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📈 South Korea to North Korea Money Transfer Snapshot Today

  • Number of money transfer providers compared: 0
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real KRW to KPW exchange rate before providers add their margin or fees. exchange rate: 1 KRW = KPW 0.6047 (Updated about an hour ago)


💡What these rates mean for sending money to North Korea from South Korea today

Compare top-rated money transfer providers to find the best way to remit money to North Korea from South Korea. Check today's KRW to KPW exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.

South Korean Won to North Korean Won exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much KPW your recipient receives in North Korea.

Compare the providers above to maximize every KRW you send to North Korea. The best South Korean Won to North Korean Won transfer rate changes daily, so comparing today matters.


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 South Korea.



Latest Exchange Rates for Sending Money to North Korea from South Korea

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

1 KRW0.60 KPW
5 KRW3.02 KPW
10 KRW6.05 KPW
25 KRW15.12 KPW
50 KRW30.24 KPW
100 KRW60.47 KPW
150 KRW90.71 KPW
200 KRW120.94 KPW
250 KRW151.18 KPW
300 KRW181.41 KPW
400 KRW241.88 KPW
500 KRW302.35 KPW
600 KRW362.82 KPW
700 KRW423.29 KPW
800 KRW483.76 KPW
1000 KRW604.70 KPW
1500 KRW907.05 KPW
2000 KRW1,209.40 KPW
2500 KRW1,511.75 KPW
3000 KRW1,814.10 KPW
4000 KRW2,418.80 KPW
5000 KRW3,023.50 KPW
10000 KRW6,047.00 KPW
15000 KRW9,070.50 KPW
20000 KRW12,094.00 KPW
30000 KRW18,141.00 KPW
40000 KRW24,188.00 KPW
50000 KRW30,235.00 KPW
100000 KRW60,470.00 KPW

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real KRW to KPW exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What is the best way to send money from South Korea to North Korea?

With the remittance market booming, there are so many choices for South Korean Won to KPW money transfers. Plus, the entry of new fintech companies makes it harder 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 for sending money to North Korea from South Korea. All providers on our platform are established, secure companies that our expert team has evaluated.

In addition, these providers offer you exclusive deals and promo codes; these offers help you further maximize the final KPW amount that your recipient in South Korea gets.


How to get the best KRW to KPW transfer rate?

With ever changing South Korean Won to North Korean Won remittance exchange rates, and umpteen choices, it may seem hard to choose a provider for your South Korea to North Korea transfers.

RemitFinder provides a single place to compare many options so you can maximize the return on your KRW to North Korean Won international money transfers.

To help save your time and money, we also created the RemitFinder exchange rate alert. This is a free notification to stay updated on the latest South Korean Won to North Korean Won exchange rates and ongoing deals and promo codes.


What is the cheapest way for sending money to North Korea from South Korea?

Finding the cheapest way to send money from South Korea to North Korea may not be easy, especially with so many choices available.

It may be tempting to use traditional services like currency exchanges in malls or grocery outlets. Whilst you can certainly transfer money from KRW to KPW via these channels, they may not be the most economical.

Online money transfers are more cost effective, and RemitFinder provides you many good choices to get the best South Korea to North Korea exchange rate. Many of these providers also provide exclusive promo codes and offers to our customers; availing these will reduce the cost of your transfer further.


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

There are two major ways that banks in South Korea make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low KRW to KPW exchange rate.

One simple way to maximizing your payout is by minimizing the fees on South Korea to North Korea money you send, whilst looking for the best rate.

Most remittance companies offer bank to bank transfers for sending money to North Korea from South Korea. You do this by funding your transfer with your bank account in South Korea, and by paying your recipient in their bank account in North Korea. But you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to North Korea from South Korea?

The speed of your South Korean Won to North Korean Won funds transfer will depend on various factors - provider you use, how you fund your transaction and how you pay your recipient. Compare providers to find the best fit.

Our comprehensive guide on remittances can help you understand important factors to convert from KRW to KPW. This will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

For example, to send money fast to North Korea from South Korea, you could use cash as payment and delivery method. But you need to go to physical locations, and there is risk involved in carrying cash.

Another fast way is to send KPW into a mobile wallet, or do a mobile airtime top up. These methods are faster than South Korea bank to North Korea bank transfer.


Which are the best money transfer companies to remit money to North Korea from South Korea?

South Korea to North Korea money transfer space is very competitive, and there are many providers competing for your business.

To make an informed decision, first decide your selection criteria. For example, do you need the money to reach North Korea fast? Are you sending a small or large amount? Do you prefer fixed or indicative rates? Honing your preferences will help you compare providers better.

Once you have defined your parameters, selecting the best South Korean Won to North Korean Won money transfer provider is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to find the best fit.


Step by step guide to do a money transfer from South Korea to North Korea

When sending money from South Korea to North Korea, it may be difficult to find the best company to move your money abroad. With many choices available to remit from South Korea to North Korea, you may feel overwhelmed.

This is where RemitFinder comes in; we help you search and compare money transfer companies.

Once you find a suitable provider, follow the below steps to send money.

  • Provide your name, address and other information as part of the signup process. Providing this information ensures safety and compliance
  • Provide information about the receiver - name, address and a bank account in North Korea where they can receive money in North Korean Won.
  • Add your South Korea bank account so you fund your transfer.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

The process is quite easy and you can see your KRW travel to another part of the globe.