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The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s wealthy financial historical past and the fiftieth anniversary of Papua New Guinea’s foreign money. This event, held as part of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025. 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 a possibility to discover the fascinating historical past of PNG foreign money and its unique place within the nation’s improvement. Displaying cultural richness and variety, attendees were reminded of the significance of forex as a mirrored image of PNG id, values, and traditions.
“Deeply embedded in our traditions and cultural practices, shell cash also represented social standing, and it was utilized in marriages, deaths, and other vital ceremonies and occasions,” Genia defined. The arrival of colonisers marked a turning level in the country’s economic history, leading to the introduction of latest currencies on 19 April 1975. “These contemporary currencies served as both economic devices and national emblems of our independence and unity as a nation,” Genia noted. She offered insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions. Similarly, “Toea” refers to a useful sort of shell used in trade and traditional bride price ceremonies in the Motuan Coastal villages.
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