North Korean won · KPW
₩ symbol · 1 country currently using this currency.
Currency info
Adopted: 1947
Currency family: Other
The North Korean won is one of the world's least traded currencies due to international sanctions and capital controls.
- Introduced in 1947 following Korea's independence from Japanese colonial rule
- Replaced the Korean yen at a 1:1 exchange rate
- Experienced significant devaluation during the Korean War (1950-1953)
- Heavily controlled by the North Korean government with limited international trading
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Korean yen