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The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to 6 September 2024 at the National Museum & Art Gallery in Port Moresby. The exhibition offered an opportunity to explore the fascinating historical past of PNG currency and its unique place within the nation’s improvement. Displaying cultural richness and variety, attendees have been reminded of the importance of currency as a reflection of PNG identity, values, and traditions. The Assistant Governor of Corporate Affairs, Mr Ron Sikar, gave the opening speech and formally declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to face before you right now as we open the Kina and Toea Exhibition, a showcase of our nation’s rich and evolving financial history as part of the Bank’s fiftieth anniversary celebrations,” Governor Genia said. She highlighted that the event is particularly vital as it precedes the 50th anniversary of each the country’s foreign money and the nation itself.

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Governor Genia additionally launched the Bank’s Vision 2050, launched according to the anniversary celebrations. Shells, notably the Kina and Toea, weren’t solely mediums of commerce but in addition symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash also represented social status, and it was utilized in marriages, deaths, and different important ceremonies and events,” Genia defined. The arrival of colonisers marked a turning level within the country’s financial historical past, leading to the introduction of latest currencies on 19 April 1975. “These contemporary currencies served as both financial instruments and nationwide emblems of our independence and unity as a nation,” Genia famous. She supplied insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is found in both the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions.

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