Convert New Taiwan Dollar to North Korean Won
Please provide values below to convert New Taiwan Dollar [TWD] to North Korean Won [KPW], or Convert North Korean Won to New Taiwan Dollar.
How to Convert New Taiwan Dollar to North Korean Won
1 TWD = 0.0326277777777778 KPW
Example: convert 15 TWD to KPW:
15 TWD = 15 × 0.0326277777777778 KPW = 0.489416666666667 KPW
New Taiwan Dollar to North Korean Won Conversion Table
New Taiwan Dollar | North Korean Won |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.