REFLECTION: PNG KINA VALUE 49 YEARS ON

PNG kina value against USD from 16th Sept, 1975 to 16th Sept, 2024. This is a time for all to reflect on our monetary value, how far we have come, and how far we still need to go. 

[Source: BPNG Quarterly Economic Bulletin, WB]

▪︎1975: 1.2993 - Sept 16th, 1975

▪︎1976: 1.2620 

▪︎1977: 1.3709 

▪︎1978: 1.5310

▪︎1979: 1.5654

▪︎1980: 1.5990

▪︎1981: 1.5873

▪︎1982: 1.3986

▪︎1983: 1.2130

▪︎1984: 1.2995

▪︎1985: 1.0100

▪︎1986: 1.0480

▪︎1987: 1.1877

▪︎1988: 1.2003

▪︎1989: 1.1995

▪︎1990: 1.0595

▪︎1991: 1.0578

▪︎1992: 1.0265

▪︎1993: 1.0380

▪︎1994: 0.8958

▪︎1995: 0.7576

▪︎1996: 0.7863

▪︎1997: 0.7300

▪︎1998: 0.5660

▪︎1999: 0.4297

▪︎2000: 0.3545

▪︎2001: 0.3366

▪︎2002: 0.2983

▪︎2003: 0.3789

▪︎2004: 0.3100

▪︎2008: 0.3735

▪︎2009: 0.3700

▪︎2010: 0.3786

▪︎2011: 0.4798

▪︎2012: 0.4755

▪︎2013: 0.4130

▪︎2014: 0.3855

▪︎2015: 0.3325

▪︎2016: 0.3150

▪︎2017: 0.3095

▪︎2018: 0.2970

▪︎2019: 0.2935

▪︎2020: 0.2850

▪︎2021: 0.2850

▪︎2022: 0.2840

▪︎2023: 0.2683

▪︎2024: 0.2567 - Sept 16th, 2024

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