Kina Facility Rates

The Bank of Papua New Guinea 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.

2018 Rate(%)
June Maintained at 6.25 % Press Release for June 2018
May Maintained at 6.25 % Press Release for May 2018
April Maintained at 6.25 % Press Release for April 2018
March Maintained at 6.25 % Press Release for March 2018
February Maintained at 6.25 % Press Release for February 2018
January Maintained at 6.25 % Press Release for January 2018
2017 Rate(%)
December Maintained at 6.25 % Press Release for December 2017
November Maintained at 6.25 % Press Release for November 2017
October Maintained at 6.25 % Press Release for October 2017
September Maintained at 6.25 % Press Release for September 2017
August Maintained at 6.25 % Press Release for August 2017
July Maintained at 6.25 % Press Release for July 2017
June Maintained at 6.25 % Press Release for June 2017
May Maintained at 6.25 % Press Release for May 2017
April Maintained at 6.25 % Press Release for April 2017
March Maintained at 6.25 % Press Release for March 2017
February Maintained at 6.25 % Press Release for February 2017
January Maintained at 6.25 % Press Release for January 2017
2016 Rate(%)
December Maintained at 6.25 % Press Release for December 2016
November Maintained at 6.25 % Press Release for November 2016
October Maintained at 6.25 % Press Release for October 2016
September Maintained at 6.25 % Press Release for September 2016
August Maintained at 6.25 % Press Release for August 2016
July Maintained at 6.25 % Press Release for July 2016
June Maintained at 6.25 % Press Release for June 2016
May Maintained at 6.25 % Press Release for May 2016
April Maintained at 6.25 % Press Release for April 2016
March Maintained at 6.25 % Press Release for March 2016
February Maintained at 6.25 % Press Release for February 2016
January Maintained at 6.25 % Press Release for January 2016
2015 Rate(%)
December Maintained at 6.25 % Press Release for December 2015
November Maintained at 6.25 % Press Release for November 2015
October Maintained at 6.25 % Press Release for October 2015
September Maintained at 6.25 % Press Release for September 2015
August Maintained at 6.25 % Press Release for August 2015
July Maintained at 6.25 % Press Release for July 2015
June Maintained at 6.25 % Press Release for June 2015
May Maintained at 6.25 % Press Release for May 2015
April Maintained at 6.25 % Press Release for April 2015
March Maintained at 6.25 % Press Release for March 2015
February Maintained at 6.25 % Press Release for February 2015
January Maintained at 6.25 % Press Release for January 2014
2014 Rate (%)
December Maintained at 6.25 % Press Release for December 2014
November Maintained at 6.25 % Press Release for November 2014
October Maintained at 6.25 % Press Release for October 2014
September Maintained at 6.25 % Press Release for September 2014
August Maintained at 6.25 % Press Release For August 2014
July Maintained at 6.25 % Press Release For July 2014
June Maintained at 6.25 % Press Release For June 2014
May Maintained at 6.25 % Press Release For May 2014
April Maintained at 6.25 % Press Release For April 2014
March Maintained at 6.25% Press Release for March 2014
February Maintained at 6.25% Press Release for February 2014
January Maintained at 6.25% Press Release for January 2014
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Kina exchange rate (MIDRATE)

Last Updated:
Released:17/08/2018

USD 0.3020
AUD 0.4157
EUR 0.2655
GBP 0.2375
JPY 33.49
NZD 0.4584
SGD 0.4155

Kina Facility Rate:

    • Aug 2018  6.25%
    • July 2018  6.25%
    • June 2018  6.25%
    • May 2018  6.25%
    • Apr 2018  6.25%
    • Mar 2018  6.25%
    • Feb 2018  6.25%
    • Jan 2018  6.25%