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 KRW0.62493285286 KPW
2 KRW1.24986570571 KPW
3 KRW1.87479855857 KPW
4 KRW2.49973141143 KPW
5 KRW3.12466426428 KPW
6 KRW3.74959711714 KPW
7 KRW4.37452996999 KPW
8 KRW4.99946282285 KPW
9 KRW5.62439567571 KPW
10 KRW6.24932852856 KPW
100 KRW62.49328528563 KPW
200 KRW124.98657057126 KPW
300 KRW187.47985585688 KPW
400 KRW249.97314114251 KPW
500 KRW312.46642642814 KPW
600 KRW374.95971171377 KPW
700 KRW437.45299699939 KPW
800 KRW499.94628228502 KPW
900 KRW562.43956757065 KPW
1 000 KRW624.93285285628 KPW
2 000 KRW1 249.86570571256 KPW
5 000 KRW3 124.66426428139 KPW
10 000 KRW6 249.32852856278 KPW
20 000 KRW12 498.65705712557 KPW
50 000 KRW31 246.64264281392 KPW
100 000 KRW62 493.28528562783 KPW
Last updated April 25, 2025 at 11:55 PM