Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's EUR to KPW (Euro to North Korean Won) exchange rates

Luxembourg
North Korea
EUR

Interbank Exchange Rate: 1 EUR = 1,060.7179 KPW
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Euro to North Korean Won money transfers

Easily compare money transfer providers in one place to send money from Luxembourg to North Korea. Send money overseas to your loved ones by comparing Euro (EUR) to North Korean Won (KPW) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Luxembourg.

Were you looking to send money from North Korea to Luxembourg instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest EUR to KPW Conversion Rates

Here are some latest EUR to KPW (Euro to North Korean Won) exchange rates for popular conversion amounts*.

1 EUR1,060.72 KPW
5 EUR5,303.59 KPW
10 EUR10,607.18 KPW
25 EUR26,517.95 KPW
50 EUR53,035.90 KPW
100 EUR106,071.79 KPW
150 EUR159,107.69 KPW
200 EUR212,143.58 KPW
250 EUR265,179.48 KPW
300 EUR318,215.37 KPW
400 EUR424,287.16 KPW
500 EUR530,358.95 KPW
600 EUR636,430.74 KPW
700 EUR742,502.53 KPW
800 EUR848,574.32 KPW
1,000 EUR1,060,717.90 KPW
1,500 EUR1,591,076.85 KPW
2,000 EUR2,121,435.80 KPW
2,500 EUR2,651,794.75 KPW
3,000 EUR3,182,153.70 KPW
4,000 EUR4,242,871.60 KPW
5,000 EUR5,303,589.50 KPW
10,000 EUR10,607,179.00 KPW
15,000 EUR15,910,768.50 KPW
20,000 EUR21,214,358.00 KPW
30,000 EUR31,821,537.00 KPW
40,000 EUR42,428,716.00 KPW
50,000 EUR53,035,895.00 KPW
100,000 EUR106,071,790.00 KPW

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Luxembourg to North Korea?

With the global remittance market booming, there are so many choices for Euro to KPW money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to North Korea from Luxembourg. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final KPW amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Luxembourg to North Korea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to North Korea from Luxembourg. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your EUR to North Korean Won money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Luxembourg to North Korea corridor to give you more good choices for your next KPW money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to North Korea from Luxembourg?

The final amount your recipient gets when you send EUR to KPW is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Luxembourg to North Korea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send North Korean Won is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to North Korea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Luxembourg to North Korea?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Luxembourg to North Korea money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like EUR to KPW transfers.

Given this, there are umpteen additional options to send money to North Korea instead of just your Luxembourg bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Euro even more so that your recipient in North Korea gets the maximum amount.


How to send money from Luxembourg to North Korea fast?

If you need to convert EUR to KPW as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Luxembourg to North Korea could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to North Korean Won funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to North Korea.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Luxembourg to North Korea. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Luxembourg to North Korea?

Comparing money transfer companies for sending money to North Korea from Luxembourg can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to North Korea. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Euro to North Korean Won transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the North Korean Won yield on every Euro that you send.


Step by step guide to send money to North Korea from Luxembourg

The first step to send money to North Korea from Luxembourg is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your EUR to KPW overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in North Korea if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Luxembourg bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to North Korea!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Luxembourg to North Korea.