KRW to KPW Exchange Rate - Convert South Korean Won to North Korean Won

Converting from South Korean Won (KRW) to North Korean Won (KPW)

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea. It is often denoted by the symbol "₩." The won is subdivided into 100 jeon, though the jeon is rarely used in everyday transactions. The currency is issued and regulated by the Bank of Korea, which ensures its stability and value.

The exchange rate of the South Korean Won is determined by various factors, including economic indicators, interest rates, and market demand. As a major currency in East Asia, the KRW plays a vital role in international trade and finance.

In terms of value, the KRW has seen fluctuations over the years, influenced by both domestic and global economic conditions. It is essential for businesses and travelers to keep an eye on the KRW’s exchange rate, especially when planning to exchange it for other currencies like the North Korean Won.

What is North Korean Won (KPW)

The North Korean Won (KPW) is the official currency of North Korea, symbolized as "₩" as well, but it is distinct from its South Korean counterpart. The KPW is managed by the Central Bank of the Democratic People's Republic of Korea. Similar to the KRW, the KPW is subdivided into 100 chon, although, like the jeon in South Korea, chon are not commonly used today.

The economic situation in North Korea is notably different from that in South Korea. The North Korean economy operates under a command structure, and the KPW is often subject to strict government controls and regulations. The exchange rate for the KPW is not freely floating in the international market and is typically set by the government, leading to notable discrepancies compared to the KRW.

In recent years, efforts have been made to stabilize the KPW, but it often remains undervalued against more stable currencies. For this reason, converting KRW to KPW can pose challenges. The exchange may not always reflect true market values due to the isolated nature of North Korea’s economy.

In summary, converting from South Korean Won (KRW) to North Korean Won (KPW) involves understanding not only the currencies themselves but also the broader economic contexts in which they operate. The lack of transparent market exchanges makes it difficult for individuals and businesses to determine accurate conversion rates. Those interested in making such conversions should exercise caution and stay informed about the ever-changing economic climates of both Koreas.

South Korean Won to North Korean Won conversion table

KRW to KPW conversion table

South Korean Won (KRW)North Korean Won (KPW)
1 KRW0.61574559723 KPW
2 KRW1.23149119446 KPW
3 KRW1.84723679169 KPW
4 KRW2.46298238893 KPW
5 KRW3.07872798616 KPW
6 KRW3.69447358339 KPW
7 KRW4.31021918062 KPW
8 KRW4.92596477785 KPW
9 KRW5.54171037508 KPW
10 KRW6.15745597232 KPW
100 KRW61.57455972316 KPW
200 KRW123.14911944631 KPW
300 KRW184.72367916947 KPW
400 KRW246.29823889263 KPW
500 KRW307.87279861578 KPW
600 KRW369.44735833894 KPW
700 KRW431.02191806209 KPW
800 KRW492.59647778525 KPW
900 KRW554.17103750841 KPW
1 000 KRW615.74559723156 KPW
2 000 KRW1 231.49119446313 KPW
5 000 KRW3 078.72798615782 KPW
10 000 KRW6 157.45597231564 KPW
20 000 KRW12 314.91194463128 KPW
50 000 KRW30 787.2798615782 KPW
100 000 KRW61 574.55972315639 KPW
Last updated April 3, 2025 at 08:55 PM