It is the Bank’s role to ensure public acceptability and confidence in our currency is maintained by ensuring the design and appearance are acceptable and longitivity and sufficient stocks of the notes and coins are maintained for our public needs. On the exchange rate front, the Kina has endured its own challenges.
It was introduced in 1975, it has been pegged, it has been placed in the basket of currencies and it was floated in 1994, all before it reached the age of 21 years. It is still going strong. What a journey!!! Ladies and gentlemen, let me introduce to you for the first time in our history the 35th anniversary commemorative K2.00 circulation coin.