Where to exchange money in Port Moresby
If you’re planning a trip to Port Moresby, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Port Moresby. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Port Moresby
If you’re planning a trip to Port Moresby, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Port Moresby. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Port Moresby
If you have a need to use cash, here are some recommendations to exchange foreign currency in Port Moresby.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| Western Union | Cnr Spring Garden Road And, Waigani Dr, Port Moresby National Capital District, Papua New Guinea | +675 325 9166 |
| Western Union | Post Office, Port Moresby National Capital District, Papua New Guinea | +675 305 3871 |
| Moni Plus | G5VQ+WJ6, Waigani Dr, Port Moresby National Capital District, Papua New Guinea | +675 323 3396 |
| Western Union | Vision City Post Office Vision City, Port Moresby National Capital District, Papua New Guinea | +675 305 3866 |
| Western Union | Post Office, Port Moresby National Capital District, Papua New Guinea | +675 325 3603 |
| National Finance Limited | Section 37 National Capital District PG, Allotment 12 Kunai St, Port Moresby 121 National Capital District, Papua New Guinea | +675 7411 1045 |
| Moni Plus Town Branch | Opposite Crown Plaza, NCD, Hunter St, Port Moresby 121 National Capital District, Papua New Guinea | +675 313 2800 |
| Vision City Mega Mall | Lot 7, 8 & 9, Section 429, 131 National Capital District, Waigani Dr, Port Moresby National Capital District, Papua New Guinea | +675 302 8555 |
| Kina Bank Limited | H54J+6WW, Port Moresby National Capital District, Papua New Guinea | +675 308 3800 |
| Bank of Papua New Guinea | G4CX+96P, Cuthbertson St, Port Moresby National Capital District, Papua New Guinea | +675 322 7200 |
| Howarig Traders | Monian Haus, Level 2 Suite 3, NCD, Port Moresby 675 National Capital District, Papua New Guinea | +675 7144 6317 |
| NCSL Savings & Loan | G5P4+45C Level 2, BSP HAUS, Port Moresby National Capital District, Papua New Guinea | +675 313 2000 |
| Peopleconnexion PNG: Recruitment, Payroll & Training | Level 5, Monian Tower, Douglas St, Port Moresby National Capital District, Papua New Guinea | +675 320 2185 |
| Kwik Moni Limited | Gordons Market, Geauta Dr, Port Moresby National Capital District, Papua New Guinea | +675 7339 3300 |
| Asian Development Bank (ADB) - Papua New Guinea Resident Mission (PNRM) | Level 2 – Burns Philip Haus, Corner of Musgrave Street & Champion Parade Port Moresby, National Capital District, Port Moresby National Capital District, Papua New Guinea | +675 321 0400 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Papua New Guinean kina rate today
First off, in case you’re wondering something along the lines of “does Papua New Guinea use Papua New Guinean kina?”, the answer is yes. The currency in Port Moresby — and the rest of Papua New Guinea— is Papua New Guinean kina
You can also find it written as PGK in currency exchange shops.
What you should know about exchanging money in Port Moresby
Before exchanging money in Port Moresby or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in Papua New Guinea for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in Papua New Guinea banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Papua New Guinean kinas for a fairer rate and avoid undisclosed exchange rates and additional fees.
Say goodbye to overcomplicated currency exchange
Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Port Moresby. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.