North Korea - North Korean Won - Currency Guide

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

 
 
CountryNorth Korea
FlagNorth Korea
Country CodeKP
Domestic Currency North Korean Won
Currency Symbol
Currency CodeKPW
Exchange RateUSD/KPW = 900
Telephone Prefix+850

Quick Conversions from US Dollar to North Korean Won

USD

KPW

U$ 1
₩ 900.00
U$ 5
₩ 4,500
U$ 10
₩ 9,000
U$ 20
₩ 18,000
U$ 50
₩ 45,000
U$ 100
₩ 90,000
U$ 250
₩ 225,000
U$ 500
₩ 450,000
U$ 1,000
₩ 900,000
U$ 2,000
₩ 1,800,000
U$ 5,000
₩ 4,500,000
U$ 10,000
₩ 9,000,000
U$ 50,000
₩ 45,000,000
U$ 100,000
₩ 90,000,000
More amounts

USD

KPW

U$ 0.0011
₩ 1
U$ 0.0056
₩ 5
U$ 0.0111
₩ 10
U$ 0.0222
₩ 20
U$ 0.0556
₩ 50
U$ 0.1111
₩ 100
U$ 0.2778
₩ 250
U$ 0.5555
₩ 500
U$ 1.1110
₩ 1,000
U$ 2.2220
₩ 2,000
U$ 5.5550
₩ 5,000
U$ 11.11
₩ 10,000
U$ 55.55
₩ 50,000
U$ 111.10
₩ 100,000
More amounts

To calculate specific USD/KPW amounts use our Convert USD to KPW quick calculator.

North Korea Currency Info


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 .

How much is U$100 US Dollars in North Korean Won?

U$ 100 converts to ₩ 90,000

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?


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 to KPW was steady at the 90-day average 900. There are no current rate alerts.
21-Feb 5PM-NY 10PM-LON | 22-Feb 9AM-SYD

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 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!

 

Bank Transfers to North Korea

Compare Transfer Rates

North Korean Won to US Dollar - Historical Rates

PeriodKPW/USDDate
1 Day0.00111116 Feb 2020
7 Day0.00111110 Feb 2020
30 Day0.00111118 Jan 2020
3 Month0.00111119 Nov 2019
1 Year0.00111117 Feb 2019
5 Year0.00111118 Feb 2015
10 Year0.00698819 Feb 2010

North Korean Won to Euro - Historical Rates

PeriodKPW/EURDate
1 Day0.00102516 Feb 2020
7 Day0.00101810 Feb 2020
30 Day0.00100218 Jan 2020
3 Month0.00100319 Nov 2019
1 Year0.00098417 Feb 2019
5 Year0.00097418 Feb 2015
10 Year0.00515219 Feb 2010

North Korean Won to Pound Sterling - 10 Year History

PeriodKPW/GBPDate
1 Day0.00085116 Feb 2020
7 Day0.00086010 Feb 2020
30 Day0.00085418 Jan 2020
3 Month0.00085919 Nov 2019
1 Year0.00086117 Feb 2019
5 Year0.00072018 Feb 2015
10 Year0.00452919 Feb 2010

North Korean Won to Australian Dollar - Historical Rates

PeriodKPW/AUDDate
1 Day0.00165216 Feb 2020
7 Day0.00166110 Feb 2020
30 Day0.00161618 Jan 2020
3 Month0.00162819 Nov 2019
1 Year0.00155517 Feb 2019
5 Year0.00142218 Feb 2015
10 Year0.00780919 Feb 2010

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