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AUD to KPW - Compare Exchange Rates

Australian Dollar to North Korean Won - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to KPW interbank exchange rate = 635.626

Right now the AUD/KPW interbank exchange rate is 635.626. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert North Korean Won to Australian Dollar.

Looking for KPW travel money? Then it is important to note that the North Korean Won is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

This AUD/KPW Converter calculates equivalent Australian Dollar to North Korean Won amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / KPW converter & margin calculator


$AUD
₩KPW
Mid-rates:
 
Sending AUD->KPW we recommend:

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1 Week AUD to KPW
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Australian Dollar

North Korean Won

1 AUD 635.63 KPW
5 AUD 3,178.13 KPW
10 AUD 6,356.26 KPW
20 AUD 12,712.52 KPW
50 AUD 31,781.30 KPW
100 AUD 63,562.60 KPW
250 AUD 158,906.50 KPW
500 AUD 317,813.00 KPW
1,000 AUD 635,626.00 KPW
2,000 AUD 1,271,252.00 KPW
5,000 AUD 3,178,130.00 KPW
10,000 AUD 6,356,260.00 KPW
50,000 AUD 31,781,300.00 KPW
100,000 AUD 63,562,600.00 KPW
See more

Australian Dollar

North Korean Won

0.0016 AUD 1 KPW
0.0079 AUD 5 KPW
0.0157 AUD 10 KPW
0.0315 AUD 20 KPW
0.0787 AUD 50 KPW
0.1573 AUD 100 KPW
0.3933 AUD 250 KPW
0.7865 AUD 500 KPW
1.5730 AUD 1,000 KPW
3.1460 AUD 2,000 KPW
7.8650 AUD 5,000 KPW
15.73 AUD 10,000 KPW
78.65 AUD 50,000 KPW
157.30 AUD 100,000 KPW
See more

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

The below table shows the historic variation in the AUD/KPW exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Mar 2019639.2402Latest
12 Mar 2019635.64461 Week+0.57%
17 Feb 2019642.95451 Month-0.58%
20 Sep 2018655.72616 Months-2.51%
19 Mar 2018693.62241 Year-7.84%
19 Mar 2017693.68592 Years-7.85%
20 Mar 2014813.35935 Years-21.41%
21 Mar 200998.075410 Years+551.78%

Why can't I just get the AUD/KPW market rate I see on Google or in the Media?

The AUD/KPW mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / KPW was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/KPW midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to KPW exchange rate

  1. Know the latest AUD/KPW market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and North Korean Won

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs KPW, you should pay attention to both Australian Dollar and North Korean Won news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

North Korean Won (KPW) - Market news and forecasts

No recent North Korean Won market updates.

Currency News and Forecasts - Australian Dollar

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