North Korean Won (KPW) Profile
Users:
The North Korean Won (KPW) is the official currency of North Korea. It is the legal tender used for all transactions within the country.
History:
The North Korean Won was first introduced in December 1947, replacing the Korean yen, which was used during the colonial period of Korea.
North Korea has a centralized economic system, and the value of the won is managed and controlled by the government.