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5000 GYD to PGK - Guyanaese Dollar to Papua New Guinean Kina Exchange Rate

$
GYD - Guyanaese DollarDown Arrow
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PGK - Papua New Guinean KinaDown Arrow
Exchange Rate

GYD 5000 = PGK 95.65

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1 GYD = 0.01913 PGK | 1 PGK = 52.27392 GYD

Last Updated Feb 14, 5:30 IST

GYD 5000 =PGK 95.65

1 GYD = 0.01913 PGK
1 PGK = 52.27392 GYD
Convert
Last Updated Feb 14, 5:30 IST
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Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.

1 GYD to PGK Exchange Rate Last 5 Days
Date
Papua New Guinean Kina Price
Feb 13, 2025
0.019131341711315246
Feb 12, 2025
0.019139241970681658
Feb 11, 2025
0.019193275850053274
Feb 10, 2025
0.019181909346050737
Feb 9, 2025
0.019159201066465945

GYD to PGK Exchange Rate Chart

online1 GYD = 0.01913 PGK

  • 1 Week
  • 1 Month
  • 1 Year
Currency Information
GYD - Guyanaese Dollar
Our currency rankings show that the most popular Guyanaese Dollar exchange rate is the GYD to PGK rate. The currency code for Guyanaese Dollar is GYD. The currency symbol is $.
More Guyanaese Dollar inforight-arrow
PGK - Papua New Guinean Kina
Our currency rankings show that the most popular Papua New Guinean Kina exchange rate is the PGK to GYD rate. The currency code for Papua New Guinean Kina is PGK. The currency symbol is K.
More Papua New Guinean Kina inforight-arrow
1 Guyanaese Dollar to Papua New Guinean Kina stats
Last 30 Days
Last 90 Days
High
0.019
0.019
Low
0.019
0.019
Average
0.019
0.019
Volatility
0.00%
0.00%

How much is 5000 GYD in Papua New Guinean Kina

The exchange value of 5000 GYD in Papua New Guinean Kina is 95.650 PGK as on Feb 14.

How to check the exchange rate of 5000 GYD to PGK with Paytm

You can check the exchange rate of 5000 Guyanaese Dollar to Papua New Guinean Kina by using the Paytm currency exchange rate calculator.

All you need to do to see the exchange 5000 GYD to PGK online is as follows:.

  • Navigate to the Paytm currency calculator page.
  • Enter the amount 5000 in the Amount section and
  • Select the currency GYD - Guyanaese Dollar in the "From" section
  • Select PGK - Papua New Guinean Kina in "To" section
  • Finally, click "Convert" to see the 5000 GYD to PGK conversion amount.

Methods to Convert (GYD) to Papua New Guinean Kina (PGK) Online

There are several online ways to convert GYD to PGK.

1. Online Banks

Most banks in India allow GYD to PGK conversion through their internet banking or mobile apps.

Steps to Convert GYD to PGK via Online Banking:

  1. Log in to your bank account.
  2. Select "Forex Services" or "Currency Exchange."
  3. Enter the GYD amount you want to convert.
  4. Check the exchange rate.
  5. Confirm and complete the transaction.

Pros:

  • Safe and secure.
  • Money gets credited directly to your account.
  • No hidden fees.

Cons:

  • Banks may offer lower exchange rates.
  • The process can take a few hours to a few days.

2. International Money Transfer Apps

Apps like Wise, PayPal, and Western Union allow GYD to PGK conversion quickly.

Steps to Convert GYD to PGK via international money transfer apps:

  1. Create an account in any app and log in.
  2. Enter the GYD amount you want to convert.
  3. Choose PGK as the receiving currency.
  4. Add the recipient‘s Indian bank details.
  5. Check the exchange rate and fees.
  6. Confirm and transfer.

Pros:

  • Better exchange rates than banks.
  • Fast transfers (few minutes to hours).
  • Small and transparent fees.

Cons:

  • Requires verification for large amounts.

3. Forex Cards

A Forex card is a prepaid card that holds multiple currencies, including GYD.

Steps to Convert GYD to PGK via Forex Card:

  1. Get a Forex card from a bank or travel agency.
  2. Load it with GYD before traveling.
  3. Use it at ATMs in India to withdraw PGK.
  4. The card automatically converts GYD to PGK at the time of withdrawal.

Pros:

  • Safer than carrying cash.
  • Good exchange rates.
  • Can be used multiple times.

Cons:

  • Some banks charge ATM withdrawal fees.
  • Limited to international travelers.

4. Cryptocurrency Exchanges

Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.

Steps to Convert GYD to PGK via Crypto:

  1. Buy Bitcoin (BTC) with GYD on a crypto exchange.
  2. Transfer the BTC to an Indian exchange.
  3. Sell it for PGK.
  4. Withdraw PGK to your bank account.

Pros:

  • Fast transactions.
  • Good for high amounts.
  • Some platforms offer zero fees.

Cons:

  • Cryptocurrency prices fluctuate.
  • May not be legal in all countries.

Places to Convert GYD to PGK Offline

There are several offline methods to exchange GYD to PGK. Let‘s explore them.

1. Banks

Banks offer currency exchange services at competitive rates. You need to visit a branch with your GYD cash and exchange it for PGK.

Steps to Exchange GYD to PGK at a Bank:

  1. Visit a bank branch that offers forex services.
  2. Carry your passport, visa, and ID proof (for foreigners).
  3. Fill out the currency exchange form.
  4. Hand over the GYD cash.
  5. Receive PGK in cash or your bank account.

Pros:

  • Safe and reliable.
  • Better exchange rates than airports.
  • Direct deposit option available.

Cons:

  • Limited working hours.
  • Requires documents for verification.

2. Currency Exchange Centers

Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline GYD to PGK conversion.

Steps to Exchange GYD to PGK at an Exchange Center:

  1. Visit a licensed money exchange center.
  2. Show your passport and ID proof.
  3. Provide the GYD cash for exchange.
  4. Receive PGK at the given exchange rate.

Pros:

  • Quick and easy.
  • Available in major cities and tourist areas.
  • Competitive exchange rates.

Cons:

  • Some centers charge extra service fees.
  • Not available in remote areas.

3. Airport Currency Exchange Counters

Airports have forex counters where travelers can exchange GYD to PGK.

Steps to Exchange GYD to PGK at an Airport:

  1. Locate the currency exchange counter at the airport.
  2. Show your passport and travel documents.
  3. Hand over GYD and receive PGK instantly.

Pros:

  • Convenient for travelers.
  • Open 24/7 in major airports.

Cons:

  • Higher exchange rates compared to banks.
  • Extra service fees.

4. Hotels and Travel Agencies

Some hotels and travel agencies offer currency exchange services for guests.

Steps to Exchange GYD to PGK at a Hotel or Travel Agency:

  1. Check if your hotel or travel agency provides forex services.
  2. Provide your passport and GYD cash.
  3. Receive PGK based on their exchange rate.

Pros:

  • Very convenient for travelers.
  • No need to visit a bank or forex center.

Cons:

  • Higher exchange rates.
  • Limited availability.

5. Local Money Changers

In busy markets and tourist spots, you may find local money changers who exchange GYD for PGK

Steps to Exchange GYD to PGK at a Local Money Changer:

  1. Find a trusted local money changer.
  2. Negotiate the exchange rate if possible.
  3. Provide GYD and receive PGK.

Pros:

  • Quick and easy.
  • Sometimes better rates than banks.

Cons:

  • Risk of fraud or counterfeit PGK.
  • No official receipt or record.

Documents Required for GYD to PGK Exchange

Most offline exchanges require identity proof. Here are the common documents needed:

Document TypeRequired For
PassportAll exchanges (mandatory for foreigners)

Always carry a valid ID when exchanging currency.

Tips to Get the Best Exchange Rate for converting GYD to PGK

  1. Compare Rates: Use online comparison tools to check the best GYD to PGK rates before converting.
  2. Avoid Weekends: Exchange rates are higher on weekends due to market closure.
  3. Use Low-Fee Platforms: Choose platforms like Wise or Forex cards to reduce extra charges.
  4. Avoid Airport Exchanges: Airport forex counters have the worst exchange rates.
  5. Convert Larger Amounts: Some platforms offer better rates for higher amounts.
  6. Negotiate: At local money changers, you may get a better rate if you negotiate.
  7. Check for Hidden Fees: Ask about service charges before exchanging.
  8. Verify the Notes: Always count your PGK and check for fake currency.
  9. Use Official Channels: Avoid unlicensed money changers to prevent scams.

Fees and Charges for converting GYD to PGK

MethodExchange RateTransfer FeeAvailabilitySpeed
Bank TransferLowLowLimited hours1-3 days
Any Third Party AppHighLow24/7Instant/Few minutes
Forex CardMediumLow24/7Instant
Crypto ExchangeHighLow24/7Few minutes
Exchange CentersGoodMediumWidely availableFew minutes
Airport CountersHighHigh24/7 at airportsFew minutes
Hotels/AgenciesVery HighMediumOnly for guestsFew minutes
Local Money ChangersVariesLowRisky but quickFew minutes

Benefits of GYD to PGK Conversion

Converting Guyanaese Dollar (GYD) to Papua New Guinean Kina (PGK) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:

1. Favorable Exchange Rates

GYD is a strong and widely traded currency. If the exchange rate is favorable, converting GYD to PGK can give you more value for your money.

2. Higher Purchasing Power in Papua New Guinea

Since 1 GYD equals a significantly higher amount in PGK, converting GYD to PGK increases your purchasing power, allowing you to afford more goods and services in Papua New Guinea.

3. Supports Travel and Expenses in Papua New Guinea

If you‘re an NRI, tourist, or returning from the Guyana, converting GYD to PGK ensures you have local currency for daily expenses, shopping, and travel within Papua New Guinea.

4. Investment Opportunities

Converting GYD to PGK can help you invest in Papua New Guinea assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Guyana markets.

5. Savings on Transaction Fees

Using a direct GYD to PGK conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.

6. Business and Trade Advantages

For businesses involved in international trade, converting GYD to PGK at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.

By choosing the right conversion method and timing, you can maximize the benefits of GYD to PGK exchange.

Frequently Asked Questions

FAQs

Can I convert GYD to PGK without a bank account?
Yes, you can use forex cards, international wallets, or cash exchanges.
How long does it take to convert GYD to PGK online?
It depends on the method: • Bank Transfers: 1-3 days • Wise & PayPal: A few minutes to hours • Crypto: A few minutes • Forex Cards: Instant at ATMs
Is it safe to convert GYD to PGK online?
Yes, but use trusted platforms like banks, Wise, or PayPal. Avoid unknown websites to prevent fraud.
Are there any hidden charges?
Always check for: • Transfer fees • Conversion charges • GST or other taxes • Bank charges (for wire transfers)
Can I exchange GYD to PGK without a passport?
Most licensed exchanges require a passport, especially for large amounts. Small amounts may be exchanged with an Aadhaar or PAN card.
How much GYD can I exchange at a time?
There is no strict limit, but heavy transactions may require extra documentation and approval from respective authorities.
Is it safe to exchange money at local money changers?
It can be risky. Always choose a trusted and licensed money changer to avoid scams.
Do banks offer the best exchange rates?
Banks usually offer better rates than airports and hotels, but money exchange centers might have even better deals.
What should I do if I receive fake PGK notes?
If you suspect fake notes, inform the exchange center immediately and report it to the local police if necessary.
What is the 5000 Guyanaese Dollar (GYD) worth against the Papua New Guinean Kina?
5000 GYD is worth 95.650 Papua New Guinean Kina today
What is the 25 Guyanaese Dollar (GYD) worth against the Papua New Guinean Kina?
25 GYD is worth 0.478 Papua New Guinean Kina today
What is the 1 Guyanaese Dollar (GYD) worth against the Haitian Gourde?
1 GYD is worth 0.6254567190417075 HTG today
What is the strongest currency in the world right now?
Despite being the most traded and powerful currency in the world, the US dollar may not be the most expensive. On the other hand, Kuwait's strong economy has made the Kuwaiti dinar (KWD) the world's most valuable currency. 1 KWD = $3.26.
What is the top 10 highest currency in the world?
Kuwaiti Dinar, Bahraini Dinar, Omani Rial, Jordanian Dinar, British Pound Sterling, Cayman Islands Dollar, European Euro, Swiss Franc, US Dollar, and Canadian Dollar are the top ten most valuable currencies in the world.
Which is the lowest currency in the world?
The Iranian Rial is the world's most affordable currency.

Source of the rates:apilayer.com

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