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 162.74036354692 KPW
2 GBP2 325.48072709383 KPW
3 GBP3 488.22109064075 KPW
4 GBP4 650.96145418766 KPW
5 GBP5 813.70181773458 KPW
6 GBP6 976.44218128149 KPW
7 GBP8 139.18254482841 KPW
8 GBP9 301.92290837532 KPW
9 GBP10 464.66327192224 KPW
10 GBP11 627.40363546915 KPW
100 GBP116 274.03635469153 KPW
200 GBP232 548.07270938306 KPW
300 GBP348 822.1090640746 KPW
400 GBP465 096.14541876613 KPW
500 GBP581 370.18177345766 KPW
600 GBP697 644.21812814919 KPW
700 GBP813 918.25448284072 KPW
800 GBP930 192.29083753225 KPW
900 GBP1 046 466.32719222379 KPW
1 000 GBP1 162 740.36354691532 KPW
2 000 GBP2 325 480.72709383064 KPW
5 000 GBP5 813 701.81773457659 KPW
10 000 GBP11 627 403.63546915318 KPW
20 000 GBP23 254 807.27093830635 KPW
50 000 GBP58 137 018.17734576588 KPW
100 000 GBP116 274 036.35469153176 KPW
Last updated April 2, 2025 at 10:55 AM