1 PGK to KRW - Convert Papua New Guinean Kina to South Korean Won

Looking at the 30-day window, the PGK/KRW pair traded in a range of 333.7981 to 353.6002. The monthly average was 342.6397 with 1.62% volatility. This upward movement of 3% suggests significant momentum in the PGK/KRW exchange rate.

The current mid-market exchange rate is 1 PGK = 353.3997 KRW, updated as of July 3, 2026, 6:12 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Papua New Guinean Kina to South Korean Won Exchange Rate

The PGK/KRW exchange rate tells you how many South Korean Won (KRW) you receive for every Papua New Guinean Kina (PGK). At the current mid-market rate of 1 PGK = 353.3997 KRW, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the PGK/KRW Conversion

Converting Papua New Guinean Kina to South Korean Won involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Historical PGK/KRW Trends

The PGK/KRW exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Papua New Guinean Kina Overview

The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea. Mining (gold, copper) and LNG exports are the dominant industries. Understanding the fundamentals behind PGK helps contextualize its exchange rate movements against KRW and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 PGK = 353.3997 KRW shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: KRW to PGK

The reverse exchange rate is 1 KRW = 0.002830 PGK. This is useful if you are starting with South Korean Won and want to know how much Papua New Guinean Kina you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated KRW to PGK converter for the reverse direction.