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 175.34795329198 KPW
2 GBP2 350.69590658395 KPW
3 GBP3 526.04385987593 KPW
4 GBP4 701.3918131679 KPW
5 GBP5 876.73976645988 KPW
6 GBP7 052.08771975185 KPW
7 GBP8 227.43567304383 KPW
8 GBP9 402.7836263358 KPW
9 GBP10 578.13157962778 KPW
10 GBP11 753.47953291975 KPW
100 GBP117 534.79532919751 KPW
200 GBP235 069.59065839502 KPW
300 GBP352 604.38598759253 KPW
400 GBP470 139.18131679003 KPW
500 GBP587 673.97664598754 KPW
600 GBP705 208.77197518505 KPW
700 GBP822 743.56730438256 KPW
800 GBP940 278.36263358007 KPW
900 GBP1 057 813.15796277758 KPW
1 000 GBP1 175 347.95329197508 KPW
2 000 GBP2 350 695.90658395017 KPW
5 000 GBP5 876 739.76645987542 KPW
10 000 GBP11 753 479.53291975084 KPW
20 000 GBP23 506 959.06583950169 KPW
50 000 GBP58 767 397.66459875422 KPW
100 000 GBP117 534 795.32919750844 KPW
Last updated April 3, 2025 at 07:55 AM