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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Papua New Guinea can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Papua New Guinea bank accounts or pay a Papua New Guinean kina invoice.
Australian dollar (AUD) to Papua New Guinean kina (PGK) market data - latest interbank exchange rate, trend, chart & historic rates.
In the near term, AUD/USD is trading close to recent highs within its 3-month range, supported by the rate differential but...
In the near term, AUD/EUR is trading close to recent highs and held near the 3-month range’s upper end. The dominant driver from...
In the near term, AUD/JPY is trading close to its 90-day average, holding near the mid-range. The pair is supported by Australia's...
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Papua New Guinean kina across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-PGK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best AUD to PGK exchange rate is 2.9881 from Western Union. This is -1.5% compared to the mid-market rate 3.0336.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Papua New Guinean kina (PGK) rates from different sources before making a conversion.
The above Aussie to Kina comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest AUD-PGK mid-rate and the possible savings of using various providers.
Looking at the full AUD to PGK - Send Money comparison table the provider with the best AUD to PGK exchange rate is Western Union at 2.9881, -1.5% from the latest mid-market rate 3.0336.
The next best is Wise at 2.9392, -3.1% from the mid-rate.
Then OFX at 2.805, which is -7.5% from the mid-rate.
Among the banks the Commonwealth Bank rate is 2.8243 at -6.9% the ANZ Bank rate is 2.6423 at -12.9% and the ING Bank rate is 2.4952 at -17.7% compared to the mid-rate 3.0336.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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