Does anybody have any PNG money they would like to swap ?

[castaway01]

Cruzin to PNG and was wondering if anybody would have any PNG money they would like to swap ?, mainly looking for coins to give to the school kids, but notes are ok to.

Dont really want to purchase hundreds of dollars through the banks, as this is a one time trip.

 

Can do paypal for postage etc.

Thanks

[By The Bay]

I obtained my Kina when we called into Alotau, which is usually the first port of call. There is a bank near the wharf. You can also help out the locals by exchanging their Aussie $, that passengers used to pay for souvenirs, to Kina. I didn't bring back any Kina.

[castaway01]

I obtained my Kina when we called into Alotau, which is usually the first port of call. There is a bank near the wharf. You can also help out the locals by exchanging their Aussie $, that passengers used to pay for souvenirs, to Kina. I didn't bring back any Kina.

 

 

Good tip thanks

[castaway01]

BTW, only plastic notes are legal tender now, all the paper notes have been with drawn, according to the PNG bank, I have some paper notes but they are worthless.

[By The Bay]

The bank in Alotau might exchange them for new ones.

[castaway01]

I sent a email to the PNG bank about swapping, waiting for their answer but the cut off was extended to 2016 but you never know

[Gwendy]

Cruzin to PNG and was wondering if anybody would have any PNG money they would like to swap ?, mainly looking for coins to give to the school kids, but notes are ok to.

 

Dont really want to purchase hundreds of dollars through the banks, as this is a one time trip.

 

 

 

Can do paypal for postage etc.

 

Thanks

 

 

 

I bought Kina from the currency exchange in shopping centre. Could buy as little as $50 or less, no issues.

 

 

Sent from my iPad using Forums

[castaway01]

I bought Kina from the currency exchange in shopping centre. Could buy as little as $50 or less, no issues.

 

 

Sent from my iPad using Forums

 

Hi thats interesting do you remember the name there is one nearby at a shopping centre will check them out

the PNG bank got back to me and confirmed all paper notes are now worthless.

[Bpos]

Don"t they take sea shells any more? I think I paid my father in law in Port Moresby about 100 cowrie shell for his daughter in the mid 1960's, considered a bargain price at the time although my wife continues to label me a cheapskate!

[castaway01]

Got a $100 Kina note from local shopping centre , cost AUS $53.00, that will be enough to give to the school kids, asked about the the buy back price, 100 Kina  was only AUS $33.00, not a bad profit for them, but I will give it all to the kids.

[By The Bay]

That is some profit margin.

[MicCanberra]

Not unusual for a discrepancy between buying and selling rates but that is a very large one.

[castaway01]

Bought another 100 Kina today, gee things change quick, cost me $50.35.

 

Buy back $31.35, still a big margin

[By The Bay]

Thanks for the update. We are going in February. Might look at getting some Kina tomorrow.

[castaway01]

10 hours ago, By The Bay said:

Thanks for the update. We are going in February. Might look at getting some Kina tomorrow.

 

If you are going this is going to read   https://www.5losttogether.com/papua-new-guinea-cruise-tips-ports/

[By The Bay]

Thanks for the link. Very good information.

[Bescotti]

15 hours ago, castaway01 said:

 

If you are going this is going to read   https://www.5losttogether.com/papua-new-guinea-cruise-tips-ports/

 

Thanks for the link - very helpful as I leave in 2 weeks for a FNQ and PNG cruise with HAL.

[castaway01]

Ended up getting to the Bank in Alotau, once we got past the security guards and high metal fences and locked and guarded doors, changed my 200 Kina for smaller notes, Missus changed Aussie dollars and got a great exchange rate.

I ended up giving away all my Kina to the school kids and a few pests on the beaches that stalk the cruise passengers .

Local money exchangers came on board but the line was so long we went to the Bank.

And PNG Customs made us fill out a declaration on all the things we were giving to the school kids like pens and pencils and the exact number of each, jeez.

Edited December 11, 2018 by castaway01

[MicCanberra]

What a drama, I was not sure I was going to bother getting any Kina prior to arrival, may have to rethink it.

[Aus Traveller]

2 hours ago, MicCanberra said:

What a drama, I was not sure I was going to bother getting any Kina prior to arrival, may have to rethink it.

We haven't bothered to get Kina on the cruises we have done to PNG. We didn't expect to buy anything, but when we did buy some wood carvings, we paid in AUD.

[MicCanberra]

17 minutes ago, Aus Traveller said:

We haven't bothered to get Kina on the cruises we have done to PNG. We didn't expect to buy anything, but when we did buy some wood carvings, we paid in AUD.

Cheers.

[Bpos]

On ‎10‎/‎7‎/‎2018 at 7:29 AM, castaway01 said:

BTW, only plastic notes are legal tender now, all the paper notes have been with drawn, according to the PNG bank, I have some paper notes but they are worthless.

 

Does this mean my cowrie shells, which I have saved since 1967 are worthless too?

Edited December 12, 2018 by Bpos

[castaway01]

If you are going to pay in Aussie dollars take SMALL notes, one bloke was trying to exchange a $50 note for Kina.

 

The 2 small  islands that most of the cruise ships visit  are Kitava and Kiriwina they seem much more remote and have more trouble changing Aussie dollars to Kina.

The Conflict Islands insist you use their token system to buy anything , and they set their own exchange rate and they DONT buy back their tokens you gotta spend it all

 

And P&O do not buy back Kina

Edited December 12, 2018 by castaway01

[MicCanberra]

7 hours ago, Bpos said:

 

Does this mean my cowrie shells, which I have saved since 1967 are worthless too?

Yes, but the conch is still worth what it was back then.

[MicCanberra]

23 minutes ago, castaway01 said:

If you are going to pay in Aussie dollars take SMALL notes, one bloke was trying to exchange a $50 note for Kina.

 

The 2 small  islands that most of the cruise ships visit  are Kitava and Kiriwina they seem much more remote and have more trouble changing Aussie dollars to Kina.

The Conflict Islands insist you use their token system to buy anything , and they set their own exchange rate and they DONT buy back their tokens you gotta spend it all

Sounds like a token effort to make money.