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USD to KPW - Compare Exchange Rates

United States 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.

 

USD to KPW interbank exchange rate = 900

Right now the USD/KPW interbank exchange rate is 900. 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 United States 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 USD/KPW Converter calculates equivalent United States 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.

USD / KPW converter & margin calculator


$USD
₩KPW
Mid-rates:
 

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Sending USD->KPW we recommend:

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1 Week USD to KPW
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United States Dollar

North Korean Won

1 USD 900.00 KPW
5 USD 4,500.00 KPW
10 USD 9,000.00 KPW
20 USD 18,000.00 KPW
50 USD 45,000.00 KPW
100 USD 90,000.00 KPW
250 USD 225,000.00 KPW
500 USD 450,000.00 KPW
1,000 USD 900,000.00 KPW
2,000 USD 1,800,000.00 KPW
5,000 USD 4,500,000.00 KPW
10,000 USD 9,000,000.00 KPW
50,000 USD 45,000,000.00 KPW
100,000 USD 90,000,000.00 KPW
See more

United States Dollar

North Korean Won

0.0011 USD 1 KPW
0.0056 USD 5 KPW
0.0111 USD 10 KPW
0.0222 USD 20 KPW
0.0556 USD 50 KPW
0.1111 USD 100 KPW
0.2778 USD 250 KPW
0.5555 USD 500 KPW
1.1110 USD 1,000 KPW
2.2220 USD 2,000 KPW
5.5550 USD 5,000 KPW
11.11 USD 10,000 KPW
55.55 USD 50,000 KPW
111.10 USD 100,000 KPW
See more

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

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Apr 2019900.0000Latest
13 Apr 2019900.00001 Week0%
21 Mar 2019900.00001 Month0%
22 Oct 2018900.00006 Months0%
20 Apr 2018900.00001 Year0%
20 Apr 2017900.09002 Years-0.01%
21 Apr 2014900.00005 Years0%
22 Apr 2009142.450710 Years+531.8%

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

The USD/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 USD / 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 USD/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 USD to KPW exchange rate

  1. Know the latest USD/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 United States 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 USD vs KPW, you should pay attention to both United States Dollar and North Korean Won news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

North Korean Won (KPW) - Market news and forecasts

No recent North Korean Won market updates.