1 KPW to KRW - Convert North Korean Won to South Korean Won

North Korean Won to South Korean Won Exchange Rate

The KPW/KRW exchange rate tells you how many South Korean Won (KRW) you receive for every North Korean Won (KPW). At the current mid-market rate of 1 KPW = 0.000000 KRW, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

How to Get the Best KPW to KRW Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

North Korean Won Overview

The North Korean Won (KPW) is the official currency of North Korea. The currency is not freely convertible and operates under strict state control. Understanding the fundamentals behind KPW helps contextualize its exchange rate movements against KRW and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 KPW = 0.000000 KRW shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: KRW to KPW

The reverse exchange rate is 1 KRW = 0.000000 KPW. This is useful if you are starting with South Korean Won and want to know how much North Korean Won you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated KRW to KPW converter for the reverse direction.