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Foreign Exchange Guide to North Korea

Read this currency guide to North Korea with money transfer and travel tips.   [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 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 will not be able to purchase the currency (KPW) before departure and will need to buy it upon arrival. 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 for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


USD-KPW 3 Month chart
Loading USD/KPW Chart
USDKPW currency converter

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 will not be able 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

 

Popular KPW cross rates


KPW/USD - North Korean Won to United States Dollar - 10 Year History

DateExchange RatePeriod
09 Dec 20180.0011111 Week
16 Nov 20180.0011111 Month
19 Jun 20180.0011116 Months
16 Dec 20170.0011111 Year
16 Dec 20160.0011112 Years
17 Dec 20130.0011115 Years
18 Dec 20080.00700510 Years

KPW/EUR - North Korean Won to Euro - 10 Year History

DateExchange RatePeriod
09 Dec 20180.0009751 Week
16 Nov 20180.0009731 Month
19 Jun 20180.0009596 Months
16 Dec 20170.0009451 Year
16 Dec 20160.0010652 Years
17 Dec 20130.0008075 Years
18 Dec 20080.00488510 Years

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

DateExchange RatePeriod
09 Dec 20180.0008741 Week
16 Nov 20180.0008651 Month
19 Jun 20180.0008436 Months
16 Dec 20170.0008341 Year
16 Dec 20160.0008912 Years
17 Dec 20130.0006835 Years
18 Dec 20080.00461610 Years

KPW/JPY - North Korean Won to Japanese Yen - 10 Year History

DateExchange RatePeriod
09 Dec 20180.12501 Week
16 Nov 20180.12541 Month
19 Jun 20180.12236 Months
16 Dec 20170.12511 Year
16 Dec 20160.13112 Years
17 Dec 20130.11415 Years
18 Dec 20080.624410 Years

KPW/AUD - North Korean Won to Australian Dollar - 10 Year History

DateExchange RatePeriod
09 Dec 20180.0015471 Week
16 Nov 20180.0015151 Month
19 Jun 20180.0015046 Months
16 Dec 20170.0014531 Year
16 Dec 20160.0015202 Years
17 Dec 20130.0012485 Years
18 Dec 20080.010110 Years

KPW/CAD - North Korean Won to Canadian Dollar - 10 Year History

DateExchange RatePeriod
09 Dec 20180.0014811 Week
16 Nov 20180.0014611 Month
19 Jun 20180.0014756 Months
16 Dec 20170.0014301 Year
16 Dec 20160.0014832 Years
17 Dec 20130.0011785 Years
18 Dec 20080.00837910 Years

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