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Compare today's KPW to NGN (North Korean Won to Nigerian Naira) exchange rates

North Korea
Nigeria
KPW

Interbank Exchange Rate: 1 KPW = 1.5350 NGN
Updated about an hour ago

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All you need to know about North Korean Won to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from North Korea to Nigeria. Send money overseas to your loved ones by comparing North Korean Won (KPW) to Nigerian Naira (NGN) 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 North Korea.

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Latest KPW to NGN Conversion Rates

Here are some latest KPW to NGN (North Korean Won to Nigerian Naira) exchange rates for popular conversion amounts*.

1 KPW1.54 NGN
5 KPW7.68 NGN
10 KPW15.35 NGN
25 KPW38.38 NGN
50 KPW76.75 NGN
100 KPW153.50 NGN
150 KPW230.25 NGN
200 KPW307.00 NGN
250 KPW383.75 NGN
300 KPW460.50 NGN
400 KPW614.00 NGN
500 KPW767.50 NGN
600 KPW921.00 NGN
700 KPW1,074.50 NGN
800 KPW1,228.00 NGN
1,000 KPW1,535.00 NGN
1,500 KPW2,302.50 NGN
2,000 KPW3,070.00 NGN
2,500 KPW3,837.50 NGN
3,000 KPW4,605.00 NGN
4,000 KPW6,140.00 NGN
5,000 KPW7,675.00 NGN
10,000 KPW15,350.00 NGN
15,000 KPW23,025.00 NGN
20,000 KPW30,700.00 NGN
30,000 KPW46,050.00 NGN
40,000 KPW61,400.00 NGN
50,000 KPW76,750.00 NGN
100,000 KPW153,500.00 NGN

*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 Nigeria from North Korea?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from North Korea to Nigeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer North Korean Won to NGN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send KPW to NGN in Nigeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Nigeria from North Korea. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Nigeria from North Korea?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your KPW to Nigerian Naira money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from North Korea to Nigeria. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for KPW to NGN remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from North Korea to Nigeria?

Finding the cheapest way to send money from North Korea to Nigeria might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer KPW to NGN via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum North Korea to Nigeria exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

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 North Korea to Nigeria 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 KPW to NGN transfers.

Given this, there are umpteen additional options to send money to Nigeria instead of just your North Korea 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 North Korean Won even more so that your recipient in Nigeria gets the maximum amount.


How to send money from North Korea to Nigeria fast?

If you need to convert KPW to NGN 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 North Korea to Nigeria 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 North Korean Won to Nigerian Naira 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 Nigeria.

With so many choices available, make sure to compare various forex operators that enable you to remit money from North Korea to Nigeria. 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 North Korea to Nigeria?

Comparing money transfer companies for sending money to Nigeria from North Korea 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 Nigeria. 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 North Korean Won to Nigerian Naira 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 Nigerian Naira yield on every North Korean Won that you send.


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

With so many possible ways to transfer North Korean Won to Nigerian Naira, 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 North Korea to Nigeria 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 North Korea and the receiver in Nigeria. 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 KPW to Nigerian Naira money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.