March 2024 Monetary Policy Statement issued by the Board of Bank of Papua New Guinea |Press Release on Alternatives to Private Sector Cheques Given Thumbs Up |Media Release: Response to Letter circulating in Social Media referring alleged AML Offences |Joint Press Communiqué 59th SEACEN Governors’ Conference and the 43rd Meeting of the SEACEN Board of Governors|Monetary Policy Statement September 2023 Issued by the Board of the Bank of Papua New Guinea and delivered to the Minister for Treasury by the Acting Governor, Ms Elizabeth Genia|Public Notice - Customer Complaints Help Desk Core Banking System |Private Sector Cheques to be Discontinued by 31st December 2023 |Acting Governor, Ms Elizabeth Genia, AAICD, releases the March 2023 Monetary Policy Statement.|Ms Elizabeth Genia, Acting Governor of the Bank of Papua New Guinea (Bank of PNG or the Bank), today released the June 2022 Quarterly Economic Bulletin (QEB). |Opening and Operating Foreign Currency Accounts outside of PNG without prior approval of the Bank of Papua New Guinea | List of reporting entities (REs) registered with Financial Analysis and Supervision Unit (FASU)

Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea > FAQs > What is the primary role of the Bank of PNG?

What is the primary role of the Bank of PNG?

The primary role of the Bank of PNG is to issue currency and to act as the banker and financial agent to the Government. It is also in charge of regulating banking and other financial services and manages the gold, foreign exchange and any other international reserves of Papua New Guinea.

Kina exchange rate (MIDRATE)

Last Updated:
Released:17/05/2024

USD 0.2613

AUD 0.3913

EUR 0.2402

GBP 0.2061

JPY 40.31

NZD 0.4271

SGD 0.3512

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Kina Facility Rate:

May 2024 2.50%
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%