grains, food purchases

Grain stores scramble the math on North Korea’s rice prices

For decades, the price of a kilogram of rice at the market has served as the single most important gauge of North Korea’s economy....
Propaganda mural depicting Kim Il Sung and Kim Jong Il surrounded by children at the Mangyongdae Funfair bullet train ride, Pyongyang

Fearing a slip, North Koreans avoid saying “unification”

North Koreans still think of South Koreans as members of the same nation, but many now fear those words could slip out at the...
Front cover of “Rich and Spicy Northern Dialects,” a book on North Korean regional dialects by defector Seol Song Ah

Listening to how North Koreans talk

A film I watched recently added Korean subtitles to a conversation between North Korean characters, as though they were speaking a foreign language. Eight...
A wide aerial view of flooded rice paddies divided by raised earthen paths, with a small tractor working one field, trees and a rooftop in the foreground, and a village and hills in the distance, in Anak county, South Hwanghae province, North Korea.

Soaring grain prices bury farm workers in debt

Soaring grain prices have left farm workers in North Korea’s North Hwanghae province facing a hungry winter in 2026. Many borrowed food and daily...
A photo of Hyesan's downtown area.

South Korean goods shut out of Hyesan customs trade

Chinese goods are pouring into North Korea through the customs office in Hyesan this November 2026, yet traders who built their businesses on South...
Pyongyang Housing real estate prices, upper floors

Pyongyang tenants haul water up dark stairwells

A worsening Pyongyang power shortage has left the capital’s new high-rises without elevators or running water in fall 2026. Rather than fixing the problem,...
Coal briquettes stacked in rows in North Korea

Firewood and coal prices double in Ryanggang province

Firewood and coal prices have doubled in North Korea’s Ryanggang province after a sudden cold snap, a local source said. Low-income families in Hyesan,...
Exterior of the power transmission and distribution department building in Rason, North Korea

Electricity clout fuels feud over lucrative jobs in North Korea

Wives of power officials in North Korea’s Ryanggang province are fighting over lucrative artificial meat jobs in 2026, with their husbands’ rank in the...

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North Korea Market Trends

Updated 26-10-25
Exchange Rate 1 USD → KPW
Pyongyang
69,200
Sinuiju
69,210
Hyesan
70,000
Full Exchange Rate Data →
Rice Prices KPW per kg
Pyongyang
51,700
Sinuiju
51,800
Hyesan
52,000
Full Rice Price Data →

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