September 30, 2023

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

North Korea-China trade hits four-month high as DPRK eases COVID controls

Outsourcing of wig production continues to drive exchange, while sanctioned goods appear among Chinese exports

China continues open export of sanctioned goods to North Korea in July

Trade data shows China sent DPRK machinery banned under UN resolutions, while importing over $1.5M of sanctioned alloy

North Korea boosts imports from China in July, exports sanctioned iron and steel

Chinese trade data shows Beijing continues to outsource manufacturing to DPRK, expert says

North Korea in July 2023: A month in review and what’s ahead

An analytical look at the main developments from July 1, 2023 to July 31, 2023

Surge in North Korean grain imports lays bare deepening hunger crisis

Experts say sharp uptick in first half points to growing food shortages but warn little could reach those most in need