Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's PGK to USD (Papua New Guinean Kina to US Dollar) exchange rates

Papua New Guinea
Timor-Leste (East Timor)
PGK

Interbank Exchange Rate: 1 PGK = 0.2342 USD
Updated about 1 hours ago

Found 0 Remittance Service Providers

All you need to know about Papua New Guinean Kina to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Papua New Guinea to Timor-Leste (East Timor). Send money overseas to your loved ones by comparing Papua New Guinean Kina (PGK) to US Dollar (USD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Papua New Guinea.

Were you looking to send money from Timor-Leste (East Timor) to Papua New Guinea instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest PGK to USD Conversion Rates

Here are some latest PGK to USD (Papua New Guinean Kina to US Dollar) exchange rates for popular conversion amounts*.

1 PGK0.23 USD
5 PGK1.17 USD
10 PGK2.34 USD
25 PGK5.85 USD
50 PGK11.71 USD
100 PGK23.42 USD
150 PGK35.13 USD
200 PGK46.84 USD
250 PGK58.55 USD
300 PGK70.26 USD
400 PGK93.68 USD
500 PGK117.10 USD
600 PGK140.52 USD
700 PGK163.94 USD
800 PGK187.36 USD
1,000 PGK234.20 USD
1,500 PGK351.30 USD
2,000 PGK468.40 USD
2,500 PGK585.50 USD
3,000 PGK702.60 USD
4,000 PGK936.80 USD
5,000 PGK1,171.00 USD
10,000 PGK2,342.00 USD
15,000 PGK3,513.00 USD
20,000 PGK4,684.00 USD
30,000 PGK7,026.00 USD
40,000 PGK9,368.00 USD
50,000 PGK11,710.00 USD
100,000 PGK23,420.00 USD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Papua New Guinea to Timor-Leste (East Timor)?

Sending money internationally to Timor-Leste (East Timor) from Papua New Guinea can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Papua New Guinean Kina to USD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Timor-Leste (East Timor). Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in United States Dollar.


How to get the best exchange rate for your money transfers from Papua New Guinea to Timor-Leste (East Timor)?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your PGK to United States Dollar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Papua New Guinea to Timor-Leste (East Timor). We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for PGK to USD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Papua New Guinea to Timor-Leste (East Timor)?

The final amount your recipient gets when you send PGK to USD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Papua New Guinea to Timor-Leste (East Timor) used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send United States Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Papua New Guinean Kina to Timor-Leste (East Timor) exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Papua New Guinea to Timor-Leste (East Timor)?

We do not recommend using your local bank in Papua New Guinea for your next PGK to USD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Papua New Guinea to Timor-Leste (East Timor) (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending USD to Timor-Leste (East Timor). These companies will let you use your local bank account in Papua New Guinea to pay for your Timor-Leste (East Timor) money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Papua New Guinea to Timor-Leste (East Timor)?

It could be a stressful experience if you need to rush money quickly from Papua New Guinea to Timor-Leste (East Timor). How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert PGK to USD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in United States Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Papua New Guinea to Timor-Leste (East Timor) money transfers.


Which are the best money transfer companies to transfer money to Timor-Leste (East Timor) from Papua New Guinea?

Since the Papua New Guinean Kina to United States Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Papua New Guinea that may also be able to send money to Timor-Leste (East Timor). With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your PGK to USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Timor-Leste (East Timor) gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Papua New Guinea to Timor-Leste (East Timor) transaction.


Step by step guide to do a money transfer from Papua New Guinea to Timor-Leste (East Timor)

There are many important aspects of Papua New Guinea to Timor-Leste (East Timor) remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Papua New Guinea bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include USD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Papua New Guinean Kina amount you want to send from Papua New Guinea.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Timor-Leste (East Timor) to validate that they get the money once the transaction clears.