PGK to USD Exchange Rate - Convert Papua New Guinea Kina to US Dollar

Converting from Papua New Guinea Kina (PGK) to US Dollar (USD)

What is Papua New Guinea Kina (PGK)

The Papua New Guinea Kina (PGK) is the official currency of Papua New Guinea, a country located in the southwestern Pacific Ocean. The Kina was introduced in 1975, replacing the Australian Dollar at a rate of two Kina for each one Australian Dollar. The name "Kina" comes from a type of shell that was traditionally used as currency among the indigenous people of Papua New Guinea.

The Kina is divided into 100 toea, which is a smaller unit of currency. Notes and coins in circulation typically include denominations of 2, 5, 10, 20, 50, and 100 Kina, as well as coins in 1, 2, 5, 10, 20, and 50 toea. The Kina is a significant part of the Papua New Guinea economy and is used for everyday transactions, investments, and international trade.

When converting PGK to USD, it is essential to be aware of the current exchange rates because these can fluctuate due to various economic factors. The Central Bank of Papua New Guinea publishes daily exchange rates, which you can use to get an accurate conversion rate at any given time.

What is US Dollar (USD)

The United States Dollar (USD) is the official currency of the United States and is one of the most widely used currencies worldwide. Established in 1792, the US Dollar has become the dominant reserve currency in global finance. It is represented by the symbol "$" and can be found in various denominations of bills, including $1, $5, $10, $20, $50, and $100, along with coins of 1 cent, 5 cents, 10 cents, 25 cents, 50 cents, and $1.

The USD is commonly used in international trade and is often referred to as a "safe haven" currency. This means that during times of economic instability, investors and traders often flock to the US Dollar for stability. Because of its wide acceptance, the US Dollar can be used for transactions around the world.

When considering a conversion from PGK to USD, keep in mind that the value of the USD can be influenced by various factors such as inflation rates, interest rates, and political stability. To convert PGK to USD, you can use the formula:

Amount in USD = Amount in PGK × Exchange Rate (PGK to USD)

For example, if the exchange rate is 0.30, then converting 100 PGK would yield:

100 PGK × 0.30 = 30 USD

In conclusion, understanding the Papua New Guinea Kina and the US Dollar, along with their conversion, is crucial for anyone looking to make financial decisions, whether for travel, investment, or business transactions. As exchange rates fluctuate, keeping track of the latest rates will help ensure accurate conversions between these two significant currencies.

Papua New Guinea Kina to US Dollar conversion table

PGK to USD conversion table

Papua New Guinea Kina (PGK)US Dollar (USD)
1 PGK0.24420126596 USD
2 PGK0.48840253192 USD
3 PGK0.73260379788 USD
4 PGK0.97680506383 USD
5 PGK1.22100632979 USD
6 PGK1.46520759575 USD
7 PGK1.70940886171 USD
8 PGK1.95361012767 USD
9 PGK2.19781139363 USD
10 PGK2.44201265959 USD
100 PGK24.42012659586 USD
200 PGK48.84025319172 USD
300 PGK73.26037978758 USD
400 PGK97.68050638343 USD
500 PGK122.10063297929 USD
600 PGK146.52075957515 USD
700 PGK170.94088617101 USD
800 PGK195.36101276687 USD
900 PGK219.78113936273 USD
1 000 PGK244.20126595859 USD
2 000 PGK488.40253191717 USD
5 000 PGK1 221.00632979293 USD
10 000 PGK2 442.01265958587 USD
20 000 PGK4 884.02531917173 USD
50 000 PGK12 210.06329792934 USD
100 000 PGK24 420.12659585867 USD
Last updated May 26, 2025 at 08:55 PM