Kina Bank Exchange Rate Calculator

Kina Bank Exchange Rate Calculator

Calculate conversions for PGK and major global currencies

PNG Kina (PGK) to Foreign Currency Foreign Currency to PNG Kina (PGK)
USD – US Dollar AUD – Australian Dollar NZD – New Zealand Dollar GBP – Great British Pound EUR – Euro JPY – Japanese Yen SGD – Singapore Dollar

How to Use the Kina Bank Exchange Rate Calculator

Navigating foreign exchange in Papua New Guinea requires understanding how the Kina (PGK) trades against international currencies. This calculator is designed to help you estimate your conversions based on Kina Bank's daily quoted rates.

Steps to calculate your exchange:

  • Step 1: Enter the amount you wish to convert.
  • Step 2: Select whether you are starting with PNG Kina or a foreign currency (like AUD or USD).
  • Step 3: Choose the target currency.
  • Step 4: Input the "Bank Sell" or "Bank Buy" rate provided by Kina Bank for that day. Note: Rates typically vary for Telegraphic Transfers (TT) and Cash.

Understanding PGK Exchange Rates

When dealing with Kina Bank exchange rates, you will often see two different prices: the Buying Rate and the Selling Rate.

Bank Selling Rate: This is the rate applied when the bank sells foreign currency to you (e.g., you are using PGK to buy USD for an overseas trip). This rate is usually lower numerically when expressed as 1 PGK = X Foreign Currency.

Bank Buying Rate: This is the rate applied when the bank buys foreign currency from you (e.g., you have USD and want to convert it into PGK). This rate is generally higher numerically than the selling rate.

Common Conversion Examples

Transaction Type Amount Example Rate Estimated Result
PGK to AUD (Buying FX) 1,000 PGK 0.4100 410.00 AUD
USD to PGK (Selling FX) 500 USD 0.2650 1,886.79 PGK

Disclaimer: This calculator is for informational purposes only. Exchange rates fluctuate throughout the day. Always verify the final rate with a Kina Bank representative or via the official Kina Bank portal before performing a transaction.

function updateRateLabel() { var direction = document.getElementById("kinaDirection").value; var label = document.getElementById("rateLabel"); if (direction === "pgkToFx") { label.innerText = "Current Bank Rate (1 PGK = X Foreign)"; } else { label.innerText = "Current Bank Rate (1 PGK = X Foreign)"; } } function applyDefaultRate() { var currency = document.getElementById("kinaCurrency").value; var rateInput = document.getElementById("kinaRate"); // Approximate rates for demonstration; user should update manually var defaultRates = { "USD": 0.2650, "AUD": 0.4120, "NZD": 0.4450, "GBP": 0.2110, "EUR": 0.2450, "JPY": 39.50, "SGD": 0.3580 }; if (defaultRates[currency]) { rateInput.value = defaultRates[currency]; } } function calculateKinaConversion() { var amount = parseFloat(document.getElementById("kinaAmount").value); var direction = document.getElementById("kinaDirection").value; var currency = document.getElementById("kinaCurrency").value; var rate = parseFloat(document.getElementById("kinaRate").value); var resultDiv = document.getElementById("kinaResult"); var outputValue = document.getElementById("kinaOutputValue"); var details = document.getElementById("kinaDetails"); if (isNaN(amount) || amount <= 0) { alert("Please enter a valid amount greater than zero."); return; } if (isNaN(rate) || rate <= 0) { alert("Please enter a valid exchange rate."); return; } var finalAmount = 0; var resultText = ""; if (direction === "pgkToFx") { // Logic: PGK amount * Rate = Foreign Amount finalAmount = amount * rate; resultText = finalAmount.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}) + " " + currency; details.innerHTML = "Conversion: " + amount.toLocaleString() + " PGK at a rate of " + rate + " per 1 Kina."; } else { // Logic: Foreign amount / Rate = PGK Amount finalAmount = amount / rate; resultText = finalAmount.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}) + " PGK"; details.innerHTML = "Conversion: " + amount.toLocaleString() + " " + currency + " at a rate of " + rate + " against 1 Kina."; } outputValue.innerText = "Total: " + resultText; resultDiv.style.display = "block"; } // Initialize with a default rate window.onload = function() { applyDefaultRate(); };

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