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The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to 6 September 2024 on the National Museum & Art Gallery in Port Moresby. The exhibition supplied an opportunity to discover the fascinating historical past of PNG currency and its distinctive place in the nation’s improvement. Displaying cultural richness and variety, attendees have been reminded of the importance of currency as a reflection of PNG identification, 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 stand earlier than you today as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving financial history as part of the Bank’s 50th anniversary celebrations,” Governor Genia said. She highlighted that the event is especially significant because it precedes the 50th anniversary of each the country’s foreign money and the nation itself.
Governor Genia additionally launched the Bank’s Vision 2050, launched in line with the anniversary celebrations. Shells, notably the Kina and Toea, were not solely mediums of commerce but in addition symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash additionally represented social standing, and it was utilized in marriages, deaths, and different significant ceremonies and events,” Genia explained. The arrival of colonisers marked a turning point in the nation’s financial history, resulting in the introduction of up to date currencies on 19 April 1975. “These modern 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 found in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions.
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