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| Country Guide > Australia and South Pacific > Papua New Guinea |
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Money Currency Kina (Kina) = 100 toea. Notes are in denominations of Kina50, 20, 10, 5 and 2. Coins are in denominations of Kina1, and 50, 20, 10, 5, 2 and 1 toea. Currency exchange Exchange facilities are available through trade banks. Credit cards American Express is the most widely accepted credit card. Holders of this and other cards should check with their credit or debit card company for details of merchant acceptability and other services which may be available. Travellers cheques Accepted by most shops and hotels. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars, Pounds Sterling or Australian Dollars. Exchange rate indicators The following figures are included as a guide to the movements of the Kina against Sterling and the US Dollar:
Currency restrictions There are no restrictions on the import of local or foreign currency. The export of local currency is restricted to Kina200 and of foreign currency to Kina 10,000; if more, approval is required from the Bank of Papua New Guinea. Banking hours Mon-Thurs 0845-1500, Fri 0845-1600. |