Money
Currency: Kina (Kina) = 100 toea. Notes are in denominations of Kina50, 20, 10, 5 and 2. Coins are in denominations of Kina1, and 50, 20, 10, 5, 2 and 1 toea.
Currency exchange: Exchange facilities are available through trade banks.
Credit cards: American Express is the most widely accepted credit card. Holders of this and other cards should check with their credit, or debit, card company for details of merchant acceptability and other services which may be available.
Travellers cheques: Accepted by most shops and hotels. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars, Pounds Sterling or Australian Dollars.
Currency restrictions: There are no restrictions on the import or export of local currency. The import and export of foreign currency is subject to Government permission.
Exchange rate indicators
The following figures are included as a guide to the movements of the Kina against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 5.43 | 6.04 | 6.59 | 5.97 | | $1.00= | 3.72 | 3.97 | 4.17 | 3.75 | | |
Banking hours: Mon-Thurs 0845-1500, Fri 0845-1600.
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