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Convert NZD to PGK Exchange Rate

Check current NZD to PGK exchange rates, view historical rates, or find your nearest Travelex store to exchange your New Zealand dollars to Papua New Guinean kina.

The lowdown on the Papua New Guinean kina

Economical Influences on the Papua New Guinean Kina Exchange Rate

Despite Papua New Guinea’s abundance of natural resources, the country’s rugged terrain, land issues and the high cost of infrastructure permit its resources from being utilised to their full potential.1

Despite the difficulties of cultivating, Papua New Guinea’s economy is primarily supported by its export in natural resources such as liquid natural gas (LNG).1

Agriculture is the main employment industry, accounting for 85% of jobs in Papua New Guinea.1

The Papua New Guinea kina has suffered minimal fluctuations over the last 3-year period.2

Papua New Guinean Kina Historical Exchange Rate

The PGK has seen some fluctuations over the previous years, performing best between 2015 and 2016.2

As of 14 May 2014 the NZD was buying around 2.43 PGK, however this had fluctuated by 20 September of the same year with the NZD then buying 1.91770 PGK.2

By 6 September 2015 the worth of the PGK continued to strengthen against the New Zealand dollar, with the NZD being equal to 1.76323 at this time.2

A year later on 13 September 2016 the NZD was buying around 2.38 PGK, but by 11 May 2017 the NZD was now worth around 2.18 Papua New Guinean kina.2

2018 was a relatively stable year for the PGK – on 17 April 1 New Zealand dollar was buying 2.39535 PGK and on 6 October the NZD was worth around 2.10 PGK.2

As of 18 January 2019 the NZD was worth around 2.20692 PGK.2

CURRENCY CONVERTER

[fromExchangeAmount] New Zealand Dollar = [toExchangeAmount] [toCurrencyName]


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Exchange rates last updated Friday, 13 December 2019 4:01:47 p.m. NZDT. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online buy rate will be used for conversions from a foreign currency to the local currency. The Travelex online sell rate will be used for conversions from the local currency to a foreign currency.

Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: Last month

Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 3 months

Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 6 months

Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 12 months

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Sources
1. Central Intelligence Agency – https://www.cia.gov/library/publications/the-world-factbook/geos/pp.html
2. XE - https://www.xe.com/currencycharts/?from=NZD&to=PGK&view=5Y

*The information contained in this article has been compiled by Travelex from different different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex NZ Limted arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.