Papua New Guinea withdraws all paper notes

The Bank of Papua New Guinea has announced that all paper kina banknotes will be withdrawn by June 2013. After June 2013 these notes will no longer be legal tender. The bank has been announcing to the public that paper banknotes denominations K2, K5, K10, K20, K50 and K100 as well as the K2 coin will be removed from circulation. In their place will be the polymer or plastic notes in the same denominations. Polymer notes in circulation will continue.

More info in this article.

Steven Thursday 11 April 2013 at 11:41 am | | news
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