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          FEMA

          What is the position of Papua New Guinea Paper Banknotes?

          Money Changing Activities - As on Oct 21, 2021

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          Legal tender status: Papua New Guinea paper banknotes no longer valid; certain unissued serial ranges not legal tender. Papua New Guinea paper banknotes ceased to be legal tender on June 30, 2012 and only polymer banknotes are legal tender. The Bank of Papua New Guinea published ranges of serial numbers for certain paper banknotes that were never issued and sold to a recycler in Europe; those unissued serial ranges are not legal tender in Papua New Guinea.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Legal tender status: Papua New Guinea paper banknotes no longer valid; certain unissued serial ranges not legal tender.

                                  Papua New Guinea paper banknotes ceased to be legal tender on June 30, 2012 and only polymer banknotes are legal tender. The Bank of Papua New Guinea published ranges of serial numbers for certain paper banknotes that were never issued and sold to a recycler in Europe; those unissued serial ranges are not legal tender in Papua New Guinea.


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