Announcements
Notice of Issuance of Commemorative currencies 2015
Notice of Issuance of Commemorative currencies 2015 Notice of Issuance of Commemorative currencies; K20 Banknote to Commemorate 40th Anniversary of PNG Independence, K10 Banknote and 50t Coin to commemorate XV Pacific Games I, Loi M Bakani, Governor of the Bank of Papua New Guinea, by virtue of the powers conferred by Section 61(1) and (2) of […]
Foreign Exchange Control Directives
FOREIGN EXCHANGE CONTROL DIRECTIVES The following directives are issued by the Bank of Papua New Guinea (BPNG or Central Bank) in line with the Foreign Exchange Control Manual, effective from Thursday, 5th March 2015. 1. Use of Kina denominated (Vostro) Accounts of Foreign Banks Only licensed banks in Papua New Guinea (PNG) are allowed to […]
A World Class National Payments System for PNG
“A WORLD CLASS NATIONAL PAYMENTS SYTEM FOR PAPUA NEW GUINEA” The Bank of Papua New Guinea (BPNG) is pleased to announce the completion of the third phase of Kina Automated Transfer System (KATS), relating to “Direct Credits” which went live on Monday, 9th February 2015. The KATS was introduced by Bank of Papua New Guinea […]
Withdrawal of Paper Banknotes
WITHDRAWAL OF PAPER BANKNOTES The public is hereby advised that all PAPER BANKNOTES (K2.00, K5.00, K10.00, K20.00, K50.00 and K100.00), which have been in circulation previously are been withdrawn by the Bank of Papua New Guinea in accordance with Section 62 of the Central Banking Act of 2000. These PAPER BANKNOTES ceased to be legal […]
Public Notice – Money Schemes
WARNING AGAINST FAST MONEY SCHEMES & SCAMS The Bank of Papua New Guinea (the Bank) continues to warn the public to be cautious and avoid doing business with fast money schemes. The Bank strongly advises the public against putting money in fast money schemes, as they are illegal and fraudulent. People who place their money […]
Kina exchange rate (MIDRATE)
Released:26/04/2024
