Convert North Korean Won to Iranian Rial
Please provide values below to convert North Korean Won [KPW] to Iranian Rial [IRR], or Convert Iranian Rial to North Korean Won.
How to Convert North Korean Won to Iranian Rial
1 KPW = 0.0212075665194705 IRR
Example: convert 15 KPW to IRR:
15 KPW = 15 × 0.0212075665194705 IRR = 0.318113497792058 IRR
North Korean Won to Iranian Rial Conversion Table
| North Korean Won | Iranian Rial |
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.