Exchange rates: kina (K) per US$1—0.47 (December 1998), 0.6975 (1997), 0.7588 (1996), 0.7835 (1995), 0.9950 (1994); note—the government floated the kina on 10 October 1994

Fiscal year: calendar year

Communications

Telephones: 63,212 (1986 est.)

Telephone system: services are adequate and being improved; facilities provide radiotelephone and telegraph, coastal radio, aeronautical radio, and international radio communication services domestic: mostly radiotelephone international: submarine cables to Australia and Guam; satellite earth station—1 Intelsat (Pacific Ocean); international radio communication service

Radio broadcast stations: AM 31, FM 2, shortwave 0

Radios: 298,000 (1992 est.)

Television broadcast stations: 3 (1997)

Televisions: 10,000 (1992 est.)

Transportation