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Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea > Governor Mr. Loi M. Bakani’s Press Releases on Kina Automated Transfer System (KATS) and Global Money Week

Governor Mr. Loi M. Bakani’s Press Releases on Kina Automated Transfer System (KATS) and Global Money Week

The Bank of Papua New Guinea and all commercial banks commenced using Real Time Gross Settlement System, a component of Kina Automated Transfer System (KATS), to improve interbank financial payments for their customers. This means all high value financial payments conducted between the banks are now done instantaneously or in real time.

The Governor also announces the press release on Global Money Week in partnership with commercial banks and financial institutions to empower the young generation to be confident, responsible and skilled economic citizens.

Press Release – Kina Automated Transfer System

Press Release – Global Money Week

Kina exchange rate (MIDRATE)

Last Updated:
Released:24/04/2024

USD 0.2634

AUD 0.4043

EUR 0.2462

GBP 0.2116

JPY 40.8

NZD 0.4432

SGD 0.3582

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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%