Exchange rates (subject to change) for major currencies: PGK 1:00 is equivalent to: 

• USD0.4810
• AUD0.4594
• GBP0.2986
• EUR0.3722N
• ZD0.5856JPY37.3800
• SDR0.3122

Banks in Papua New Guinea

There are several commercial banks in Papua New Guinea. 

Banks
There are six commercial banks operating in Papua New Guinea. They are 

• Bank South Pacific,
•  Australian & New Zealand Banking Group (ANZ), 
• Westpac Bank 
• and May Bank. 
  
• World Bank
• PNG National  Development Bank (NDB)
• Central Bank of Papua New Guinea
• The National Development Bank of Papua New Guinea

Opening hours: 8.45am to 3pm from Monday to Thursday and from 8.45am to 4pm on Friday. A branch of Bank South Pacific is open for business at Port Moresby’s International Airport for currency exchange at arrival and departure times of all international flights. 

ATMs & Eftpos 
ATMs are located in major towns and cities. Eftpos is found in major hotels, shops, restaurants and many other locations. 

Credit cards 
Major credit cards (Visa, MasterCard, American Express, Diners & JCB) and traveller’s cheques are accepted at most leading hotels, restaurants and travel agencies. 

Money transfers

• Western Union – Located at major Bank South Pacific branches.
• Travelex – Located at major ANZ branches.
• Telegraphic transfer – Remittance via the bank account of the same bank.
• Salim Moni Kwik (SMK) – Same day domestic money transfer by Post PNG

Other Finance Companies 

• Fincorp Ltd
• Kina Finance
• Easy Loan