Exchange Rate in Papua New Guinea
The exchange rate ended 2022 at PGK 3.52 per USD, compared to the end-2021 value of PGK 3.51 per USD and the figure a decade earlier of PGK 2.51 per USD in Papua New Guinea. For more exchange rate information, visit our dedicated page.
Papua New Guinea Exchange Rate Chart
Note: This chart displays Exchange Rate (vs USD) for Papua New Guinea from 2014 to 2023.
Source: Macrobond.
Papua New Guinea Exchange Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Exchange Rate (PGK per USD, eop) | 3.41 | 3.51 | 3.51 | 3.52 | 3.78 |
| Exchange Rate (LCU per USD, aop) | 3.39 | 3.47 | 3.52 | 3.52 | 3.60 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Papua New Guinean exchange rate projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exchange rate forecast available for Papua New Guinean exchange rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Papua New Guinean exchange rate projections.
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