Convert Saudi Riyal to North Korean Won
Please provide values below to convert Saudi Riyal [SAR] to North Korean Won [KPW], or Convert North Korean Won to Saudi Riyal.
How to Convert Saudi Riyal to North Korean Won
1 SAR = 0.00416666666666667 KPW
Example: convert 15 SAR to KPW:
15 SAR = 15 × 0.00416666666666667 KPW = 0.0625 KPW
Saudi Riyal to North Korean Won Conversion Table
| Saudi Riyal | North Korean Won |
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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.
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.