KPW News, Forecasts and Trends
US Dollar to North Korean Won - Historical Rates
| USD/KPW | Change | Period |
|---|
| 900.00 17 Feb 2021 | no change | 1 Week |
| 900.00 25 Jan 2021 | no change | 30 Days |
| 900.00 26 Nov 2020 | no change | 90 Days |
| 900.00 25 Feb 2020 | no change | 1 Year |
| 899.91 26 Feb 2016 | 0% ▲ | 5 Years |
| 143.11 27 Feb 2011 | 528.9% ▲ | 10 Years |
USD/KPW 10 year historic rates & change to 24-Feb-2021 : 900.00
$10,000 USD
=
₩9,000,000 KPW
Converted at USD/KPW interbank rate,
compare
Send Money
and
Currency Exchange
exchange rates.
US Dollar to North Korean Won - Quick Convert
|
USD |
KPW |
| $ 1 |
₩ 900.00 |
| $ 5 |
₩ 4,500 |
| $ 10 |
₩ 9,000 |
| $ 20 |
₩ 18,000 |
| $ 50 |
₩ 45,000 |
| $ 100 |
₩ 90,000 |
| $ 250 |
₩ 225,000 |
| $ 500 |
₩ 450,000 |
| $ 1,000 |
₩ 900,000 |
| $ 2,000 |
₩ 1,800,000 |
| $ 5,000 |
₩ 4,500,000 |
| $ 10,000 |
₩ 9,000,000 |
| $ 50,000 |
₩ 45,000,000 |
| $ 100,000 |
₩ 90,000,000 |
| More amounts |
Frequently Asked Questions
What currency should I use in North Korea?
The domestic currency in North Korea is the North Korean Won.
What is the North Korean Won currency code and symbol?
The three letter currency code for the North Korean Won is KPW — symbol is ₩.
Which countries use the North Korean Won?
It is the domestic currency in
North Korea.
Is the North Korean Won a closed currency?
Yes the North Korean Won is a closed currency. Which means that you may find it difficult to purchase the currency (KPW) before
departure and will probably need to buy it upon arrival. If you do manage to buy some of the currency or have some left over from a previous trip, make sure you
are aware if you are allowed to bring this closed currency into the country.
For more information and a full list of closed currencies please refer to our guide: What is a closed currency?
Travel, Currency and Money saving tips for North Korea
Travel money for North Korea
As mentioned above, the North Korean Won is a closed currency. Which means that you may find it difficult (or be permitted) to purchase the currency (KPW) before
departure and will need to buy it upon arrival in North Korea.
For these types of destinations, using a pre-paid travel card is a good solution. As no travel cards support loading closed currencies like the KPW you will incur currency
conversion or foreign transaction fees if you use a travel money card in North Korea.
However, using a pre-paid travel card is still a good idea as you can avoid ATM fees and also you can avoid using (and losing!) your main bank or debit/credit card.
Send Money to North Korea - Best Rates
To get a good (and fair) exchange rate when sending money to North Korea you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to North Korea
When sending money to North Korea it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers.
To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or North Korean Won amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted KPW amount will be transfered to the recipient account you specify in North Korea.
Use the above Send to North Korean Won calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more -
end result is more North Korean Won deposited into the recipient bank account and less margins and fees kept by the banks!