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 KRW0.61679437053 KPW
2 KRW1.23358874105 KPW
3 KRW1.85038311158 KPW
4 KRW2.46717748211 KPW
5 KRW3.08397185263 KPW
6 KRW3.70076622316 KPW
7 KRW4.31756059368 KPW
8 KRW4.93435496421 KPW
9 KRW5.55114933474 KPW
10 KRW6.16794370526 KPW
100 KRW61.67943705263 KPW
200 KRW123.35887410526 KPW
300 KRW185.03831115789 KPW
400 KRW246.71774821053 KPW
500 KRW308.39718526316 KPW
600 KRW370.07662231579 KPW
700 KRW431.75605936842 KPW
800 KRW493.43549642105 KPW
900 KRW555.11493347368 KPW
1 000 KRW616.79437052631 KPW
2 000 KRW1 233.58874105263 KPW
5 000 KRW3 083.97185263157 KPW
10 000 KRW6 167.94370526314 KPW
20 000 KRW12 335.88741052628 KPW
50 000 KRW30 839.71852631571 KPW
100 000 KRW61 679.43705263142 KPW
Last updated April 3, 2025 at 11:55 PM