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Compare today's PGK to PAB (Papua New Guinean Kina to Panamanian Balboa) exchange rates

Papua New Guinea
Panama
PGK

Interbank Exchange Rate: 1 PGK = 0.2343 PAB
Updated about an hour ago

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All you need to know about Papua New Guinean Kina to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Papua New Guinea to Panama. Send money overseas to your loved ones by comparing Papua New Guinean Kina (PGK) to Panamanian Balboa (PAB) 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 Panama 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 PAB Conversion Rates

Here are some latest PGK to PAB (Papua New Guinean Kina to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 PGK0.23 PAB
5 PGK1.17 PAB
10 PGK2.34 PAB
25 PGK5.86 PAB
50 PGK11.72 PAB
100 PGK23.43 PAB
150 PGK35.15 PAB
200 PGK46.86 PAB
250 PGK58.58 PAB
300 PGK70.29 PAB
400 PGK93.72 PAB
500 PGK117.15 PAB
600 PGK140.58 PAB
700 PGK164.01 PAB
800 PGK187.44 PAB
1,000 PGK234.30 PAB
1,500 PGK351.45 PAB
2,000 PGK468.60 PAB
2,500 PGK585.75 PAB
3,000 PGK702.90 PAB
4,000 PGK937.20 PAB
5,000 PGK1,171.50 PAB
10,000 PGK2,343.00 PAB
15,000 PGK3,514.50 PAB
20,000 PGK4,686.00 PAB
30,000 PGK7,029.00 PAB
40,000 PGK9,372.00 PAB
50,000 PGK11,715.00 PAB
100,000 PGK23,430.00 PAB

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


What's the best way to send money to Panama from Papua New Guinea?

Sending money internationally to Panama 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 PAB 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 Panama. 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 Panamanian Balboa.


How to get the best exchange rate for sending money from Papua New Guinea to Panama?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Panama from Papua New Guinea.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PGK to Panamanian Balboa remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for PGK to PAB remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Papua New Guinea to Panama?

The final amount your recipient gets when you send PGK to PAB 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 Panama 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 Panamanian Balboa 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 Panama 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 Panama?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low PGK to PAB exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Papua New Guinea to Panama money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Panama from Papua New Guinea. They do this by letting you fund your transaction through your local bank account in Papua New Guinea, and by allowing you to choose the payout to be your recipient's bank account in Panama. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Papua New Guinea to Panama fast?

It could be a stressful experience if you need to rush money quickly from Papua New Guinea to Panama. 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 PAB. 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 Panamanian Balboa. 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 Panama money transfers.


Which are the best money transfer companies to transfer money to Panama from Papua New Guinea?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Papua New Guinea to Panama, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Papua New Guinean Kina to Panamanian Balboa exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your PAB money transfers to Panama. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Panama getting more money for every Papua New Guinean Kina you send.


Step by step guide to send money to Panama from Papua New Guinea

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Papua New Guinea to Panama, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Papua New Guinea to Panama that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Panama where they can receive monies in Panamanian Balboa.
  • Then, provide details of your Papua New Guinea bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your PGK travel to another part of the globe.