KPW


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KPW

The ISO 4217 currency code for the North Korean Won.

KPW

ISO 4217 code for the North Korean won. It was introduced in 1947, replacing the Korean yen. For some period of time before 2001, it was pegged to the U.S. dollar at a rate of 2.16 won to one dollar, but this has been re-adjusted as the won's black market value was nowhere near the peg. The won is an inconvertible currency. Visitors must use foreign exchange certificates in North Korea officially, but many vendors simply accept foreign currencies.
References in periodicals archive ?
The KPW is responsible for the design and manufacture of a broad range of products adapting ceramics to electronic systems such as this atomizing system, level gages for liquid storage tanks and bending rods for the textile industry.
Tenders are invited for Erection of cabin with aluminium partition and rack in various rooms of KPW building at Pitampura, Delhi.
Tenders are invited for Miscellaneous civil work such as wire mesh steel work chajjas etc In Connection With Annual repair and Maintainance Operation to residential and non residential work at KPW Pitampura Delhi during 2015 16