Convert United States Dollar to North Korean Won
Please provide values below to convert United States Dollar [USD] to North Korean Won [KPW], or Convert North Korean Won to United States Dollar.
How to Convert United States Dollar to North Korean Won
1 USD = 0.00111111111111111 KPW
Example: convert 15 USD to KPW:
15 USD = 15 × 0.00111111111111111 KPW = 0.0166666666666667 KPW
United States Dollar to North Korean Won Conversion Table
| United States Dollar | North Korean Won |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.