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

Malta
North Korea
EUR

Interbank Exchange Rate: 1 EUR = 1,064.9615 KPW
Updated about an hour ago

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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 Malta 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 Malta.

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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 EUR1,064.96 KPW
5 EUR5,324.81 KPW
10 EUR10,649.61 KPW
25 EUR26,624.04 KPW
50 EUR53,248.08 KPW
100 EUR106,496.15 KPW
150 EUR159,744.22 KPW
200 EUR212,992.30 KPW
250 EUR266,240.38 KPW
300 EUR319,488.45 KPW
400 EUR425,984.60 KPW
500 EUR532,480.75 KPW
600 EUR638,976.90 KPW
700 EUR745,473.05 KPW
800 EUR851,969.20 KPW
1,000 EUR1,064,961.50 KPW
1,500 EUR1,597,442.25 KPW
2,000 EUR2,129,923.00 KPW
2,500 EUR2,662,403.75 KPW
3,000 EUR3,194,884.50 KPW
4,000 EUR4,259,846.00 KPW
5,000 EUR5,324,807.50 KPW
10,000 EUR10,649,615.00 KPW
15,000 EUR15,974,422.50 KPW
20,000 EUR21,299,230.00 KPW
30,000 EUR31,948,845.00 KPW
40,000 EUR42,598,460.00 KPW
50,000 EUR53,248,075.00 KPW
100,000 EUR106,496,150.00 KPW

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


What's the best way to send money to North Korea from Malta?

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 Malta. 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 rate to transfer money to North Korea from Malta?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to North Korea.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malta to North Korea transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your EUR to North Korean Won money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

One of the most important things to watch out for is hidden fees when sending money to North Korea from Malta. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to North Korea using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your North Korean Won foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to North Korea exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to North Korea from Malta.


How to send money to North Korea from Malta through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Malta to North Korea. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to KPW exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Malta bank for your North Korea money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to North Korea from Malta fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malta to North Korea. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to KPW fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching North Korea. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush North Korean Won quickly to North Korea, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Since the Euro to North Korean Won money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Malta that may also be able to send money to North Korea. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your EUR to KPW money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in North Korea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Malta to North Korea transaction.


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

With so many possible ways to transfer Euro to North Korean Won, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Malta to North Korea remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Malta and the receiver in North Korea. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to North Korean Won money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.