November 21, 2019

North Korea Exchange Rate Tracker

What's this?

The North Korea Exchange Rate Tracker is a weekly updating data stream of official exchange rate prices in the capital city of the DPRK, Pyongyang.

Pricing data, in Euros, is gathered from NK Pro trusted sources inside the city on a weekly basis.

Unlike the unofficial exchange rate, which normally hovers around 8,000 WON per USD, the official rate is set by the government and used to calculate hard-currency exchange rates for purchases throughout the DPRK.

Official rates are typically listed in Pyongyang shops, restaurants, hotels and bars when the seller will only accept foreign currency. Foreign currency rates for purchases are calculated from this regularly updated value.

Official DPRK Exchange Rate

Official DPRK Exchange Rate Long-term

Market DPRK Exchange Rate

Market DPRK Exchange Rate Long-term

Related Articles

New book confirms radical changes to North Korean foreign exchange rate system

Recently-released publication offers a rare window into the world of the DPRK monetary policy

Russian refined oil exports to North Korea bounce back in August: data

Shipments follow a similar trend to last year, numbers provided to the 1718 Committee show

North Korea imports sanctioned items valued at over $300,000 from Russia in July

The shipments included electrical and industrial items covered by designated trade codes

North Korean reported oil imports up year on year: UN data

Though reported shipments are just a fraction of probable illicit inflows

Russian oil supplies to North Korea fell to yearly lows in July: UN data

Drop is similar to that which occurred last year, indicating a seasonal low