Convert North Korean Won to New Zealand Dollar
Please provide values below to convert North Korean Won [KPW] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to North Korean Won.
How to Convert North Korean Won to New Zealand Dollar
1 KPW = 539.245056920312 NZD
Example: convert 15 KPW to NZD:
15 KPW = 15 × 539.245056920312 NZD = 8088.67585380467 NZD
North Korean Won to New Zealand Dollar Conversion Table
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.