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 KRW0.61505263552 KPW
2 KRW1.23010527103 KPW
3 KRW1.84515790655 KPW
4 KRW2.46021054206 KPW
5 KRW3.07526317758 KPW
6 KRW3.6903158131 KPW
7 KRW4.30536844861 KPW
8 KRW4.92042108413 KPW
9 KRW5.53547371964 KPW
10 KRW6.15052635516 KPW
100 KRW61.50526355158 KPW
200 KRW123.01052710317 KPW
300 KRW184.51579065475 KPW
400 KRW246.02105420634 KPW
500 KRW307.52631775792 KPW
600 KRW369.0315813095 KPW
700 KRW430.53684486109 KPW
800 KRW492.04210841267 KPW
900 KRW553.54737196426 KPW
1 000 KRW615.05263551584 KPW
2 000 KRW1 230.10527103168 KPW
5 000 KRW3 075.26317757921 KPW
10 000 KRW6 150.52635515841 KPW
20 000 KRW12 301.05271031682 KPW
50 000 KRW30 752.63177579206 KPW
100 000 KRW61 505.26355158412 KPW
Last updated April 2, 2025 at 11:59 PM