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 182.08607222675 KPW
2 GBP2 364.1721444535 KPW
3 GBP3 546.25821668024 KPW
4 GBP4 728.34428890699 KPW
5 GBP5 910.43036113374 KPW
6 GBP7 092.51643336049 KPW
7 GBP8 274.60250558724 KPW
8 GBP9 456.68857781398 KPW
9 GBP10 638.77465004073 KPW
10 GBP11 820.86072226748 KPW
100 GBP118 208.60722267479 KPW
200 GBP236 417.21444534957 KPW
300 GBP354 625.82166802436 KPW
400 GBP472 834.42889069914 KPW
500 GBP591 043.03611337393 KPW
600 GBP709 251.64333604872 KPW
700 GBP827 460.2505587235 KPW
800 GBP945 668.85778139829 KPW
900 GBP1 063 877.46500407307 KPW
1 000 GBP1 182 086.07222674786 KPW
2 000 GBP2 364 172.14445349572 KPW
5 000 GBP5 910 430.3611337393 KPW
10 000 GBP11 820 860.7222674786 KPW
20 000 GBP23 641 721.4445349572 KPW
50 000 GBP59 104 303.61133739301 KPW
100 000 GBP118 208 607.22267478601 KPW
Last updated April 3, 2025 at 11:55 PM