Average FX rate to USD rose 2.00% to 3.59 per USD in Papua New Guinea in 2023, according to the National Statistical Office.
Historically, Average FX rate to USD in Papua New Guinea reached an all time high of 3.90 per USD in 2002 and an all time low of 0.671 per USD in 1980. When compared to Papua New Guinea's main peers, Average FX rate to USD in Australia amounted to 1.51 per USD, 15,237 per USD in Indonesia, 1.63 per USD in New Zealand and 55.6 per USD in Philippines in 2023.
Papua New Guinea has been ranked 113th within the group of 143 countries we follow in terms of Average FX rate to USD, 10 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Australia | per USD | 1.30 | 1.34 | 1.44 | 1.45 | 1.33 | ||||||||||||||||
| China | per USD | 6.76 | 6.62 | 6.91 | 6.90 | 6.45 | ||||||||||||||||
| Indonesia | per USD | 13,381 | 14,237 | 14,148 | 14,582 | 14,308 | ||||||||||||||||
| Malaysia | per USD | 4.30 | 4.04 | 4.14 | 4.20 | 4.14 | ||||||||||||||||
| New Zealand | per USD | 1.41 | 1.45 | 1.52 | 1.54 | 1.41 | ||||||||||||||||
| Papua New Guinea | per USD | 3.19 | 3.29 | 3.39 | 3.46 | 3.51 | ||||||||||||||||
| Philippines | per USD | 50.4 | 52.7 | 51.8 | 49.6 | 49.3 | ||||||||||||||||
| Singapore | per USD | 1.38 | 1.35 | 1.36 | 1.38 | 1.34 | ||||||||||||||||
| Taiwan | per USD | 30.4 | 30.2 | 30.9 | 29.6 | 28.0 | ||||||||||||||||
| Vietnam | per USD | 22,370 | 22,602 | 23,050 | 23,208 | 23,160 |
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