AUD to PGK Exchange Rate - Convert Australian Dollar to Papua New Guinea Kina

Converting from Australian Dollar (AUD) to Papua New Guinea Kina (PGK)

What is Australian Dollar (AUD)

The Australian Dollar (AUD) is the official currency of Australia, as well as a few of its territories and some Pacific Island states. Launched in 1966, it was the first country to adopt a decimal currency system, making exchanges simpler and easier to understand. The Australian Dollar is represented by the symbol '$' and is divided into 100 cents.

AUD is one of the most traded currencies in the world and is considered a "commodity currency," which means its value is often influenced by the prices of commodities like gold, iron ore, and other natural resources. Due to Australia's strong economy and good credit rating, the Australian Dollar is viewed as a stable currency.

In addition to its practical uses in Australia, the AUD is often used as a reserve currency in other countries and regions. It is popular among investors and traders, especially in the Asia-Pacific region. When converting AUD to other currencies, exchange rates can fluctuate daily based on market conditions, making it crucial to check current rates for the most accurate conversion.

What is Papua New Guinea Kina (PGK)

The Papua New Guinea Kina (PGK) is the official currency of Papua New Guinea (PNG), an island nation located in the southwestern Pacific Ocean. The Kina was introduced in 1975 to replace the Australian Dollar, when Papua New Guinea gained independence from Australia. The symbol for Kina is 'K', and like the AUD, it is subdivided into 100 toea.

PGK is primarily used within Papua New Guinea, and its value is heavily influenced by the country's economic activities, particularly in sectors like mining, agriculture, and fisheries. The exchange rate of the Kina can be affected by various factors, including international commodity prices and the stability of PNG’s political and economic systems.

While PGK is less commonly traded on the global market compared to currencies like the AUD, it holds significant value in the Pacific region. Those looking to travel or conduct business in Papua New Guinea need to keep an eye on the exchange rates, as they can vary considerably.

Converting between AUD and PGK

To convert between the Australian Dollar and Papua New Guinea Kina, one must look at the current exchange rates. The formula for conversion can be expressed as:

AmountPGK = AmountAUD × ExchangeRateAUD/PGK

Where:

  • $AmountPGK$ is the equivalent amount in Papua New Guinea Kina.
  • $AmountAUD$ is the amount in Australian Dollars.
  • $ExchangeRateAUD/PGK$ is the current exchange rate from AUD to PGK.

Understanding these currencies and their conversion can help individuals, businesses, and travelers manage their financial transactions effectively.

Australian Dollar to Papua New Guinea Kina conversion table

AUD to PGK conversion table

Australian Dollar (AUD)Papua New Guinea Kina (PGK)
1 AUD2.63851249303 PGK
2 AUD5.27702498606 PGK
3 AUD7.9155374791 PGK
4 AUD10.55404997213 PGK
5 AUD13.19256246516 PGK
6 AUD15.83107495819 PGK
7 AUD18.46958745122 PGK
8 AUD21.10809994426 PGK
9 AUD23.74661243729 PGK
10 AUD26.38512493032 PGK
100 AUD263.85124930319 PGK
200 AUD527.70249860638 PGK
300 AUD791.55374790957 PGK
400 AUD1 055.40499721275 PGK
500 AUD1 319.25624651594 PGK
600 AUD1 583.10749581913 PGK
700 AUD1 846.95874512232 PGK
800 AUD2 110.80999442551 PGK
900 AUD2 374.6612437287 PGK
1 000 AUD2 638.51249303188 PGK
2 000 AUD5 277.02498606377 PGK
5 000 AUD13 192.56246515942 PGK
10 000 AUD26 385.12493031884 PGK
20 000 AUD52 770.24986063769 PGK
50 000 AUD131 925.62465159422 PGK
100 000 AUD263 851.24930318845 PGK
Last updated May 13, 2025 at 09:55 AM