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 pdf_button

 Press Release – Global Money Week pdf_button

Kina exchange rate (MIDRATE)

Last Updated:
Released:07/02/2023

USD 0.2840
AUD 0.4093
EUR 0.2644
GBP 0.2357
JPY 37.54
NZD 0.3766
SGD 0.3767

Kina Facility Rate:

    • Feb 2023 3.50%
    • Jan 2023 3.50%
    • Dec 2022 3.25%
    • Nov 2022 3.25%
    • Oct 2022 3.25%
    • Sep 2022 3.25%
    • Aug 2022 3.25%
    • Jul 2022 3.25%
    • Jun 2022 3.00%
    • May 2022 3.00%
    • Apr 2022 3.00%
    • Mar 2022 3.00%
    • Feb 2022 3.00%
    • Jan 2022 3.00%