GBP to KPW Exchange Rate - Convert British Pound to North Korean Won

Converting from British Pound (GBP) to North Korean Won (KPW)

What is British Pound (GBP)

The British Pound Sterling, often simply referred to as the Pound (GBP), is the official currency of the United Kingdom and its territories. It is one of the oldest currencies still in use today, with roots dating back to the 8th century. The Pound is symbolized by "£" and is subdivided into 100 pence (singular: penny).

The Pound is known for its stability and is considered a major global currency. It is widely used in international trade and is frequently held as a reserve currency by central banks around the world. The GBP has a significant impact on the global economy, often reflecting the economic conditions of the UK, including factors such as inflation, interest rates, and economic growth. The exchange rate of the Pound compared to other currencies can fluctuate due to various influences, including political events and economic policies.

What is North Korean Won (KPW)

The North Korean Won (KPW) is the official currency of the Democratic People's Republic of Korea (North Korea). The currency is symbolized as "₩" and is divided into 100 chon. The Won was first introduced in 1947, replacing the Korean yen at a rate of 1 Won per 15 yen.

The KPW is not widely used outside of North Korea, primarily due to the country's isolated economy and strict government controls. The North Korean government controls the exchange rate of the Won, creating a significant difference between the official exchange rate and the black market rate. This means that, in practice, the value of the KPW can vary dramatically based on where it is exchanged and the legitimacy of the transaction.

Converting GBP to KPW can be complex due to these differences and fluctuations. To understand the current exchange rate, it’s essential to check valid financial sources or currency conversion tools. The formula for conversion can be represented as:

Amount in KPW = Amount in GBP × Current Exchange Rate (GBP to KPW)

It is crucial to note that individuals seeking to convert their GBP to KPW may face challenges in North Korea, where foreign currency transactions are tightly regulated. In most cases, it is advisable to carry out currency exchanges through authorized channels to avoid legal ramifications.

Overall, understanding the values of GBP and KPW, along with their economic implications, can provide insights into the financial landscape of both the UK and North Korea. Whether for travel, trade, or academic purposes, knowing how to convert between these currencies is a step towards navigating the complexities of international finance.

British Pound to North Korean Won conversion table

GBP to KPW conversion table

British Pound (GBP)North Korean Won (KPW)
1 GBP1 199.52901042911 KPW
2 GBP2 399.05802085823 KPW
3 GBP3 598.58703128734 KPW
4 GBP4 798.11604171646 KPW
5 GBP5 997.64505214557 KPW
6 GBP7 197.17406257469 KPW
7 GBP8 396.7030730038 KPW
8 GBP9 596.23208343292 KPW
9 GBP10 795.76109386203 KPW
10 GBP11 995.29010429115 KPW
100 GBP119 952.90104291146 KPW
200 GBP239 905.80208582293 KPW
300 GBP359 858.70312873439 KPW
400 GBP479 811.60417164586 KPW
500 GBP599 764.50521455732 KPW
600 GBP719 717.40625746879 KPW
700 GBP839 670.30730038025 KPW
800 GBP959 623.20834329172 KPW
900 GBP1 079 576.10938620318 KPW
1 000 GBP1 199 529.01042911465 KPW
2 000 GBP2 399 058.0208582293 KPW
5 000 GBP5 997 645.05214557325 KPW
10 000 GBP11 995 290.1042911465 KPW
20 000 GBP23 990 580.20858229299 KPW
50 000 GBP59 976 450.52145573248 KPW
100 000 GBP119 952 901.04291146495 KPW
Last updated April 28, 2025 at 02:55 PM