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AUD to PGK Calculator

Australian Dollar to Papua New Guinean Kina - Convert Compare Save

 

AUD to PGK mid-rate = 2.4084

Right now the AUD/PGK market mid-rate is 2.4084 and represents ideally how many Papua New Guinean Kina you can get for one Australian Dollar.

You can calculate equivalent Australian Dollar to Papua New Guinean Kina currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for AUD to PGK transfers or buying PGK travel money.

AUD / PGK Converter


$AUD


KPGK
1 Australian Dollar equals
2.4084 Papua New Guinean Kina

Compare how much you can save on
AUD/PGK exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
3 Month AUD to PGK Chart
Loading AUD/PGK rates

Australian Dollar

Papua New Guinean Kina

1 AUD 2.4084 PGK
5 AUD 12.04 PGK
10 AUD 24.08 PGK
20 AUD 48.17 PGK
50 AUD 120.42 PGK
100 AUD 240.84 PGK
250 AUD 602.10 PGK
500 AUD 1,204.20 PGK
1,000 AUD 2,408.40 PGK
2,000 AUD 4,816.80 PGK
5,000 AUD 12,042.00 PGK
10,000 AUD 24,084.00 PGK
50,000 AUD 120,420.00 PGK
100,000 AUD 240,840.00 PGK
See more

Australian Dollar

Papua New Guinean Kina

0.4152 AUD 1 PGK
2.0760 AUD 5 PGK
4.1520 AUD 10 PGK
8.3040 AUD 20 PGK
20.76 AUD 50 PGK
41.52 AUD 100 PGK
103.80 AUD 250 PGK
207.60 AUD 500 PGK
415.20 AUD 1,000 PGK
830.40 AUD 2,000 PGK
2,076.00 AUD 5,000 PGK
4,152.00 AUD 10,000 PGK
20,760.00 AUD 50,000 PGK
41,520.00 AUD 100,000 PGK
See more

PGK Country Guides
Papua New GuineaPapua New Guinea

Australian Dollar to Papua New Guinean Kina (AUD-PGK) - 10 Year History

The below table shows the historic variation in the AUD/PGK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Jan 20192.4084Latest
12 Jan 20192.42531 Week-0.7%
20 Dec 20182.39101 Month+0.73%
23 Jul 20182.42896 Months-0.84%
19 Jan 20182.56901 Year-6.25%
19 Jan 20172.40412 Years+0.18%
20 Jan 20142.20335 Years+9.31%
21 Jan 20091.719710 Years+40.05%

Best Rates for AUD/PGK Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


Why can't I just get the AUD/PGK market rate I see on Google or in the Media?

The AUD/PGK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / PGK was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/PGK midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to PGK exchange rate

  1. Know the latest AUD/PGK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Papua New Guinean Kina

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs PGK, you should pay attention to both Australian Dollar and Papua New Guinean Kina news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.

By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.

Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.

One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.

Papua New Guinean Kina (PGK) - Market news and forecasts

No recent Papua New Guinean Kina market updates.

Currency News and Forecasts - Australian Dollar

Australian Dollar to Get “Crucified,” Analyst Says
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Sterling at 7-Week High Ahead of Important Brexit Vote
Euro Fails in Breakout Attempt, Has Mixed Outlook in 2019
Australian Dollar, Canadian Dollar to Outperform; Yuan at 5-Month High
Outlook for Singapore Dollar Is Bright; Swiss Franc Strong In Spite of ...