Rate direction
US dollar to Papua New Guinean kina · USD/PGK trend
Review the recent market direction, current mid-market rate and significant movement alerts.
Current mid-market rate
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USD/PGK exchange rate
90-day market context
USD to PGK at 4.4222 is just 0.6% above its 3-month average of 4.398, having traded in a very stable 3.1% range from 4.3454 to 4.4798
USD to PGK Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much US 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 USD amounts at today’s rate * :
*Converted at the current USD-PGK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for USD to PGK?
The best USD to PGK exchange rate is 4.3365 from Western Union. This is -2% compared to the mid-market rate 4.4250.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Papua New Guinean kina (PGK) rates from different sources before making a conversion.
The above Dollar 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 USD-PGK mid-rate and the possible savings of using various providers.
How do USD-PGK rates compare between providers?
Looking at the full USD to PGK - Send Money comparison table the provider with the best USD to PGK exchange rate is Western Union at 4.3365, -2% from the latest mid-market rate 4.4250.
The next best is Wise at 4.2207, -4.6% from the mid-rate.
Then OFX at 4.0431, which is -8.6% from the mid-rate.
Among the banks the Chase Bank rate is 3.8086 at -13.9% the Wells Fargo Bank rate is 3.7965 at -14.2% and the Citibank rate is 3.9825 at -10% compared to the mid-rate 4.4250.
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.
