Convert North Korean Won to South Korean Won
Please provide values below to convert North Korean Won [KPW] to South Korean Won [KRW], or Convert South Korean Won to North Korean Won.
How to Convert North Korean Won to South Korean Won
1 KPW = 0.650961049962562 KRW
Example: convert 15 KPW to KRW:
15 KPW = 15 × 0.650961049962562 KRW = 9.76441574943844 KRW
North Korean Won to South Korean Won Conversion Table
| North Korean Won | South Korean Won |
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North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.