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Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea > Kina Facility Rates

Kina Facility Rates

The Bank of Papua New Guinea (The Bank) introduced the Kina Facility Rate (KFR) in February 2001, as an official rate to indicate its stance of monetary policy. The KFR is a monthly rate and any changes to it should translate to market interest rates. Changes to the KFR are based on assessment of economic fundamentals in the economy.

The initial KFR was set at 15.50 percent in February 2001, which was based around the 28 days treasury bill weighted average rate.

 

2024 Rate(%) Content
Mar Maintained at 2.00% Press release KFR March 2024
Feb Reduced to 2.00% Press Release for February 2024
Jan Maintained at 2.50% Press Release for January 2024
2023 Rate(%) Content
Dec Maintained at 2.50% Press Release for December 2023
Nov Reduced to 2.50% Press Release for November 2023
Oct Maintained at 3.00% Press Release for October 2023
Sep Reduced to 3.00% Press Release for September 2023
Aug Maintained at 3.50% Press Release for August 2023
Jun Maintained at 3.50% Press Release for June 2023
May Maintained at 3.50% Press Release for May 2023
Apr Maintained at 3.50% Press Release for April 2023
Mar Maintained at 3.50% Press Release for March 2023
Feb Maintained at 3.50% Press Release for February 2023
Jan Increased to 3.50% Press Release for January 2023
2022 Rate(%) Content
Oct Maintained at 3.25% Press Release for October 2022
Sept Maintained at 3.25% Press Release for September 2022
Aug Maintained at 3.25% Press Release for August 2022
July Increased to 3.25% Press Release for July 2022
June Maintained at 3.00% Press Release for June 2022
May Maintained at 3.00% Press Release for May 2022
Apr Maintained at 3.00% Press Release for April 2022 
Mar Maintained at 3.00% Press Release for March 2022 
Feb Maintained at 3.00% Press Release for February 2022 
Jan Maintained at 3.00% Press Release for January 2022 
2021 Rate (%) Content
Dec Maintained at 3.00% Press Release for December 2021 
Nov Maintained at 3.00% Press Release for November 2021 
Oct Maintained at 3.00% Press Release for October 2021 
Sept Maintained at 3.00% Press Release for September 2021 
Aug Maintained at 3.00% Press Release for August 2021 
July Maintained at 3.00 % Press Release for July 2021
June Maintained at 3.00 % Press Release for June 2021
May Maintained at 3.00 % Press Release for May 2021
Apr Maintained at 3.00 % Press Release for April 2021
Mar Maintained at 3.00 % Press Release for March 2021
Feb Maintained at 3.00 % Press Release for February 2021
Jan Maintained at 3.00 % Press Release for January 2021
2020 Rate Rate (%) Content
Dec Maintained at 3.00 % Press Release for December 2020
Nov Maintained at 3.00 % Press Release for November 2020
Oct Maintained at 3.00 % Press Release for October 2020
Sept Maintained at 3.00 % Press Release for September 2020
Aug Maintained at 3.00 % Press Release for August 2020
Jul Maintained at 3.00 % Press Release for July 2020
Jun Maintained at 3.00 % Press Release for June 2020
May Maintained at 3.00% Press Release for May 2020
Apr Reduced at 3.00 % Press Release for April 2020
Mar Maintained at 5.00 % Press Release for March 2020
Feb Maintained at 5.00 % Press Release for February 2020
Jan Maintained at 5.00 % Press Release for January 2020
2019 Rate (%) Content
Dec Reduced to 5.00 % Press Release for December 2019
Nov Maintained at 5.50 % Press Release for November 2019
Oct Maintained at 5.50 % Press Release for October 2019
Sept Maintained at 5.50 % Press Release for September 2019
Aug Reduced to 5.50 % Press Release for August 2019
Jul Reduced to 6.00 % Press Release for July 2019
Jun Maintained at 6.25 % Press Release for June 2019
May Maintained at 6.25 % Press Release for May 2019
Apr Maintained at 6.25 % Press Release for April 2019
Mar Maintained at 6.25 % Press Release for March 2019
Feb Maintained at 6.25 % Press Release for February 2019
Jan Maintained at 6.25 % Press Release for January 2019
2018 Rate(%) Content
Dec Maintained at 6.25 % Press Release for December 2018
Nov Maintained at 6.25 % Press Release for November 2018
Oct Maintained at 6.25 % Press Release for October 2018
Sept Maintained at 6.25 % Press Release for September 2018
Aug Maintained at 6.25 % Press Release for August 2018
Jul Maintained at 6.25 % Press Release for July
Jun Maintained at 6.25 % Press Release for June 2018
May Maintained at 6.25 % Press Release for May 2018
Apr Maintained at 6.25 % Press Release for April 2018
Mar Maintained at 6.25 % Press Release for March 2018
Feb Maintained at 6.25 % Press Release for February 2018
Jan Maintained at 6.25 % Press Release for January 2018
2017 Rate(%) Content
Dec Maintained at 6.25 % Press Release for December 2017
Nov Maintained at 6.25 % Press Release for November 2017
Oct Maintained at 6.25 % Press Release for October 2017
Sept Maintained at 6.25 % Press Release for September 2017
Aug Maintained at 6.25 % Press Release for August 2017
Jul Maintained at 6.25 % Press Release for July 2017
Jun Maintained at 6.25 % Press Release for June 2017
May Maintained at 6.25 % Press Release for May 2017
Apr Maintained at 6.25 % Press Release for April 2017
Mar Maintained at 6.25 % Press Release for March 2017
Feb Maintained at 6.25 % Press Release for February 2017
Jan Maintained at 6.25 % Press Release for January 2017
2016 Rate(%) Content
Dec Maintained at 6.25 % Press Release for December 2016
Nov Maintained at 6.25 % Press Release for November 2016
Oct Maintained at 6.25 % Press Release for October 2016
Sept Maintained at 6.25 % Press Release for September 2016
Aug Maintained at 6.25 % Press Release for August 2016
Jul Maintained at 6.25 % Press Release for July 2016
Jun Maintained at 6.25 % Press Release for June 2016
May Maintained at 6.25 % Press Release for May 2016
Apr Maintained at 6.25 % Press Release for April 2016
Mar Maintained at 6.25 % Press Release for March 2016
Feb Maintained at 6.25 % Press Release for February 2016
Jan Maintained at 6.25 % Press Release for January 2016
2015 Rate(%) Content
Dec Maintained at 6.25 % Press Release for December 2015
Nov Maintained at 6.25 % Press Release for November 2015
Oct Maintained at 6.25 % Press Release for October 2015
Sept Maintained at 6.25 % Press Release for September 2015
Aug Maintained at 6.25 % Press Release for August 2015
Jul Maintained at 6.25 % Press Release for July 2015
Jun Maintained at 6.25 % Press Release for June 2015
May Maintained at 6.25 % Press Release for May 2015
Apr Maintained at 6.25 % Press Release for April 2015
Mar Maintained at 6.25 % Press Release for March 2015
Feb Maintained at 6.25 % Press Release for February 2015
Jan Maintained at 6.25 % Press Release for January 2015
2014 Rate (%) Content
Dec Maintained at 6.25 % Press Release for December 2014
Nov Maintained at 6.25 % Press Release for November 2014
Oct Maintained at 6.25 % Press Release for October 2014
Sept Maintained at 6.25 % Press Release for September 2014
Aug Maintained at 6.25 % Press Release For August 2014
Jul Maintained at 6.25 % Press Release For July 2014
Jun Maintained at 6.25 % Press Release For June 2014
May Maintained at 6.25 % Press Release For May 2014
Apr Maintained at 6.25 % Press Release For April 2014
Mar Maintained at 6.25% Press Release for March 2014
Feb Maintained at 6.25% Press Release for February 2014
Jan Maintained at 6.25% Press Release for January 2014

 

2013 Rate (%)  
Dec Maintained at 6.25% Press Release for Dec 2013
Nov Maintained at 6.25% Press Release for Nov 2013
Oct Maintained at 6.25% Press Release for October 2013
Sept Maintained at 6.25% Press Release for September 2013
Aug Maintained at 6.25% Press Release for August 2013
Jul Maintained at 6.25% Press Release for July 2013
Jun Maintained at 6.25% Press Release for June 2013
May Maintained at 6.25% Press Release for May 2013
Apr Maintained at 6.25% Press Release for April 2013
Mar Reduced to 6.25% Press Release for March 2013
Feb Maintained at 6.75% Press Release for February 2013
Jan Maintained at 6.75% Press Release for January 2013 56.79 Kb
2012 Rate (%)  
Dec Maintained at 6.75% Press Release for December 2012 162.44 Kb
Nov Maintained at 6.75% Press Release for November 2012 52.64 Kb
Oct Maintained at 6.75% Press Release for October 2012 56.39 Kb
Sept Reduced to 6.75% Press Release for September 2012 86.31 Kb
Aug Maintained at 7.75% Press Release for August 2012 53.59 Kb
Jul Maintained at 7.75% Press Release for July 2012 KFR 54.14 Kb
Jun Maintained at 7.75% Press Release for June 2012 KFR 84.04 Kb
May Maintained at 7.75% Press Release for May 2012 KFR 16.57 Kb
Apr Maintained at 7.75% Press Release for April 2012 KFR 53.14 Kb
Mar Maintained at 7.75% Press Release for March 2012 KFR 91.14 Kb
Feb Maintained at 7.75% Press Release for February 2012 KFR 24.66 Kb
Jan Maintained at 7.75% Press Release for January 2012 KFR 55.76 Kb
     
2011 Rate (%)  
Dec Maintained at 7.75% Press Release for December 2011 KFR 55.93 Kb
     
     
Nov Maintained at 7.75% Press Release for November 2011 KFR 87.46 Kb
Oct Maintained at 7.75% Press Release for October 2011 KFR 53.24 Kb
Sept Increased to 7.75% Press Release for September 2011 KFR 32.02 Kb
Aug Maintained at 7.50% Press Release for August 2011 KFR bytes
Jul Increased to 7.50% Press Release for July 2011 KFR 25.48 Kb
Jun Increased to 7.25% Press Release for June 2011 KFR 31.27 Kb
May Maintained at 7.00% Press Release for May 2011 KFR 17.02 Kb
Apr Maintained at 7.00% Press Release for April 2011 KFR 53.56 Kb
Mar Maintained at 7.00% Press Release for March 2011 KFR 53.22 Kb
Feb Maintained at 7.00% Press Release for February 2011 KFR 53.29 Kb
Jan Maintained at 7.00% Press Release for January 2011 KFR 17.06 Kb
2010 Rate (%)  
Dec Maintained at 7.00% Press Release for December 2010 KFR 20.17 Kb
November Maintained at 7.00% Press Release for November 2010 KFR 59.62 Kb
October Maintained at 7.00% Press Release for October 2010 KFR 55.64 Kb
September Maintained at 7.00% Press Release for September 2010 KFR 66.00 Kb
August Maintained at 7.00% Press Release for August 2010 KFR 20.62 Kb
July Maintained at 7.00% Press Release for July 2010 KFR 16.41 Kb
June Maintained at 7.00% Press Release for June 2010 KFR 26.58 Kb
May Maintained at 7.00% Press Release for May 2010 KFR 16.41 Kb
April Maintained at 7.00% Press Release for April 2010 KFR 20.11 Kb
March Mainatined at 7.00% Press Release for March 2010 KFR 51.71 Kb
February Maintained at 7.00% Press Release for February 2010 KFR 20.38 Kb
January Maintained at 7.00% Press Release for January 2010 KFR 16.32 Kb
     
2009 Rate (%)  
December Reduced to 7.00% Press Release for December 2009 KFR 18.67 Kb
November Maintained at 8.00%  
October Mainatined at 8.00% Press Release for October 2009 KFR 15.32 Kb
September Maintained at 8.00% Press Release for September 2009 KFR 18.32 Kb
August Maintained at 8.00% Press Release for August 2009 KFR 11.50 Kb
July Maintained at 8.00% Press Release for July 2009 KFR 14.50 Kb
June Maintained at 8.00% Press Release for June 2009 KFR 14.50 Kb
May Maintained at 8.00% Press Release for May 2009 KFR 11.47 Kb
April Maintained at 8.00% Press Release for April 2009 KFR 202.41 Kb
March Maintained at 8.00% Press Release for March 2009 KFR 11.50 Kb
February Maintained at 8.00% Press Release for February 2009 KFR 11.55 Kb
January Maintained at 8.00%  
     
2008 Rate (%)  
December Increased to 8.00%  
November Maintained at 7.00% Press Release for November 2008 KFR 17.02 Kb
October Maintained at 7.00% Press Release for October 2008 KFR 88.80 Kb
September Increased to 7.00% Press Release for September 2008 KFR 17.62 Kb
August Increased to 6.50% Press Release for August 2008 KFR 22.37 Kb
July Maintained at 6.25% Press Release for July 2008 KFR 20.63 Kb
June Increase to 6.25% Press Release for June 2008 KFR 17.84 Kb
May Maintained at 6%  
April Maintained at 6%  
March Maintained at 6%  
February Maintained at 6%  
January Maintained at 6%  
     
2007 Rate (%)  
December Maintained at 6% Commentary on December 2007 KFR 28.42 Kb
November Maintained at 6%  
October Maintained at 6% Commentary on October 2007 KFR 16.47 Kb
September Maintained at 6%  
August Maintained at 6% Commentary on August 2007 17.11 Kb
July Maintained at 6% Commentary on July 2007 29.83 Kb
June Maintained at 6% Commentary on June 2007 18.58 Kb
May Maintained at 6% Commentary on May 2007 18.65 Kb
April Maintained at 6% Commentary on KFR Rate 10.99 Kb
March Maintained at 6%  
February Maintained at 6%  
January Maintained at 6%  

  Full KFR commentaries for January 2006 – January 2007 30.92 Kb

2006 Rate (%)
December Maintained at 6%
November Maintained at 6%
October

Maintained at 6%
September

Maintained at 6%

August

Maintained at 6%

July

Maintained at 6%

June

Maintained at 6%

May

Maintained at 6%

April

Maintained at 6%
March Maintained at 6%

February

Maintained at 6%
January

Maintained at 6%
2005  
December KFR maintained at 6.00%
November KFR maintained at 6.00%
October KFR maintained at 6.00%
September KFR Reduced to 6.00%
August Maintained at 7.00%
July Maintained at 7.00%
June Maintained at 7.00%
May Maintained at 7.00%
April Maintained at 7.00%
March Maintained at 7.00%
February Maintained at 7.00%
January Maintained at 7.00%

Full KFR Commentaries January – December 2005 42.16 Kb

2004  
December KFR maintained at 6.00%
November KFR maintained at 6.00%
October KFR maintained at 6.00%
September KFR Reduced to 6.00%
August Maintained at 7.00%
July Maintained at 7.00%
June Maintained at 7.00%
May Maintained at 7.00%
April Maintained at 7.00%
March Maintained at 7.00%
February Maintained at 7.00%
January Maintained at 7.00%

Full KFR commentaries for January – December 2004 25.35 Kb

 

Kina exchange rate (MIDRATE)

Last Updated:
Released:19/04/2024

USD 0.2634
AUD 0.4118
EUR 0.2477
GBP 0.2123
JPY 40.67
NZD 0.4482
SGD 0.3591
Read More

Kina Facility Rate:

    • Apr 2024 2.00%
    • Mar 2024 2.00%
    • Feb 2024 2.00%
    • Jan 2024 2.50%
    • Dec 2023 2.50%
    • Nov 2023 2.50%
    • Oct 2023 3.00%
    • Sep 2023 3.00%
    • Aug 2023 3.50%
    • Jul 2023 3.50%
    • Jun 2023 3.50%
    • May 2023 3.50%
    • Apr 2023 3.50%
    • Mar 2023 3.50%
    • Feb 2023 3.50%
    • Jan 2023 3.50%
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