Convert North Korean Won to Saudi Riyal
Please provide values below to convert North Korean Won [KPW] to Saudi Riyal [SAR], or Convert Saudi Riyal to North Korean Won.
How to Convert North Korean Won to Saudi Riyal
1 KPW = 240 SAR
Example: convert 15 KPW to SAR:
15 KPW = 15 × 240 SAR = 3600 SAR
North Korean Won to Saudi Riyal Conversion Table
North Korean Won | Saudi Riyal |
---|
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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.