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Papua New Guinea - Papua New Guinean Kina - Currency Guide

 

Foreign exchange guide to Papua New Guinea and the Papua New Guinean Kina (PGK)

   

USD/PGK 90-day view

USD/PGK at 3.449 is a little below its 90-DAY average, range 3.4225 - 3.5328 .
🔔 Today USD/PGK is DOWN 1.9%
|
Alert:1-DAY1.9% |
 
Recent USD to PGK 90-day trend
   

PGK News, Forecasts and Trends

The above interactive chart shows the USD to PGK exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Papua New Guinean Kina - Historical Rates

USD/PGK rateChangePeriod
11 Sep 2020 : 3.43500.4% ▲1 Week
19 Aug 2020 : 3.53002.3% ▼30 Days
20 Jun 2020 : 3.44750% ▲90 Days
19 Sep 2019 : 3.40101.4% ▲1 Year
20 Sep 2015 : 2.829521.9% ▲5 Years
21 Sep 2010 : 2.680628.7% ▲10 Years

USD/PGK 10 year historic rates & change to 18-Sep-2020 : 3.4490

 

U$10,000 USD
=
K34,490 PGK

Converted at USD/PGK interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Papua New Guinean Kina - Quick Conversions

USD PGK
U$ 1 K 3.4490
U$ 5 K 17.25
U$ 10 K 34.49
U$ 20 K 68.98
U$ 50 K 172.45
U$ 100 K 344.90
U$ 250 K 862.25
U$ 500 K 1,725
U$ 1,000 K 3,449
U$ 2,000 K 6,898
U$ 5,000 K 17,245
U$ 10,000 K 34,490
U$ 50,000 K 172,450
U$ 100,000 K 344,900
More amounts
USD PGK
U$ 0.2899 K 1
U$ 1.4495 K 5
U$ 2.8990 K 10
U$ 5.7980 K 20
U$ 14.50 K 50
U$ 28.99 K 100
U$ 72.48 K 250
U$ 144.95 K 500
U$ 289.90 K 1,000
U$ 579.80 K 2,000
U$ 1,450 K 5,000
U$ 2,899 K 10,000
U$ 14,495 K 50,000
U$ 28,990 K 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in Papua New Guinea?

The domestic currency in Papua New Guinea is the Papua New Guinean Kina.

What is the Papua New Guinean Kina currency code and symbol?

The three letter currency code for the Papua New Guinean Kina is PGK — symbol is K.

Which countries use the Papua New Guinean Kina?

It is the domestic currency in    Papua New Guinea.

Is the Papua New Guinean Kina a closed currency?

No, the Papua New Guinean Kina is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Papua New Guinea

parts of Papua New Guinea are still unexplored and unvisited. Wandering around Papua New Guinea will make you wonder as if there is no civilizations yet discovered. The tropical birds, the vibrant colors, the composite cultures and the tribal traditions will make you fall in love with this place. This country of biological diversity and immense culture is known for its beaches, scuba diving and coral reefs.

What currency should I take to Papua New Guinea?

Papua New Guinea's currency is the PNG Kina which is divided into 100 toea. K100, K50, K20, K10, K5 and K2 notes and a K1 coin are in circulation. Port Moresby hotels, restaurants, shops, rental car companies, Papua New Guinea tours and cruise operators and travel agents accept most major credit cards including Amex, Diners, Master Cards and Visa Cards. Australian dollars are widely accepted but you may be charged extra as the is a fee at the banks to convert Aussie dollars to PNG Kina.

The airport branch of Bank South Pacific is located in the international terminal at Port Moresby airport just near the exit from the Customs Arrival Hall. its open for all flights and offers normal bank rates. Hands down it is the best place to buy PNG kina. The buying rate here in PNG is always going to be better than the selling rate there in Australia.

How to travel in Papua New Guinea?

About 2000 airstrips have been cut out of the bush or into hill tops and coral islands during the last 80 years or so. Although less than a quarter of these airstrips are regularly used today, PNG is heavily reliant on air transport to connect its isolated and scattered population.

There are no passenger vessels linking the north and south coasts or any running along the south coast. Things are a little better on the northern coast and from the mainland to the island provinces with scheduled services offered by two companies. Chebu Shipping offer a dedicated ferry service (plus cargo), whereas Star Ships (aka Rabaul Shipping) vessels now carry primarily cargo and some passengers. Students are sometimes entitled to discounts.

PMV (public motor vehicle) is the generic term for any type of public transport and wherever there are roads, there will be PMVs. Whether it’s a dilapidated minibus, a truck with two facing wooden benches, a pick-up with no seats whatsoever but space in the tray, or any other means of transport (boats are also referred to as PMVs), the PMV is one of the keys to travelling cheaply in PNG. It’s also one of the best ways to meet local people.

Driving yourself around PNG is not really a viable way of travelling because the country has only a few roads – the Highlands (Okuk), Ramu and Sepik Hwys – that connect two or more places you might want to visit.

Travel tips for Papua New Guinea.

More than 800 distinct languages are spoken in Papua New Guinea. Melanesian Pidgin and Hiri Motu are the two most widely used, although English is the official language in education, businesses and government circles.

Vast tracts of the country are wild and undeveloped, with magnificent scenery that ranges from pristine coral atolls to volcanic mountains, dense tropical rainforest and large rivers. The mainland is divided by the Owen Stanley Range, a massive central spike with peaks towering over 4,000m.

Make the most of your trip to Papau New Guinea by the spectacular scuba diving, swimming and snorkeling opportunities at the beautiful beaches of the country. The crystal clear waters of the oceans around Madang, Tufi and many of the other island provinces are brilliantly flawless especially around the coral reefs.

 

Travel money for Papua New Guinea

Save money and time by Ordering your Papua New Guinean Kina online from Travelex, you get better rates and can pick up the PGK cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Papua New Guinean Kina otherwise you may get much worst exchange rates.

 

Sending money to Papua New Guinea

When searching around for information on how to get a good exchange rate when sending money to Papua New Guinea you need to start with finding out the latest Papua New Guinean Kina exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Papua New Guinea

When sending money to Papua New Guinea it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Papua New Guinean Kina amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted PGK amount will be transfered to the recipient account you specify in Papua New Guinea.

Use the above Send to Papua New Guinean Kina calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Papua New Guinean Kina deposited into the recipient bank account and less margins and fees kept by the banks!


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