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The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as at 26 May, 2023
USD 0.2820
AUD 0.4329
GBP 0.2286
EUR 0.2627
NZD 0.4646
JPY 39.39
SGD 0.3814Source: Bank of PNG
From the Business Advantage blog 
This shock revaluation is bad for agriculture as the Kina incomes of all producers of export crops have been instantly slashed by 20%.
Whilst imported purchases will gradually come down in price farmers will have less Kinas
to pay for these imports Therefore the effect on businesses dependent on agriculture will
not benefit.
Now there are concerns over the difficulty in paying overseas suppliers as the banks seem
to short of USD/AUD etc to pay overseas import bills.
One does wonder what result the Bank of PNG hoped to achieve.