Convert Chinese Yuan to North Korean Won
Please provide values below to convert Chinese Yuan [CNY] to North Korean Won [KPW], or Convert North Korean Won to Chinese Yuan.
How to Convert Chinese Yuan to North Korean Won
1 CNY = 0.007971 KPW
Example: convert 15 CNY to KPW:
15 CNY = 15 × 0.007971 KPW = 0.119565 KPW
Chinese Yuan to North Korean Won Conversion Table
| Chinese Yuan | North Korean Won |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.