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What is the current exchange rate for North Korean money to USD?

avatarRose HandbergDec 25, 2021 · 3 years ago3 answers

I'm curious about the current exchange rate between North Korean money and USD. Can you provide me with the latest information? I want to know how much North Korean money I can get for 1 USD.

What is the current exchange rate for North Korean money to USD?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The current exchange rate for North Korean money to USD is not publicly available due to the limited accessibility of the North Korean currency. However, it is generally known that the North Korean won (KPW) is heavily controlled by the government and its value is not determined by market forces. Therefore, it is difficult to provide an accurate exchange rate. It is advisable to consult with specialized currency exchange services or financial institutions for the most up-to-date information.
  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, the exchange rate for North Korean money to USD is not readily available. The North Korean won (KPW) is not freely traded on international currency markets, making it challenging to determine its exact value. The North Korean government tightly controls the exchange rate and restricts foreign currency transactions. As a result, it is recommended to consult with specialized financial institutions or currency exchange services for the latest exchange rate information.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that North Korean money (KPW) is not commonly traded or exchanged for USD on digital currency exchanges. The North Korean won is not recognized as a widely accepted currency in the global financial market. However, if you are interested in exchanging cryptocurrencies for USD, you can consider using reputable digital currency exchanges like Binance or BYDFi, which offer a wide range of trading pairs, including USD-based pairs. These exchanges provide real-time exchange rates and convenient trading services for cryptocurrencies.