grasshopper market exchange rate grain

Interview: How bribery holds North Korea’s market economy together

A few years ago, two researchers - Dr. Andrew Yeo (Brookings Institution) and Dr. Justin Hastings (University of Sydney) - conducted a series of...
Kim Jong Un meets Chinese Foreign Minister Wang Yi at a conference table in Pyongyang, with the Workers' Party of Korea emblem on the wall behind them

China’s bold and audacious strategic initiative that escaped most experts’ attention

Chinese Foreign Minister Wang Yi’s visit to South Korea on August 19-20, 2026, received relatively little international attention, despite being a consequential meeting for...
Rows of glass hydroponic and arched vinyl greenhouses along a central road at the Sinuiju greenhouse farm completion ceremony

Satellite imagery shows Sinuiju greenhouse farm far larger than North Korea claims

This author's analysis of high-resolution satellite imagery shows that North Korea's Sinuiju greenhouse farm, completed in February 2026, covers at least 800 hectares, far...
south korea, products, goods

South Korean-style natural makeup catches on among young North Koreans

Young North Koreans in cities such as Chongjin are embracing a subtle, natural South Korean makeup style in 2026 that arrived through people who...

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North Korea Market Trends

Updated 26-09-27
Exchange Rate 1 USD → KPW
Pyongyang
69,100
Sinuiju
69,120
Hyesan
69,120
Full Exchange Rate Data →
Rice Prices KPW per kg
Pyongyang
40,800
Sinuiju
40,700
Hyesan
41,000
Full Rice Price Data →

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