USD to KPW Exchange Rate - Convert US Dollar to North Korean Won

Converting from US Dollar (USD) to North Korean Won (KPW)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and is one of the most widely used currencies around the world. It is represented by the symbol "$" and is divided into 100 smaller units called cents. The USD is considered a benchmark currency in global finance and trade, and is used in an estimated 88% of all currency transactions worldwide.

The value of the US Dollar can fluctuate based on economic factors, including inflation rates, interest rates, and geopolitical stability. It is also influenced by the Federal Reserve, the central bank of the United States, which adjusts monetary policy to stabilize the economy. Due to its importance, many countries hold US Dollars as part of their foreign exchange reserves, making it a key driver of international trade.

What is North Korean Won (KPW)

The North Korean Won (KPW) is the official currency of North Korea, and it is symbolized as "₩". Unlike the US Dollar, the Won is less recognized in international markets and is primarily used within North Korea. One of the defining features of the KPW is its tightly controlled value, which is managed by the North Korean government. The currency is subdivided into 100 chon, although chon is not commonly used in everyday transactions.

The exchange rate for the KPW is subject to strict government regulations, and as such, it does not freely float in the market like the USD. This makes it challenging for currency conversion and presents obstacles for those wishing to exchange currency with North Korea. Due to sanctions and economic isolation, the foreign exchange market in North Korea is limited, and the KPW often reflects only government-set values rather than the actual economic conditions of its economy.

Converting USD to KPW

When converting from USD to KPW, it's important to realize that the rates will not resemble those you might find in other global currencies. Official exchange rates are often far removed from those used in unofficial markets. The sanctioned nature of North Korean trade means that legal avenues for converting dollars into won are few.

As the situation is complex, anyone considering a currency exchange should check the latest rates and be aware of the legal implications, especially since engaging with North Korean financial systems can be fraught with risk.

Given the unique economic conditions in North Korea, the two currencies reflect vastly different systems. While the USD provides a measure of stability and international acceptance, the KPW remains largely confined within its borders. If you are looking to convert USD to KPW, approach with caution and be informed about the latest exchange information.

US Dollar to North Korean Won conversion table

USD to KPW conversion table

US Dollar (USD)North Korean Won (KPW)
1 USD900.00356895 KPW
2 USD1 800.0071379 KPW
3 USD2 700.01070685 KPW
4 USD3 600.0142758 KPW
5 USD4 500.01784475 KPW
6 USD5 400.0214137 KPW
7 USD6 300.02498265 KPW
8 USD7 200.0285516 KPW
9 USD8 100.03212055 KPW
10 USD9 000.0356895 KPW
100 USD90 000.356895 KPW
200 USD180 000.71379 KPW
300 USD270 001.070685 KPW
400 USD360 001.42758 KPW
500 USD450 001.784475 KPW
600 USD540 002.14137 KPW
700 USD630 002.498265 KPW
800 USD720 002.85516 KPW
900 USD810 003.212055 KPW
1 000 USD900 003.56895 KPW
2 000 USD1 800 007.1379 KPW
5 000 USD4 500 017.84475 KPW
10 000 USD9 000 035.6895 KPW
20 000 USD18 000 071.379 KPW
50 000 USD45 000 178.4475 KPW
100 000 USD90 000 356.895 KPW
Last updated March 13, 2025 at 04:55 PM