Home pages - full list (A-Z)

Foreign Exchange Guide to North Korea

This currency guide to North Korea helps you choose the best way to save money on KPW transfers and travel money.    [USD/KPW=900]

 
North Korea
Country Code:
KP
Domestic Currency:
North Korean Won
Symbol - Code:
₩ KPW
Telephone Prefix:
+850

This is a foreign exchange guide to North Korea, the North Korean Won currency plus sending KPW transfers and travel tips.

In this North Korea currency guide we take a look at :

  1. North Korean Won info - general info about the North Korean Won
  2. North Korean Won in the markets - recent KPW moves and predictions from the FX markets
  3. Travelling in North Korea - currency & money saving tips
  4. Buying North Korean Won cash online - travel money for North Korea
  5. Sending money to North Korea - save on North Korean Won bank transfers to North Korea
  6. North Korean Won exchange rates - latest & historic exchange rates.

North Korean Won (KPW) general currency information


What is the North Korean Won currency code and symbol?

The three letter currency code for the North Korean Won is KPW and the symbol is .


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?


Which countries use the North Korean Won?

It is the domestic currency in North Korea.


North Korean Won (KPW) in the markets

The interactive chart below shows the USD to KPW exchange rate and trend for the previous 3 months:

USD/KPW was steady at the 90 day average 900. There are currently no alerts. Updated: 08:15-AEDT 22:15-BST 17:15-EDT

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.

   

North Korea Trip Checklist    

 
  1. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to North Korea

When searching around for information on how to get a good exchange rate when sending money to North Korea you need to start with finding out the latest North Korean Won foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


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 :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or North Korean Won amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. 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 our Send to KPW 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!

   

Bank Transfers to North Korea

Compare Transfer Rates

 

KPW/USD - North Korean Won to United States Dollar - Historical Rates

PeriodKPW/USDDate
1 Day0.00111120 Oct 2019
7 Day0.00111114 Oct 2019
30 Day0.00111121 Sep 2019
3 Month0.00111123 Jul 2019
1 Year0.00111121 Oct 2018
5 Year0.00111122 Oct 2014
10 Year0.00702023 Oct 2009

KPW/EUR - North Korean Won to Euro - Historical Rates

PeriodKPW/EURDate
1 Day0.00099620 Oct 2019
7 Day0.00100814 Oct 2019
30 Day0.00100821 Sep 2019
3 Month0.00099623 Jul 2019
1 Year0.00096521 Oct 2018
5 Year0.00087922 Oct 2014
10 Year0.00467623 Oct 2009

KPW/GBP - North Korean Won to British Pound Sterling - 10 Year History

PeriodKPW/GBPDate
1 Day0.00086120 Oct 2019
7 Day0.00088114 Oct 2019
30 Day0.00089121 Sep 2019
3 Month0.00089323 Jul 2019
1 Year0.00085021 Oct 2018
5 Year0.00069222 Oct 2014
10 Year0.00429523 Oct 2009

KPW/AUD - North Korean Won to Australian Dollar - Historical Rates

PeriodKPW/AUDDate
1 Day0.00162220 Oct 2019
7 Day0.00164014 Oct 2019
30 Day0.00164121 Sep 2019
3 Month0.00158823 Jul 2019
1 Year0.00156221 Oct 2018
5 Year0.00126722 Oct 2014
10 Year0.00759523 Oct 2009

Country Guides - Full List (A-Z)

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
Y
Z