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PGK to EUR - Papua New Guinean Kina to Euro Converter

Convert Papua New Guinean Kina to Euro with daily ECB exchange rates

1 PGK = ~0.1949 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

PGK and EUR usually drift slowly against each other. For rough checks, small PGK movements translate to a small euro value; verify with a live converter.

Use rate alerts and compare providers to minimize spreads

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common PGK - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Central bank policy, inflation differentials, trade balance, commodity prices, political stability and overall market risk sentiment all shape PGK/EUR movements.

Economic Context

Trading Relationship

PNG exports minerals and other goods to international buyers; EUR-linked imports influence PNG costs. The rate affects pricing, margins, and the flow of goods between PNG and Europe.

Key Rate Factors

  • •PNG central bank policy and inflation control
  • •Inflation differentials between PNG and the euro area
  • •Commodity export cycles and global demand
  • •Trade links with Europe and related policies
  • •Global risk sentiment and USD demand

Central Banks

Bank of Papua New Guinea
Port Moresby, Papua New Guinea
Sets monetary policy, manages liquidity, and regulates financial institutions in PNG.
European Central Bank
Frankfurt, Germany
Sets monetary policy for the euro area and guides interest rates and money supply to maintain price stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates