KPW (₩)

Currency: North Korean won

The North Korean won is the official currency of North Korea. One US dollar is worth around 900.00 KPW. The North Korean won is the currency of North Korea. It was first introduced in 1947, replacing the Korean yen. The won is divided into 100 chon. The currency is issued by the Central Bank of the Democratic People’s Republic of Korea. The won has been subject to high inflation, so banknotes are issued in denominations as high as 5,000 won. The North Korean won is not widely traded on international currency markets.