:Tanker, airplane, truck, radio tower
7:
1927:United States Minor Outlying Islands
25:
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2192:
250:
81:
43:
1616:Standard Catalog of World Coins
1595:"Withdrawal of Paper Banknotes"
2697:Currencies of Papua New Guinea
1908:Federated States of Micronesia
1084:Prime Minister Michael Somare
1:
2707:Currencies introduced in 1975
2677:Currencies with ISO 4217 code
1676:Papua New Guinea Paper Money
1671:Bank of Papua New Guinea PDF
431:, while a 2 toea coin has a
27:Currency of Papua New Guinea
2702:Economy of Papua New Guinea
1319:Economy of Papua New Guinea
1099:The Parliament building in
1078:The Parliament building in
1057:The Parliament building in
1036:The Parliament building in
1015:The Parliament building in
994:The Parliament building in
942:The Parliament building in
220:K2, K5, K10, K20, K50, K100
2728:
1122:Current PGK exchange rates
29:
2576:
2453:
2389:
2296:
2210:
2190:
2120:
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1042:Bowl, Ring and Artifacts
964:
822:
724:
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449:
444:
441:
358:. It is divided into 100
228:5t, 10t, 20t, 50t, K1, K2
80:
52:This article needs to be
2301:Administrative divisions
1917:Northern Mariana Islands
1459:Bank of Papua New Guinea
1434:Bank of Papua New Guinea
1406:Bank of Papua New Guinea
277:Bank of Papua New Guinea
2029:Pitcairn Islands dollar
346:, the currency symbol:
2687:Circulating currencies
1853:Solomon Islands dollar
1848:Papua New Guinean kina
1721:19 April 1975 –
1667:(Official Bank of PNG)
909:Bowl, ring, artifacts
891:Bowl, ring, artifacts
793:Bowl, ring, artifacts
87:Commemorative K50 Note
76:Papua New Guinean kina
2682:Currencies of Oceania
2588:New Guinea portal
2160:Australian occupation
2155:Bougainville campaign
2145:North Solomon Islands
1635:Pick, Albert (1994).
416:, with the others in
18:Papua New Guinea Kina
2180:Bougainville history
1730:until 1 January 1976
238:Date of introduction
2170:Japanese occupation
2150:New Guinea campaign
1993:Cook Islands dollar
400:, which means that
103:PGK (numeric:
77:
2712:Currencies of Asia
2422:Telecommunications
2175:Territorial merger
2165:Australian mandate
2135:British New Guinea
2130:Colonial governors
1999:New Zealand dollar
1681:2011-05-14 at the
1385:www.bankpng.gov.pg
1360:data.worldbank.org
715:and are no longer
429:birdwing butterfly
325:The World Factbook
2606:
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2439:
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2358:Political parties
2316:Foreign relations
2283:
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2188:
2187:
2140:German New Guinea
2070:
2069:
2063:
2025:
1988:
1974:
1970:Wallis and Futuna
1956:
1948:Australian dollar
1931:
1888:
1876:Australian dollar
1843:Indonesian rupiah
1834:
1820:
1810:Australian dollar
1792:Australian dollar
1742:
1741:
1731:
1728:Australian dollar
1711:
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1695:Australian dollar
1486:The Banknote Book
1331:New Guinean pound
1310:
1309:
1112:
1111:
960:
959:
818:
817:
704:Australian dollar
695:
694:
384:Australian dollar
332:
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73:
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32:New Guinean pound
16:(Redirected from
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2321:Governor-General
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2220:Cities and towns
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2118:
2104:Papua New Guinea
2097:
2090:
2083:
2074:
2051:
2017:Pitcairn Islands
2001:
1980:
1966:French Polynesia
1962:
1950:
1912:Marshall Islands
1899:
1878:
1826:
1812:
1768:
1761:
1754:
1745:
1725:Concurrent with:
1723:
1717:Papua New Guinea
1706:
1699:
1688:
1653:
1640:: General Issues
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1526:Papua New Guinea
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1512:
1507:on 25 March 2016
1503:. Archived from
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1336:New Guinean mark
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403:
399:
370:language of the
366:is derived from
356:Papua New Guinea
320:
298:
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258:Papua New Guinea
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2526:National emblem
2502:
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2101:
2071:
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2044:Tuvaluan dollar
1934:
1892:Kiribati dollar
1862:
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1683:Wayback Machine
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690:National emblem
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646:National emblem
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604:National emblem
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560:National emblem
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516:National emblem
512:
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401:
398:K1 = US$ 0.2840
397:
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342:currency code:
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2417:Stock exchange
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2055:American Samoa
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2039:Tongan paŹ»anga
2036:
2031:
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1996:
1989:
1975:
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1659:External links
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1463:"50 toea coin"
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1176:Yahoo! Finance
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1129:Google Finance
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952:Michael Somare
949:Prime Minister
946:
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927:Boar, conches
925:
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811:Boar, conches
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64:September 2013
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2468:Ethnic groups
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2255:Mount Wilhelm
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2230:Deforestation
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2018:
2014:
2012:
2008:
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1984:Easter Island
1979:
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1838:Fijian dollar
1836:
1832:
1831:
1830:New Caledonia
1825:
1822:
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723:
720:
718:
712:
710:
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697:
688:
685:
681:
676:
671:
666:
664:
663:Copper-nickel
656:
654:
651:
650:
644:
641:Commemorative
639:
634:
629:
624:
622:
621:Copper-nickel
614:
612:
609:
608:
602:
599:
595:
590:
585:
580:
578:
577:Copper-nickel
570:
568:
565:
564:
558:
555:
551:
546:
541:
536:
534:
533:Copper-nickel
526:
524:
521:
520:
514:
511:
507:
502:
497:
492:
490:
489:Copper-nickel
482:
480:
477:
476:
472:
469:
442:Denomination
437:
434:
430:
426:
421:
419:
415:
407:
405:
402:US$ 1 = K3.52
394:
390:
387:
385:
377:
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369:
365:
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287:
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278:
275:
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244:
241:19 April 1975
240:
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219:
215:
211:
205:
202:
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185:
181:
177:
162:
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155:
152:
151:Denominations
148:
141:
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135:
131:
127:
122:
116:
114:
110:
102:
98:
95:
91:
84:
79:
67:
55:
50:
41:
40:
37:
33:
19:
2478:Homelessness
2458:Demographics
2403:
2399:Central bank
2326:Human rights
2225:Conservation
2053:
2015:
2009:
2005:Cook Islands
2003:
1991:
1982:
1978:Chilean peso
1964:
1925:
1915:
1901:
1858:Vanuatu vatu
1847:
1828:
1814:
1736:
1724:
1715:Currency of
1714:
1707:
1703:independence
1700:
1693:
1691:Preceded by:
1636:
1614:
1589:
1575:
1561:
1547:
1533:
1521:
1509:. Retrieved
1505:the original
1495:
1485:
1478:
1466:. Retrieved
1453:
1441:. Retrieved
1428:
1416:. Retrieved
1400:
1388:. Retrieved
1384:
1375:
1363:. Retrieved
1359:
1350:
1324:
1323:
1268:From OANDA:
1101:Port Moresby
1080:Port Moresby
1059:Port Moresby
1038:Port Moresby
1017:Port Moresby
996:Port Moresby
954:(1936ā2021)
944:Port Moresby
717:legal tender
713:
701:
673:27,5 mm
652:
610:
587:28,6 mm
566:
543:23,7 mm
522:
499:19,5 mm
478:
450:Composition
422:
411:
395:
391:
388:
381:
363:
359:
347:
343:
335:
333:
323:
271:Central bank
233:Demographics
61:
53:
36:
2649:Numismatics
2553:(gathering)
2488:LGBT rights
2394:Agriculture
2336:enforcement
2235:Earthquakes
2125:Headhunting
2049:U.S. dollar
2034:Samoan tÄlÄ
1897:U.S. dollar
1618:: 1801ā1991
1511:18 December
1390:17 December
1365:17 December
445:Circulates
418:cupronickel
362:. The name
328:, 2007 est.
208: toea
191: toea
2671:Categories
2564:Visual art
2551:Sing-sing
2536:Literature
2406:(currency)
2353:Parliament
2260:New Guinea
1868:Micronesia
1777:of Oceania
1775:Currencies
1627:0873411501
1418:16 January
1342:References
1000:Artifacts
855:Artifacts
757:Artifacts
684:Crocodiles
631:30 mm
626:Heptagonal
425:withdrawal
2541:Melanesia
2483:Languages
2463:Education
2432:Transport
2311:Elections
2270:Volcanoes
2245:Kuk Swamp
2203:Geography
1960:CFP franc
1940:Polynesia
1824:CFP franc
1802:Melanesia
1784:Australia
1096:100 kina
698:Banknotes
598:Cassowary
456:Diameter
350:) is the
309:Inflation
303:Valuation
217:Banknotes
2598:Category
2498:Religion
2348:Monarchy
2343:Military
2289:Politics
2275:Wildlife
1881:Kiribati
1679:Archived
1665:Currency
1325:History:
1313:See also
1075:50 kina
1054:20 kina
1033:10 kina
982:Remarks
939:50 kina
921:20 kina
903:10 kina
885:10 kina
840:Remarks
805:20 kina
787:10 kina
742:Remarks
465:Reverse
462:Obverse
433:lionfish
352:currency
340:ISO 4217
292:.bankpng
264:Issuance
94:ISO 4217
2661:Oceania
2611:Portals
2593:Outline
2508:Culture
2446:Society
2427:Tourism
2382:Economy
2306:Cabinet
2240:Geology
2113:History
2021:Tokelau
1737:Current
1701:Reason:
1606:Sources
1012:5 kina
991:2 kina
979:Reverse
976:Obverse
867:5 kina
849:2 kina
837:Reverse
834:Obverse
769:5 kina
751:2 kina
739:Reverse
736:Obverse
709:polymer
611:50 Toea
567:20 Toea
523:10 Toea
473:Center
378:History
246:User(s)
170:⁄
165:
157:Subunit
145:
113:Subunit
54:updated
2559:Sports
2521:Cinema
2516:Anthem
2473:Health
2412:Mining
2265:Rivers
2215:Border
2059:Hawaii
1953:Tuvalu
1710:at par
1708:Ratio:
1646:
1624:
1468:29 May
1443:29 May
1223:XE.com
678:Milled
653:1 Kina
592:Milled
554:Cuscus
548:Milled
510:Turtle
504:Milled
479:5 Toea
453:Shape
447:since
414:bronze
368:Kuanua
255:
200:Symbol
183:Plural
138:Symbol
129:Plural
2637:Money
2546:Music
2404:Kina
2250:Lakes
1922:Palau
1885:Nauru
1413:(PDF)
1221:From
1174:From
1127:From
1021:Mask
973:Value
970:Image
873:Mask
831:Value
828:Image
775:Mask
733:Value
730:Image
668:Round
636:Plain
582:Round
538:Round
494:Round
470:Ring
459:Edge
408:Coins
372:Tolai
225:Coins
2625:Asia
2531:Flag
2011:Niue
1903:Guam
1644:ISBN
1622:ISBN
1513:2010
1470:2007
1445:2007
1420:2010
1392:2021
1367:2021
658:1975
616:1980
572:1975
528:1975
484:1975
423:The
364:Kina
360:toea
336:Kina
334:The
313:1.8%
294:.gov
195:toea
178:toea
132:kina
124:Unit
118:0.01
100:Code
2331:Law
1305:JPY
1302:EUR
1299:SGD
1296:USD
1293:JPY
1290:HKD
1287:GBP
1284:EUR
1281:CNY
1278:CHF
1275:CAD
1272:AUD
1262:JPY
1259:EUR
1256:SGD
1253:USD
1250:JPY
1247:HKD
1244:GBP
1241:EUR
1238:CNY
1235:CHF
1232:CAD
1229:AUD
1215:JPY
1212:EUR
1209:SGD
1206:USD
1203:JPY
1200:HKD
1197:GBP
1194:EUR
1191:CNY
1188:CHF
1185:CAD
1182:AUD
1168:JPY
1165:EUR
1162:SGD
1159:USD
1156:JPY
1153:HKD
1150:GBP
1147:EUR
1144:CNY
1141:CHF
1138:CAD
1135:AUD
354:of
344:PGK
296:.pg
290:www
172:100
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2019:,
1968:,
1924:,
1920:,
1914:,
1910:,
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2013:,
2007:,
2002:(
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1981:(
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348:K
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.