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<span>History</span> </div> </a> <button aria-controls="toc-History-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle History subsection</span> </button> <ul id="toc-History-sublist" class="vector-toc-list"> <li id="toc-1947–2009" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#1947–2009"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.1</span> <span>1947–2009</span> </div> </a> <ul id="toc-1947–2009-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2009_revaluation" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2009_revaluation"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.2</span> <span>2009 revaluation</span> </div> </a> <ul id="toc-2009_revaluation-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Coins" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Coins"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Coins</span> </div> </a> <button aria-controls="toc-Coins-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Coins subsection</span> </button> <ul id="toc-Coins-sublist" class="vector-toc-list"> <li id="toc-First_Won" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#First_Won"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.1</span> <span>First Won</span> </div> </a> <ul id="toc-First_Won-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Second_Won" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Second_Won"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Second Won</span> </div> </a> <ul id="toc-Second_Won-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Third_Won" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Third_Won"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.3</span> <span>Third Won</span> </div> </a> <ul id="toc-Third_Won-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Banknotes" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Banknotes"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Banknotes</span> </div> </a> <button aria-controls="toc-Banknotes-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Banknotes subsection</span> </button> <ul id="toc-Banknotes-sublist" class="vector-toc-list"> <li id="toc-First_Won_2" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#First_Won_2"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1</span> <span>First Won</span> </div> </a> <ul id="toc-First_Won_2-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Second_Won_2" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Second_Won_2"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.2</span> <span>Second Won</span> </div> </a> <ul id="toc-Second_Won_2-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Third_won_2" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Third_won_2"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.3</span> <span>Third won</span> </div> </a> <ul id="toc-Third_won_2-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Donpyo_emergency_currency" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Donpyo_emergency_currency"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.4</span> <span><i>Donpyo</i> emergency currency</span> </div> </a> <ul id="toc-Donpyo_emergency_currency-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Exchange_rates" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Exchange_rates"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Exchange rates</span> </div> </a> <ul id="toc-Exchange_rates-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Concurrent_use_with_foreign_currencies" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Concurrent_use_with_foreign_currencies"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Concurrent use with foreign currencies</span> </div> </a> <button aria-controls="toc-Concurrent_use_with_foreign_currencies-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Concurrent use with foreign currencies subsection</span> </button> <ul id="toc-Concurrent_use_with_foreign_currencies-sublist" class="vector-toc-list"> <li id="toc-Before_2009" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Before_2009"> <div class="vector-toc-text"> <span class="vector-toc-numb">6.1</span> <span>Before 2009</span> </div> </a> <ul id="toc-Before_2009-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Since_2009" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Since_2009"> <div class="vector-toc-text"> <span class="vector-toc-numb">6.2</span> <span>Since 2009</span> </div> </a> <ul id="toc-Since_2009-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">8</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">9</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">North Korean won</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 63 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-63" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">63 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D9%88%D9%88%D9%86_%D9%83%D9%88%D8%B1%D9%8A_%D8%B4%D9%85%D8%A7%D9%84%D9%8A" title="وون كوري شمالي – Arabic" lang="ar" hreflang="ar" data-title="وون كوري شمالي" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-ast mw-list-item"><a href="https://ast.wikipedia.org/wiki/Won_norcoreanu" title="Won norcoreanu – Asturian" lang="ast" hreflang="ast" data-title="Won norcoreanu" data-language-autonym="Asturianu" data-language-local-name="Asturian" class="interlanguage-link-target"><span>Asturianu</span></a></li><li class="interlanguage-link interwiki-az mw-list-item"><a href="https://az.wikipedia.org/wiki/%C5%9Eimali_Koreya_vonu" title="Şimali Koreya vonu – Azerbaijani" lang="az" hreflang="az" data-title="Şimali Koreya vonu" data-language-autonym="Azərbaycanca" data-language-local-name="Azerbaijani" class="interlanguage-link-target"><span>Azərbaycanca</span></a></li><li class="interlanguage-link interwiki-zh-min-nan mw-list-item"><a href="https://zh-min-nan.wikipedia.org/wiki/Ti%C3%A2u-si%C3%A1n_B%C3%AEn-ch%C3%BA-ch%C3%BA-g%C4%AB_J%C3%AEn-b%C3%AEn_Ki%C5%8Dng-h%C3%B4-kok_won" title="Tiâu-sián Bîn-chú-chú-gī Jîn-bîn Kiōng-hô-kok won – Minnan" lang="nan" hreflang="nan" data-title="Tiâu-sián Bîn-chú-chú-gī Jîn-bîn Kiōng-hô-kok won" data-language-autonym="閩南語 / Bân-lâm-gú" data-language-local-name="Minnan" class="interlanguage-link-target"><span>閩南語 / Bân-lâm-gú</span></a></li><li class="interlanguage-link interwiki-be mw-list-item"><a href="https://be.wikipedia.org/wiki/%D0%9F%D0%B0%D1%9E%D0%BD%D0%BE%D1%87%D0%BD%D0%B0%D0%BA%D0%B0%D1%80%D1%8D%D0%B9%D1%81%D0%BA%D0%B0%D1%8F_%D0%B2%D0%BE%D0%BD%D0%B0" title="Паўночнакарэйская вона – Belarusian" lang="be" hreflang="be" data-title="Паўночнакарэйская вона" data-language-autonym="Беларуская" data-language-local-name="Belarusian" class="interlanguage-link-target"><span>Беларуская</span></a></li><li class="interlanguage-link interwiki-be-x-old mw-list-item"><a href="https://be-tarask.wikipedia.org/wiki/%D0%9F%D0%B0%D1%9E%D0%BD%D0%BE%D1%87%D0%BD%D0%B0%D0%BA%D0%B0%D1%80%D1%8D%D0%B9%D1%81%D0%BA%D0%B0%D1%8F_%D0%B2%D0%BE%D0%BD%D0%B0" title="Паўночнакарэйская вона – Belarusian (Taraškievica orthography)" lang="be-tarask" hreflang="be-tarask" data-title="Паўночнакарэйская вона" data-language-autonym="Беларуская (тарашкевіца)" data-language-local-name="Belarusian (Taraškievica orthography)" class="interlanguage-link-target"><span>Беларуская (тарашкевіца)</span></a></li><li class="interlanguage-link interwiki-bg mw-list-item"><a href="https://bg.wikipedia.org/wiki/%D0%A1%D0%B5%D0%B2%D0%B5%D1%80%D0%BD%D0%BE%D0%BA%D0%BE%D1%80%D0%B5%D0%B9%D1%81%D0%BA%D0%B8_%D0%B2%D0%BE%D0%BD" title="Севернокорейски вон – Bulgarian" lang="bg" hreflang="bg" data-title="Севернокорейски вон" data-language-autonym="Български" data-language-local-name="Bulgarian" class="interlanguage-link-target"><span>Български</span></a></li><li class="interlanguage-link interwiki-bs mw-list-item"><a href="https://bs.wikipedia.org/wiki/Sjevernokorejski_von" title="Sjevernokorejski von – Bosnian" lang="bs" hreflang="bs" data-title="Sjevernokorejski von" data-language-autonym="Bosanski" data-language-local-name="Bosnian" class="interlanguage-link-target"><span>Bosanski</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Won_nord-core%C3%A0" title="Won nord-coreà – Catalan" lang="ca" hreflang="ca" data-title="Won nord-coreà" data-language-autonym="Català" data-language-local-name="Catalan" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-cs mw-list-item"><a href="https://cs.wikipedia.org/wiki/Severokorejsk%C3%BD_won" title="Severokorejský won – Czech" lang="cs" hreflang="cs" data-title="Severokorejský won" data-language-autonym="Čeština" data-language-local-name="Czech" class="interlanguage-link-target"><span>Čeština</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/Nordkoreanske_won" title="Nordkoreanske won – Danish" lang="da" hreflang="da" data-title="Nordkoreanske won" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Nordkoreanischer_Won" title="Nordkoreanischer Won – German" lang="de" hreflang="de" data-title="Nordkoreanischer Won" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-et mw-list-item"><a href="https://et.wikipedia.org/wiki/P%C3%B5hja-Korea_vonn" title="Põhja-Korea vonn – Estonian" lang="et" hreflang="et" data-title="Põhja-Korea vonn" data-language-autonym="Eesti" data-language-local-name="Estonian" class="interlanguage-link-target"><span>Eesti</span></a></li><li class="interlanguage-link interwiki-el mw-list-item"><a href="https://el.wikipedia.org/wiki/%CE%93%CE%BF%CF%85%CF%8C%CE%BD_%CE%92%CF%8C%CF%81%CE%B5%CE%B9%CE%B1%CF%82_%CE%9A%CE%BF%CF%81%CE%AD%CE%B1%CF%82" title="Γουόν Βόρειας Κορέας – Greek" lang="el" hreflang="el" data-title="Γουόν Βόρειας Κορέας" data-language-autonym="Ελληνικά" data-language-local-name="Greek" class="interlanguage-link-target"><span>Ελληνικά</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Won_norcoreano" title="Won norcoreano – Spanish" lang="es" hreflang="es" data-title="Won norcoreano" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-eo mw-list-item"><a href="https://eo.wikipedia.org/wiki/Nord-korea_%C5%ADono" title="Nord-korea ŭono – Esperanto" lang="eo" hreflang="eo" data-title="Nord-korea ŭono" data-language-autonym="Esperanto" data-language-local-name="Esperanto" class="interlanguage-link-target"><span>Esperanto</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D9%88%D9%88%D9%86_%DA%A9%D8%B1%D9%87_%D8%B4%D9%85%D8%A7%D9%84%DB%8C" title="وون کره شمالی – Persian" lang="fa" hreflang="fa" data-title="وون کره شمالی" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Won_nord-cor%C3%A9en" title="Won nord-coréen – French" lang="fr" hreflang="fr" data-title="Won nord-coréen" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-gl mw-list-item"><a href="https://gl.wikipedia.org/wiki/Won_norcoreano" title="Won norcoreano – Galician" lang="gl" hreflang="gl" data-title="Won norcoreano" data-language-autonym="Galego" data-language-local-name="Galician" class="interlanguage-link-target"><span>Galego</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EC%A1%B0%EC%84%A0%EB%AF%BC%EC%A3%BC%EC%A3%BC%EC%9D%98%EC%9D%B8%EB%AF%BC%EA%B3%B5%ED%99%94%EA%B5%AD_%EC%9B%90" title="조선민주주의인민공화국 원 – Korean" lang="ko" hreflang="ko" data-title="조선민주주의인민공화국 원" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-hi mw-list-item"><a href="https://hi.wikipedia.org/wiki/%E0%A4%89%E0%A4%A4%E0%A5%8D%E0%A4%A4%E0%A4%B0_%E0%A4%95%E0%A5%8B%E0%A4%B0%E0%A4%BF%E0%A4%AF%E0%A4%BE%E0%A4%88_%E0%A4%B5%E0%A5%89%E0%A4%A8" title="उत्तर कोरियाई वॉन – Hindi" lang="hi" hreflang="hi" data-title="उत्तर कोरियाई वॉन" data-language-autonym="हिन्दी" data-language-local-name="Hindi" class="interlanguage-link-target"><span>हिन्दी</span></a></li><li class="interlanguage-link interwiki-hr mw-list-item"><a href="https://hr.wikipedia.org/wiki/Sjevernokorejski_von" title="Sjevernokorejski von – Croatian" lang="hr" hreflang="hr" data-title="Sjevernokorejski von" data-language-autonym="Hrvatski" data-language-local-name="Croatian" class="interlanguage-link-target"><span>Hrvatski</span></a></li><li class="interlanguage-link interwiki-bpy mw-list-item"><a href="https://bpy.wikipedia.org/wiki/%E0%A6%94%E0%A6%AF%E0%A6%BC%E0%A6%BE%E0%A6%82_%E0%A6%95%E0%A7%8B%E0%A6%B0%E0%A6%BF%E0%A6%AF%E0%A6%BC%E0%A6%BE%E0%A6%A8_%E0%A7%B1%E0%A7%8B%E0%A6%A8" title="ঔয়াং কোরিয়ান ৱোন – Bishnupriya" lang="bpy" hreflang="bpy" data-title="ঔয়াং কোরিয়ান ৱোন" data-language-autonym="বিষ্ণুপ্রিয়া মণিপুরী" data-language-local-name="Bishnupriya" class="interlanguage-link-target"><span>বিষ্ণুপ্রিয়া মণিপুরী</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Won_Korea_Utara" title="Won Korea Utara – Indonesian" lang="id" hreflang="id" data-title="Won Korea Utara" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Won_nordcoreano" title="Won nordcoreano – Italian" lang="it" hreflang="it" data-title="Won nordcoreano" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-he mw-list-item"><a href="https://he.wikipedia.org/wiki/%D7%95%D7%95%D7%9F_%D7%A6%D7%A4%D7%95%D7%9F-%D7%A7%D7%95%D7%A8%D7%99%D7%90%D7%A0%D7%99" title="וון צפון-קוריאני – Hebrew" lang="he" hreflang="he" data-title="וון צפון-קוריאני" data-language-autonym="עברית" data-language-local-name="Hebrew" class="interlanguage-link-target"><span>עברית</span></a></li><li class="interlanguage-link interwiki-ka mw-list-item"><a href="https://ka.wikipedia.org/wiki/%E1%83%A9%E1%83%A0%E1%83%93%E1%83%98%E1%83%9A%E1%83%9D%E1%83%94%E1%83%97%E1%83%99%E1%83%9D%E1%83%A0%E1%83%94%E1%83%A3%E1%83%9A%E1%83%98_%E1%83%95%E1%83%9D%E1%83%9C%E1%83%90" title="ჩრდილოეთკორეული ვონა – Georgian" lang="ka" hreflang="ka" data-title="ჩრდილოეთკორეული ვონა" data-language-autonym="ქართული" data-language-local-name="Georgian" class="interlanguage-link-target"><span>ქართული</span></a></li><li class="interlanguage-link interwiki-kv mw-list-item"><a href="https://kv.wikipedia.org/wiki/%D0%92%D0%BE%D0%B9%D0%B2%D1%8B%D0%B2_%D0%9A%D0%BE%D1%80%D0%B5%D1%8F%D1%81%D0%B0_%D0%B2%D0%BE%D0%BD%D0%B0" title="Войвыв Кореяса вона – Komi" lang="kv" hreflang="kv" data-title="Войвыв Кореяса вона" data-language-autonym="Коми" data-language-local-name="Komi" class="interlanguage-link-target"><span>Коми</span></a></li><li class="interlanguage-link interwiki-lt mw-list-item"><a href="https://lt.wikipedia.org/wiki/%C5%A0iaur%C4%97s_Kor%C4%97jos_vona" title="Šiaurės Korėjos vona – Lithuanian" lang="lt" hreflang="lt" data-title="Šiaurės Korėjos vona" data-language-autonym="Lietuvių" data-language-local-name="Lithuanian" class="interlanguage-link-target"><span>Lietuvių</span></a></li><li class="interlanguage-link interwiki-hu mw-list-item"><a href="https://hu.wikipedia.org/wiki/%C3%89szak-koreai_von" title="Észak-koreai von – Hungarian" lang="hu" hreflang="hu" data-title="Észak-koreai von" data-language-autonym="Magyar" data-language-local-name="Hungarian" class="interlanguage-link-target"><span>Magyar</span></a></li><li class="interlanguage-link interwiki-mk mw-list-item"><a href="https://mk.wikipedia.org/wiki/%D0%A1%D0%B5%D0%B2%D0%B5%D1%80%D0%BD%D0%BE%D0%BA%D0%BE%D1%80%D0%B5%D1%98%D1%81%D0%BA%D0%B8_%D0%B2%D0%BE%D0%BD" title="Севернокорејски вон – Macedonian" lang="mk" hreflang="mk" data-title="Севернокорејски вон" data-language-autonym="Македонски" data-language-local-name="Macedonian" class="interlanguage-link-target"><span>Македонски</span></a></li><li class="interlanguage-link interwiki-ml mw-list-item"><a href="https://ml.wikipedia.org/wiki/%E0%B4%B5%E0%B5%8B%E0%B5%BA" title="വോൺ – Malayalam" lang="ml" hreflang="ml" data-title="വോൺ" data-language-autonym="മലയാളം" data-language-local-name="Malayalam" class="interlanguage-link-target"><span>മലയാളം</span></a></li><li class="interlanguage-link interwiki-xmf mw-list-item"><a href="https://xmf.wikipedia.org/wiki/%E1%83%9D%E1%83%9D%E1%83%A0%E1%83%A3%E1%83%94%E1%83%99%E1%83%9D%E1%83%A0%E1%83%94%E1%83%A3%E1%83%9A%E1%83%98_%E1%83%95%E1%83%9D%E1%83%9C%E1%83%90" title="ოორუეკორეული ვონა – Mingrelian" lang="xmf" hreflang="xmf" data-title="ოორუეკორეული ვონა" data-language-autonym="მარგალური" data-language-local-name="Mingrelian" class="interlanguage-link-target"><span>მარგალური</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/Won_Korea_Utara" title="Won Korea Utara – Malay" lang="ms" hreflang="ms" data-title="Won Korea Utara" data-language-autonym="Bahasa Melayu" data-language-local-name="Malay" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-cdo mw-list-item"><a href="https://cdo.wikipedia.org/wiki/Di%C3%A8u-si%C4%93ng_M%C3%ACng-ci%C5%8D-ci%C5%8D-ngi%C3%AA_%C3%8Cng-m%C3%ACng_G%C3%AA%CC%A4%E1%B9%B3ng-hu%C3%B2-gu%C3%B3k_won" title="Dièu-siēng Mìng-ciō-ciō-ngiê Ìng-mìng Gê̤ṳng-huò-guók won – Mindong" lang="cdo" hreflang="cdo" data-title="Dièu-siēng Mìng-ciō-ciō-ngiê Ìng-mìng Gê̤ṳng-huò-guók won" data-language-autonym="閩東語 / Mìng-dĕ̤ng-ngṳ̄" data-language-local-name="Mindong" class="interlanguage-link-target"><span>閩東語 / Mìng-dĕ̤ng-ngṳ̄</span></a></li><li class="interlanguage-link interwiki-mn mw-list-item"><a href="https://mn.wikipedia.org/wiki/%D0%A5%D0%BE%D0%B9%D0%B4_%D0%A1%D0%BE%D0%BB%D0%BE%D0%BD%D0%B3%D0%BE%D1%81_%D0%B2%D0%BE%D0%BD" title="Хойд Солонгос вон – Mongolian" lang="mn" hreflang="mn" data-title="Хойд Солонгос вон" data-language-autonym="Монгол" data-language-local-name="Mongolian" class="interlanguage-link-target"><span>Монгол</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/Noord-Koreaanse_won" title="Noord-Koreaanse won – Dutch" lang="nl" hreflang="nl" data-title="Noord-Koreaanse won" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E6%9C%9D%E9%AE%AE%E6%B0%91%E4%B8%BB%E4%B8%BB%E7%BE%A9%E4%BA%BA%E6%B0%91%E5%85%B1%E5%92%8C%E5%9B%BD%E3%82%A6%E3%82%A9%E3%83%B3" title="朝鮮民主主義人民共和国ウォン – Japanese" lang="ja" hreflang="ja" data-title="朝鮮民主主義人民共和国ウォン" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/Nordkoreansk_won" title="Nordkoreansk won – Norwegian Bokmål" lang="nb" hreflang="nb" data-title="Nordkoreansk won" data-language-autonym="Norsk bokmål" data-language-local-name="Norwegian Bokmål" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-pa mw-list-item"><a href="https://pa.wikipedia.org/wiki/%E0%A8%89%E0%A9%B1%E0%A8%A4%E0%A8%B0%E0%A9%80_%E0%A8%95%E0%A9%8B%E0%A8%B0%E0%A9%80%E0%A8%86%E0%A8%88_%E0%A8%B5%E0%A9%8C%E0%A8%A8" title="ਉੱਤਰੀ ਕੋਰੀਆਈ ਵੌਨ – Punjabi" lang="pa" hreflang="pa" data-title="ਉੱਤਰੀ ਕੋਰੀਆਈ ਵੌਨ" data-language-autonym="ਪੰਜਾਬੀ" data-language-local-name="Punjabi" class="interlanguage-link-target"><span>ਪੰਜਾਬੀ</span></a></li><li class="interlanguage-link interwiki-km mw-list-item"><a href="https://km.wikipedia.org/wiki/%E1%9E%9C%E1%9F%89%E1%9E%BB%E1%9E%93%E1%9E%80%E1%9E%BC%E1%9E%9A%E1%9F%89%E1%9F%81%E1%9E%81%E1%9E%B6%E1%9E%84%E1%9E%87%E1%9E%BE%E1%9E%84" title="វ៉ុនកូរ៉េខាងជើង – Khmer" lang="km" hreflang="km" data-title="វ៉ុនកូរ៉េខាងជើង" data-language-autonym="ភាសាខ្មែរ" data-language-local-name="Khmer" class="interlanguage-link-target"><span>ភាសាខ្មែរ</span></a></li><li class="interlanguage-link interwiki-nds mw-list-item"><a href="https://nds.wikipedia.org/wiki/Noordkoreaansch_Won" title="Noordkoreaansch Won – Low German" lang="nds" hreflang="nds" data-title="Noordkoreaansch Won" data-language-autonym="Plattdüütsch" data-language-local-name="Low German" class="interlanguage-link-target"><span>Plattdüütsch</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Won_p%C3%B3%C5%82nocnokorea%C5%84ski" title="Won północnokoreański – Polish" lang="pl" hreflang="pl" data-title="Won północnokoreański" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Won_norte-coreano" title="Won norte-coreano – Portuguese" lang="pt" hreflang="pt" data-title="Won norte-coreano" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/Won_nord-coreean" title="Won nord-coreean – Romanian" lang="ro" hreflang="ro" data-title="Won nord-coreean" data-language-autonym="Română" data-language-local-name="Romanian" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%A1%D0%B5%D0%B2%D0%B5%D1%80%D0%BE%D0%BA%D0%BE%D1%80%D0%B5%D0%B9%D1%81%D0%BA%D0%B0%D1%8F_%D0%B2%D0%BE%D0%BD%D0%B0" title="Северокорейская вона – Russian" lang="ru" hreflang="ru" data-title="Северокорейская вона" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-sah mw-list-item"><a href="https://sah.wikipedia.org/wiki/%D0%A5%D0%BE%D1%82%D1%83_%D0%9A%D1%8D%D1%80%D0%B8%D1%8D%D0%B9%D1%8D_%D0%B2%D0%BE%D0%BD%D0%B0%D1%82%D0%B0" title="Хоту Кэриэйэ воната – Yakut" lang="sah" hreflang="sah" data-title="Хоту Кэриэйэ воната" data-language-autonym="Саха тыла" data-language-local-name="Yakut" class="interlanguage-link-target"><span>Саха тыла</span></a></li><li class="interlanguage-link interwiki-sr mw-list-item"><a href="https://sr.wikipedia.org/wiki/%D0%A1%D0%B5%D0%B2%D0%B5%D1%80%D0%BD%D0%BE%D0%BA%D0%BE%D1%80%D0%B5%D1%98%D1%81%D0%BA%D0%B8_%D0%B2%D0%BE%D0%BD" title="Севернокорејски вон – Serbian" lang="sr" hreflang="sr" data-title="Севернокорејски вон" data-language-autonym="Српски / srpski" data-language-local-name="Serbian" class="interlanguage-link-target"><span>Српски / srpski</span></a></li><li class="interlanguage-link interwiki-sh mw-list-item"><a href="https://sh.wikipedia.org/wiki/Sjevernokorejski_w%C5%8Fn" title="Sjevernokorejski wŏn – Serbo-Croatian" lang="sh" hreflang="sh" data-title="Sjevernokorejski wŏn" data-language-autonym="Srpskohrvatski / српскохрватски" data-language-local-name="Serbo-Croatian" class="interlanguage-link-target"><span>Srpskohrvatski / српскохрватски</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Pohjois-Korean_won" title="Pohjois-Korean won – Finnish" lang="fi" hreflang="fi" data-title="Pohjois-Korean won" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/Nordkoreansk_won" title="Nordkoreansk won – Swedish" lang="sv" hreflang="sv" data-title="Nordkoreansk won" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-tl mw-list-item"><a href="https://tl.wikipedia.org/wiki/Won_ng_Hilagang_Korea" title="Won ng Hilagang Korea – Tagalog" lang="tl" hreflang="tl" data-title="Won ng Hilagang Korea" data-language-autonym="Tagalog" data-language-local-name="Tagalog" class="interlanguage-link-target"><span>Tagalog</span></a></li><li class="interlanguage-link interwiki-th mw-list-item"><a href="https://th.wikipedia.org/wiki/%E0%B8%A7%E0%B8%AD%E0%B8%99_(%E0%B8%AA%E0%B8%81%E0%B8%B8%E0%B8%A5%E0%B9%80%E0%B8%87%E0%B8%B4%E0%B8%99%E0%B9%80%E0%B8%81%E0%B8%B2%E0%B8%AB%E0%B8%A5%E0%B8%B5%E0%B9%80%E0%B8%AB%E0%B8%99%E0%B8%B7%E0%B8%AD)" title="วอน (สกุลเงินเกาหลีเหนือ) – Thai" lang="th" hreflang="th" data-title="วอน (สกุลเงินเกาหลีเหนือ)" data-language-autonym="ไทย" data-language-local-name="Thai" class="interlanguage-link-target"><span>ไทย</span></a></li><li class="interlanguage-link interwiki-tg mw-list-item"><a href="https://tg.wikipedia.org/wiki/%D0%92%D0%BE%D0%BD%D0%B8_%D0%9A%D0%BE%D1%80%D0%B5%D1%8F%D0%B8_%D0%A8%D0%B8%D0%BC%D0%BE%D0%BB%D3%A3" title="Вони Кореяи Шимолӣ – Tajik" lang="tg" hreflang="tg" data-title="Вони Кореяи Шимолӣ" data-language-autonym="Тоҷикӣ" data-language-local-name="Tajik" class="interlanguage-link-target"><span>Тоҷикӣ</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Kuzey_Kore_wonu" title="Kuzey Kore wonu – Turkish" lang="tr" hreflang="tr" data-title="Kuzey Kore wonu" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-tk mw-list-item"><a href="https://tk.wikipedia.org/wiki/Demirgazyk_Kore%C3%BDa_Won" title="Demirgazyk Koreýa Won – Turkmen" lang="tk" hreflang="tk" data-title="Demirgazyk Koreýa Won" data-language-autonym="Türkmençe" data-language-local-name="Turkmen" class="interlanguage-link-target"><span>Türkmençe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%9F%D1%96%D0%B2%D0%BD%D1%96%D1%87%D0%BD%D0%BE%D0%BA%D0%BE%D1%80%D0%B5%D0%B9%D1%81%D1%8C%D0%BA%D0%B0_%D0%B2%D0%BE%D0%BD%D0%B0" title="Північнокорейська вона – Ukrainian" lang="uk" hreflang="uk" data-title="Північнокорейська вона" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/Won_C%E1%BB%99ng_h%C3%B2a_D%C3%A2n_ch%E1%BB%A7_Nh%C3%A2n_d%C3%A2n_Tri%E1%BB%81u_Ti%C3%AAn" title="Won Cộng hòa Dân chủ Nhân dân Triều Tiên – Vietnamese" lang="vi" hreflang="vi" data-title="Won Cộng hòa Dân chủ Nhân dân Triều Tiên" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-wuu mw-list-item"><a href="https://wuu.wikipedia.org/wiki/%E6%9C%9D%E9%B2%9C%E5%9C%86" title="朝鲜圆 – Wu" lang="wuu" hreflang="wuu" data-title="朝鲜圆" data-language-autonym="吴语" data-language-local-name="Wu" class="interlanguage-link-target"><span>吴语</span></a></li><li class="interlanguage-link interwiki-yo mw-list-item"><a href="https://yo.wikipedia.org/wiki/Won_K%C3%B2r%C3%A9%C3%A0_%C3%80r%C3%ADw%C3%A1" title="Won Kòréà Àríwá – Yoruba" lang="yo" hreflang="yo" data-title="Won Kòréà Àríwá" data-language-autonym="Yorùbá" data-language-local-name="Yoruba" class="interlanguage-link-target"><span>Yorùbá</span></a></li><li class="interlanguage-link interwiki-zh-yue mw-list-item"><a href="https://zh-yue.wikipedia.org/wiki/%E5%8C%97%E9%9F%93%E5%9C%93" title="北韓圓 – Cantonese" lang="yue" hreflang="yue" data-title="北韓圓" data-language-autonym="粵語" data-language-local-name="Cantonese" class="interlanguage-link-target"><span>粵語</span></a></li><li class="interlanguage-link interwiki-bat-smg mw-list-item"><a href="https://bat-smg.wikipedia.org/wiki/%C5%A0iaur%C4%97s_Kuoriej%C4%97s_vuona" title="Šiaurės Kuoriejės vuona – Samogitian" lang="sgs" hreflang="sgs" data-title="Šiaurės Kuoriejės vuona" data-language-autonym="Žemaitėška" data-language-local-name="Samogitian" class="interlanguage-link-target"><span>Žemaitėška</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/%E6%9C%9D%E9%AE%AE%E5%9C%93" title="朝鮮圓 – Chinese" lang="zh" hreflang="zh" data-title="朝鮮圓" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q106720#sitelinks-wikipedia" title="Edit interlanguage links" class="wbc-editpage">Edit links</a></span></div> </div> </div> </div> </header> 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searchaux" style="display:none">Official currency of North Korea</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">This article is about the official currency of North Korea. For the official currency of South Korea (ISO 4217 code KRW), see <a href="/wiki/South_Korean_won" title="South Korean won">South Korean won</a>.</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Not to be confused with the <a href="/wiki/Korean_Empire_won" title="Korean Empire won">Korean won</a>, the official currency of the <a href="/wiki/Korean_Empire" title="Korean Empire">Korean Empire</a>.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox"><caption class="infobox-title">Democratic People's Republic of Korea won</caption><tbody><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><a href="/wiki/File:1959-100won-1.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/1/16/1959-100won-1.jpg/252px-1959-100won-1.jpg" decoding="async" width="252" height="123" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/16/1959-100won-1.jpg/378px-1959-100won-1.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/16/1959-100won-1.jpg/504px-1959-100won-1.jpg 2x" data-file-width="1636" data-file-height="796" /></a></span></td></tr><tr><th colspan="2" class="infobox-header" style="background-color: lightskyblue"><a href="/wiki/ISO_4217" title="ISO 4217">ISO 4217</a></th></tr><tr><th scope="row" class="infobox-label">Code</th><td class="infobox-data">KPW (numeric: <style data-mw-deduplicate="TemplateStyles:r886049734">.mw-parser-output .monospaced{font-family:monospace,monospace}</style><span class="monospaced">408</span>)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/ISO_4217#Minor_unit_decimals" title="ISO 4217">Subunit</a></th><td class="infobox-data"><span class="nowrap"><span data-sort-value="6998100000000000000♠"></span>0.01</span></td></tr><tr><th colspan="2" class="infobox-header" style="background-color: lightskyblue">Unit</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Currency_symbol" title="Currency symbol">Symbol</a></th><td class="infobox-data"><span style="font-size:120%"><a href="/wiki/Won_sign" title="Won sign">₩</a></span>‎</td></tr><tr><th colspan="2" class="infobox-header" style="background-color: lightskyblue"><a href="/wiki/Denomination_(currency)" title="Denomination (currency)">Denominations</a></th></tr><tr><th scope="row" class="infobox-label">Subunit</th><td class="infobox-data"></td></tr><tr><th scope="row" class="infobox-label"><style data-mw-deduplicate="TemplateStyles:r886047488">.mw-parser-output .nobold{font-weight:normal}</style><span class="nobold"> <style data-mw-deduplicate="TemplateStyles:r1154941027">.mw-parser-output .frac{white-space:nowrap}.mw-parser-output .frac .num,.mw-parser-output .frac .den{font-size:80%;line-height:0;vertical-align:super}.mw-parser-output .frac .den{vertical-align:sub}.mw-parser-output .sr-only{border:0;clip:rect(0,0,0,0);clip-path:polygon(0px 0px,0px 0px,0px 0px);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px}</style><span class="frac"><span class="num">1</span>⁄<span class="den">100</span></span></span></th><td class="infobox-data">chon (<span title="Korean-language text"><span lang="ko-Hang">전</span></span>; <span title="Korean-language text"><span lang="ko-Hani">錢</span></span>)</td></tr><tr><th scope="row" class="infobox-label">Banknotes</th><td class="infobox-data"></td></tr><tr><th scope="row" class="infobox-label"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r886047488"><span class="nobold"> Freq. used</span></th><td class="infobox-data">₩100, ₩200, ₩500, ₩1000, ₩2000, ₩5000<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r886047488"><span class="nobold"> Rarely used</span></th><td class="infobox-data">₩5, ₩10, ₩50</td></tr><tr><th scope="row" class="infobox-label">Coins</th><td class="infobox-data"></td></tr><tr><th scope="row" class="infobox-label"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r886047488"><span class="nobold"> Rarely used</span></th><td class="infobox-data">1, 5, 10, 50 chon; ₩1<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup></td></tr><tr><th colspan="2" class="infobox-header" style="background-color: lightskyblue">Demographics</th></tr><tr><th scope="row" class="infobox-label">User(s)</th><td class="infobox-data"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/51/Flag_of_North_Korea.svg/23px-Flag_of_North_Korea.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/51/Flag_of_North_Korea.svg/35px-Flag_of_North_Korea.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/51/Flag_of_North_Korea.svg/46px-Flag_of_North_Korea.svg.png 2x" data-file-width="1600" data-file-height="800" /></span></span> </span><a href="/wiki/North_Korea" title="North Korea">North Korea</a></td></tr><tr><th colspan="2" class="infobox-header" style="background-color: lightskyblue">Issuance</th></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Central_bank" title="Central bank">Central bank</a></span></th><td class="infobox-data"><a href="/wiki/Central_Bank_of_the_Democratic_People%27s_Republic_of_Korea" title="Central Bank of the Democratic People's Republic of Korea">Central Bank of the Democratic People's Republic of Korea</a></td></tr></tbody></table> <table class="infobox" style="width: 22em"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><tbody><tr><td colspan="2" class="infobox-subheader" style="font-size: 125%; color: #202122;background-color: #b0c4de;"><b>Democratic People's Republic of Korea won</b></td></tr><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/Hangul" title="Hangul">Chosŏn'gŭl</a></th><td class="infobox-data"><div style="display: inline; font-size: 1rem;"><span title="Korean-language text"><span lang="ko-Hang">조선민주주의인민공화국 원</span></span></div></td></tr><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/Hanja" title="Hanja">Hancha</a></th><td class="infobox-data"><div style="display: inline; font-size: 1rem;"><span title="Korean-language text"><span lang="ko-Hani">朝鮮民主主義人民共和國圓</span></span></div></td></tr><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/Revised_Romanization_of_Korean" title="Revised Romanization of Korean">Revised Romanization</a></th><td class="infobox-data"><span title="Revised Romanization of Korean transliteration"><i lang="ko-Latn">Joseon minjujuui inmin gonghwaguk won</i></span></td></tr><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/McCune%E2%80%93Reischauer" title="McCune–Reischauer">McCune–Reischauer</a></th><td class="infobox-data"><span title="McCune–Reischauer transliteration"><i lang="ko-Latn">Chosŏn minjujuŭi inmin konghwakuk wŏn</i></span></td></tr><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><tr><th colspan="2" class="infobox-header" style="background-color: #b0c4de;">Korean People's won</th></tr><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/Hangul" title="Hangul">Chosŏn'gŭl</a></th><td class="infobox-data"><div style="display: inline; font-size: 1rem;"><span title="Korean-language text"><span lang="ko-Hang">조선 인민 원</span></span></div></td></tr><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/Hanja" title="Hanja">Hancha</a></th><td class="infobox-data"><div style="display: inline; font-size: 1rem;"><span title="Korean-language text"><span lang="ko-Hani">朝鮮人民圓</span></span></div></td></tr><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/Revised_Romanization_of_Korean" title="Revised Romanization of Korean">Revised Romanization</a></th><td class="infobox-data"><span title="Revised Romanization of Korean transliteration"><i lang="ko-Latn">Joseon-inmin won</i></span></td></tr><tr><th scope="row" class="infobox-label" style="font-weight: normal;"><a href="/wiki/McCune%E2%80%93Reischauer" title="McCune–Reischauer">McCune–Reischauer</a></th><td class="infobox-data"><span title="McCune–Reischauer transliteration"><i lang="ko-Latn">Chosŏn-inmin wŏn</i></span></td></tr><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></tbody></table> <p>The <b>Korean People's won</b>, more commonly known as the <b>North Korean won</b> (<a href="/wiki/Currency_symbol" title="Currency symbol">Symbol</a>: <b>₩</b>; <a href="/wiki/ISO_4217" title="ISO 4217">Code</a>: <b>KPW</b>; <a href="/wiki/Korean_language" title="Korean language">Korean</a>: <span title="Korean-language text"><span lang="ko-Hang">조선 원</span></span>) and sometimes known as the <b>Democratic People's Republic of Korea won</b> (<a href="/wiki/Korean_language" title="Korean language">Korean</a>: <span title="Korean-language text"><span lang="ko-Hang">조선민주주의인민공화국 원</span></span>), is the official currency of <a href="/wiki/North_Korea" title="North Korea">North Korea</a>. It is subdivided into 100 <i>chon</i>. The currency is issued by the <a href="/wiki/Central_Bank_of_the_Democratic_People%27s_Republic_of_Korea" title="Central Bank of the Democratic People's Republic of Korea">Central Bank of the Democratic People's Republic of Korea</a>, based in the North Korean <a href="/wiki/Capital_city" title="Capital city">capital city</a> of <a href="/wiki/Pyongyang" title="Pyongyang">Pyongyang</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Etymology">Etymology</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=1" title="Edit section: Etymology"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Etymology_of_the_Korean_currencies" title="Etymology of the Korean currencies">Etymology of the Korean currencies</a></div> <p><i>Won</i>, like <a href="/wiki/Japanese_yen" title="Japanese yen">Japanese yen</a>, is borrowed from <a href="/wiki/Chinese_yuan" class="mw-redirect" title="Chinese yuan">Chinese yuan</a>, written <a href="/wiki/Hanja" title="Hanja">Hanja</a> <span title="Korean-language text"><span lang="ko"><a href="https://en.wiktionary.org/wiki/%E5%9C%93" class="extiw" title="wikt:圓">圓</a></span></span> (<span title="Korean-language text"><span lang="ko">원</span></span>), which means "round shape". The won is subdivided into 100 chon (<span title="Korean-language text"><span lang="ko-Hang">전</span></span>; <span title="Korean-language text"><span lang="ko-Hani">錢</span></span>; <span title="Korean-language romanization"><i lang="ko-Latn">jeon</i></span>; <span title="Korean-language romanization"><i lang="ko-Latn">chŏn</i></span>). </p> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=2" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/History_of_the_Korean_currencies" class="mw-redirect" title="History of the Korean currencies">History of the Korean currencies</a></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">For the Korean won before the North–South division, see <a href="/wiki/Korean_won_(disambiguation)" class="mw-redirect mw-disambig" title="Korean won (disambiguation)">Korean won</a>.</div> <div class="mw-heading mw-heading3"><h3 id="1947–2009"><span id="1947.E2.80.932009"></span>1947–2009</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=3" title="Edit section: 1947–2009"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>After the <a href="/wiki/Division_of_Korea" title="Division of Korea">division of Korea</a>, North Korea continued using the <a href="/wiki/Korean_yen" title="Korean yen">Korean yen</a> for two years, until the <a href="/wiki/Central_Bank_of_the_Democratic_People%27s_Republic_of_Korea" title="Central Bank of the Democratic People's Republic of Korea">Central Bank of the Democratic People's Republic of Korea</a> was established on 6 December 1947 and the first North Korean won was issued.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> In February 1959, the second North Korean won was introduced, equal to 100 old won. </p><p>From 1978 on, the <a href="/wiki/Government_of_North_Korea" title="Government of North Korea">North Korean government</a> maintained an iconic rate of 2.16 won to the US dollar (which is said to have been based upon <a href="/wiki/Kim_Jong_Il" title="Kim Jong Il">Kim Jong Il</a>'s <a href="/wiki/Day_of_the_Shining_Star" title="Day of the Shining Star">birthday</a>, 16 February).<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> Over the decades, however, rampant inflation eroded the currency's value, and from 2001 the government abandoned the rate in favor of those closer to the black market's. A report by <a href="/wiki/North_Korean_defectors" title="North Korean defectors">defectors from North Korea</a> claimed the black market rate was ₩570 to the <a href="/wiki/Chinese_yuan" class="mw-redirect" title="Chinese yuan">Chinese yuan</a> (about ₩4,000 per U.S. dollar) in June 2009.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="2009_revaluation">2009 revaluation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=4" title="Edit section: 2009 revaluation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The third North Korean won was introduced in a <a href="/wiki/Revaluation" title="Revaluation">revaluation</a> <a href="/w/index.php?title=North_Korean_currency_reform&action=edit&redlink=1" class="new" title="North Korean currency reform (page does not exist)">in November 2009</a><span class="noprint" style="font-size:85%; font-style: normal;"> [<a href="https://ko.wikipedia.org/wiki/%EC%A1%B0%EC%84%A0%EB%AF%BC%EC%A3%BC%EC%A3%BC%EC%9D%98%EC%9D%B8%EB%AF%BC%EA%B3%B5%ED%99%94%EA%B5%AD%EC%9D%98_%ED%99%94%ED%8F%90_%EA%B0%9C%ED%98%81" class="extiw" title="ko:조선민주주의인민공화국의 화폐 개혁">ko</a>]</span>,<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> the first in 50 years.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> North Koreans were given seven days to exchange a maximum of ₩100,000 (worth approximately US$40 on the black market) in ₩1,000 notes for ₩10 notes, but after protests by some of the populace, the limit was raised to ₩150,000 in cash and ₩300,000 in bank savings.<sup id="cite_ref-wp_10-0" class="reference"><a href="#cite_note-wp-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> The official exchange rate at this time was around $740, but black market value of the ₩150,000 was estimated to be near $30.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> The revaluation, seen as a move against private market activity, wiped out many North Koreans' savings.<sup id="cite_ref-wp_10-1" class="reference"><a href="#cite_note-wp-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> <i><a href="/wiki/The_Times" title="The Times">The Times</a></i> speculated that the move may have been an attempt by the North Korean government to control price inflation and destroy the fortunes of local black market money traders.<sup id="cite_ref-The_Times_12-0" class="reference"><a href="#cite_note-The_Times-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> The announcement was made to foreign embassies but not in <a href="/wiki/Media_of_North_Korea" class="mw-redirect" title="Media of North Korea">North Korean state media</a>.<sup id="cite_ref-The_Times_12-1" class="reference"><a href="#cite_note-The_Times-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> </p><p>As part of the process, the old notes ceased to be legal tender on 30 November 2009, but notes valued in the new won were not distributed until 7 December 2009.<sup id="cite_ref-The_Times_12-2" class="reference"><a href="#cite_note-The_Times-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> North Koreans were thus unable to exchange any money for goods or services for a week, and most shops, restaurants and transport services were shut down.<sup id="cite_ref-The_Times_12-3" class="reference"><a href="#cite_note-The_Times-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> The only services that remained open were those catering to the political elite and foreigners who both continued to trade exclusively in foreign currency.<sup id="cite_ref-The_Times_12-4" class="reference"><a href="#cite_note-The_Times-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> The measure led to concerns amongst North Korean officials that the move would result in <a href="/wiki/Civil_unrest" class="mw-redirect" title="Civil unrest">civil unrest</a>. China's <a href="/wiki/Xinhua" class="mw-redirect" title="Xinhua">Xinhua</a> news agency described North Korean citizens as being in a "collective panic";<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> army bases were put on alert and there were unconfirmed reports of public protests in the streets in a handful of North Korean cities and towns, forcing authorities to slightly increase the amount of currency people were allowed to exchange.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> Piles of old bills were also set on fire in separate locations across the country, old paper notes were dumped in a stream (against laws of the desecration of images of Kim Il Sung), and two black market traders were shot dead in the streets of <a href="/wiki/Pyongsong" title="Pyongsong">Pyongsong</a> by local police, according to international reports.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> Authorities threatened "merciless punishment" for any person violating the rules of the currency change.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> </p><p>Pictures of the new notes were published on 4 December 2009 in the <i><a href="/wiki/Choson_Sinbo" title="Choson Sinbo">Chosun Shinbo</a></i>, a North Korean newspaper based in Japan.<sup id="cite_ref-dnk412_18-0" class="reference"><a href="#cite_note-dnk412-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> The paper claimed that the measure would weaken the free market and strengthen the country's socialist system.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> However, the won plummeted 96 percent against the <a href="/wiki/United_States_dollar" title="United States dollar">U.S. dollar</a> in the ensuing days after revaluation.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> Authorities eventually raised the limit to 500,000 won, <i>Chosun</i> reported, and promised no probes into savings of up to one million won, and unlimited withdrawals if savings of more than one million were properly accounted for. </p><p>In February 2010, some of the curbs on the free market were eased, and a senior party official was sacked after incidents of unrest.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Pak_Nam-gi" title="Pak Nam-gi">Pak Nam-gi</a>, the director of the Planning and Finance Department of North Korea's ruling Workers' Party, was executed later in 2010.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> North Korea denied any serious crisis relating to the revaluation.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Coins">Coins</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=5" title="Edit section: Coins"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="First_Won">First Won</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=6" title="Edit section: First Won"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>No coins were issued under the first won of 1947–1959. </p> <div class="mw-heading mw-heading3"><h3 id="Second_Won">Second Won</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=7" title="Edit section: Second Won"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The first North Korean coins for circulation were minted in 1959 in denominations of 1, 5, and 10 chon. These coins were often restruck with the original dates in later years; however, 1970 and 1974 dates also appear on the 1 and 5 chon. In 1978, 50 chon coins featuring the <a href="/wiki/Chollima_Statue" title="Chollima Statue">Chollima Statue</a> and a rising sun were introduced into circulation during the 1979 currency reform to allow greater flexibility for vendors by eliminating the 50 chon banknote and large amounts of "small change" coinage carried. In 1987, 1 won coins featuring the <a href="/wiki/Grand_People%27s_Study_House" title="Grand People's Study House">Grand People's Study House</a> were introduced, but did not fully replace the 1 won note which remained legal tender. </p><p>When the historic 2.16 peg to the dollar was abandoned in 2001 to allow for greater <a href="/wiki/Convertibility" title="Convertibility">convertibility</a> the coins began to lose value. After 2003, these coins were rarely seen in circulation but were still redeemable. Later, a new set of coins was introduced in 2005 in denominations of 5, 10, 50, and 100 won. These coins were less impressive compared to the older series, being very plain and generic in design. All circulation coins of the Second Won were struck in aluminum. </p> <table class="wikitable" style="font-size: 90%"> <caption>Circulated coins </caption> <tbody><tr> <th rowspan="2">Image</th> <th rowspan="2">Value</th> <th colspan="2">Technical parameters</th> <th colspan="2">Description</th> <th colspan="4">Date of minted year </th></tr> <tr> <th>Diameter</th> <th>Composition</th> <th>Obverse</th> <th>Reverse</th> <th>General issue<br />(no star)</th> <th>Socialist visitor<br />(1 star)</th> <th>Capitalist visitor<br />(2 stars)</th> <th>Year last<br />circulated </th></tr> <tr style="background-color:#dcdcdc;"> <td><span typeof="mw:File"><a href="/wiki/File:1959-1jeon.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/0/07/1959-1jeon.jpg/200px-1959-1jeon.jpg" decoding="async" width="200" height="114" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/07/1959-1jeon.jpg/300px-1959-1jeon.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/07/1959-1jeon.jpg/400px-1959-1jeon.jpg 2x" data-file-width="700" data-file-height="400" /></a></span></td> <td>1 chon</td> <td>16 mm</td> <td rowspan="9"><a href="/wiki/Aluminium" title="Aluminium">Aluminium</a><sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> </td> <td rowspan="3">State title, <a href="/wiki/Emblem_of_North_Korea" title="Emblem of North Korea">Coat of arms</a>, year of minting</td> <td rowspan="3">Value, (optionally, star(s)) </td> <td>1959, 1970</td> <td>1959</td> <td>1959</td> <td>? </td></tr> <tr style="background-color:#dcdcdc;"> <td><span typeof="mw:File"><a href="/wiki/File:1959-5jeon.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/1959-5jeon.jpg/200px-1959-5jeon.jpg" decoding="async" width="200" height="114" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/95/1959-5jeon.jpg/300px-1959-5jeon.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/95/1959-5jeon.jpg/400px-1959-5jeon.jpg 2x" data-file-width="700" data-file-height="400" /></a></span></td> <td>5 chon</td> <td>18 mm </td> <td>1959, 1974</td> <td>1974</td> <td>1974</td> <td>? </td></tr> <tr style="background-color:#dcdcdc;"> <td><span typeof="mw:File"><a href="/wiki/File:1959-10jeon.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/a/a5/1959-10jeon.jpg/200px-1959-10jeon.jpg" decoding="async" width="200" height="114" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/a/a5/1959-10jeon.jpg/300px-1959-10jeon.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/a/a5/1959-10jeon.jpg/400px-1959-10jeon.jpg 2x" data-file-width="700" data-file-height="400" /></a></span></td> <td>10 chon</td> <td>20 mm </td> <td>1959</td> <td>1959</td> <td>1959</td> <td>? </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>50 chon</td> <td>25 mm </td> <td>Bank title, Coat of arms, value</td> <td><a href="/wiki/Chollima_Statue" title="Chollima Statue">Chollima Statue</a>, year of minting,<br />(optionally, star(s)) </td> <td>1978</td> <td>1978</td> <td>1978</td> <td>? </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>₩1</td> <td>27 mm </td> <td rowspan="5">Bank title, Coat of arms, value, year of minting</td> <td><a href="/wiki/Grand_People%27s_Study_House" title="Grand People's Study House">Grand People's Study House</a></td> <td>1987</td> <td>N/A</td> <td>N/A</td> <td>? </td></tr> <tr> <td></td> <td>₩5</td> <td>21 mm</td> <td rowspan="4">Value</td> <td>2005</td> <td>N/A</td> <td>N/A</td> <td>2009 </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>₩10</td> <td>23 mm</td> <td>2005</td> <td>N/A</td> <td>N/A</td> <td>2009 </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>₩50</td> <td>25 mm</td> <td>2005</td> <td>N/A</td> <td>N/A</td> <td>2009 </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>₩100</td> <td>27 mm</td> <td>2005</td> <td>N/A</td> <td>N/A</td> <td>2009 </td></tr> <tr> <td colspan="10"><small> For table standards, see the <a href="/wiki/Wikipedia:WikiProject_Numismatics/Style/Currency_article#Specification_table" title="Wikipedia:WikiProject Numismatics/Style/Currency article">coin specification table</a>.</small> </td></tr></tbody></table> <p>Following other <a href="/wiki/Socialist" class="mw-redirect" title="Socialist">socialist</a> economies like Cuba and China, North Korea developed a special system of marking coins for two groups of foreign visitors. Issued in 1983, these coins were part of the "Pakkundon" convertible series. Coins with no "stars" were for general circulation in North Korea, coins marked with one star were for "socialist visitors", and coins marked with two stars were designated for "capitalist visitors". A fourth set, intended for collectors rather than circulation, was struck with the word "specimen" or "example" in Korean characters in the areas where the stars would be. The specimen/example set is the least common of the four. Besides the general circulating coins, there is an abundance of different commemorative coins minted in the name of the DPRK. Most, if not all of them, are sold to foreign <a href="/wiki/Numismatist" title="Numismatist">numismatists</a>. Some of these are official, state approved coins, others are not. </p> <div class="mw-heading mw-heading3"><h3 id="Third_Won">Third Won</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=8" title="Edit section: Third Won"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Coins were issued in 10, 50 chon and 1 won denominations in 2002, and 1 and 5 chon denominations in 2008. All denominations are struck in aluminum. These coins feature the national coat of arms on the obverse and flowers, particularly the <a href="/wiki/Kimjongilia" title="Kimjongilia">Kimjongilia</a> and the <a href="/wiki/Kimilsungia" title="Kimilsungia">Kimilsungia</a>, on the reverse of the 10 and 50 chon coins. A magnolia adorns the 1 won coin.<sup id="cite_ref-dnk412_18-1" class="reference"><a href="#cite_note-dnk412-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </p><p>Initially struck in 2002, the coins were intended for use shortly after the dollar peg was removed from the currency. The 50 chon and 1 won coins were smaller than the previous designs, while the new 10 chon coin was the same size as the old. Hyperinflation became a very sudden reality, however, and the new coins were never released as planned. In 2008, 1 and 5 chon coins were also struck when a plan for monetary revaluation began. The coins were finally released into circulation in December 2009, but due to the flawed nature of the revaluation, these coins again have very little value, the 1 and 5 chon coins in particular being virtually irrelevant. </p> <table class="wikitable" style="font-size: 90%"> <caption>Circulated coins </caption> <tbody><tr> <th rowspan="2">Image</th> <th rowspan="2">Value</th> <th colspan="3">Technical parameters</th> <th colspan="2">Description</th> <th rowspan="2">Date of minted year </th></tr> <tr> <th>Diameter</th> <th>Mass</th> <th>Composition</th> <th>Obverse</th> <th>Reverse </th></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>1 chon</td> <td>18.0 mm</td> <td>0.8 g</td> <td rowspan="5"><a href="/wiki/Aluminium" title="Aluminium">Aluminium</a><sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup></td> <td rowspan="5">Coat of arms, Value</td> <td>Royal azalea, Year of minting</td> <td>2008 </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>5 chon</td> <td>19.0 mm</td> <td>0.9 g </td> <td>Tree peony, Year of minting</td> <td>2008 </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>10 chon</td> <td>20.0 mm</td> <td>1.0 g </td> <td>Azalea, Year of minting</td> <td>2002 </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>50 chon</td> <td>22.1 mm</td> <td>1.55 g </td> <td>Kimjongilia, Year of minting</td> <td>2002 </td></tr> <tr style="background-color:#dcdcdc;"> <td></td> <td>₩1</td> <td>24.1 mm</td> <td>1.9 g </td> <td>Kimilsungia, Year of minting</td> <td>2002 </td></tr> <tr> <td colspan="8"><small> For table standards, see the <a href="/wiki/Wikipedia:WikiProject_Numismatics/Style/Currency_article#Specification_table" title="Wikipedia:WikiProject Numismatics/Style/Currency article">coin specification table</a>.</small> </td></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="Banknotes">Banknotes</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=9" title="Edit section: Banknotes"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The first banknotes of "North Korea" were issued in 1945 by the Soviet-backed provisional government above the <a href="/wiki/38th_parallel_north" title="38th parallel north">38th parallel</a>. These were in denominations of 1, 5, 10, and 100 won. These were discontinued shortly after Soviet forces withdrew and recognized the newly independent state. </p> <div class="mw-heading mw-heading3"><h3 id="First_Won_2">First Won</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=10" title="Edit section: First Won"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>This currency was issued in all-banknote form, with the first banknotes of this issue in denominations of 15, 20, and 50 chon along with 1, 5, 10 and 100 won in 1947. The chon notes had stylized art designs, while the won denominations were fairly uniform in design, featuring a farmer and a worker standing together and holding the symbolic tools. This currency was later revalued in 1959 at a rate of one new won to 100 old won to curb the inflation that had occurred as a result of the <a href="/wiki/Korean_War" title="Korean War">Korean War</a>.<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Second_Won_2">Second Won</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=11" title="Edit section: Second Won"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 1959, the old won was replaced with the Second Won, with price and exchange rates fixed to the U.S. dollar. This banknote series was issued in denominations of 50 chon, and 1, 5, 10, 50, and 100 won. These notes were much larger than the previous issue and depicted images representing various industries in the North Korean economy. </p><p>In 1979, the currency was again reformed, and a new banknote series was issued in denominations of 1, 5, 10, 50, and 100 won. There is ongoing speculation as to why this move was made. All 1959 banknotes were removed from circulation. Circulating coins, however, were not affected by this change. The designs for this issue were much more symbolic and charismatic than previous ones, with Kim Il Sung featuring for the first time on the 100 won note. </p><p>In 1992, another redesign was carried out for banknotes, again in denominations of 1, 5, 10, 50, and 100 won. Older notes were once again withdrawn. These notes were smaller and crisper than the previous issue and depicted more modern themes. The 5 and 10 won banknotes were again issued in 1998, along with a 500 won banknote that same year but were stamped rather than engraved reflecting poorer production quality. In 2002, 1,000 and 5,000 won notes were introduced, followed by a 200 won note in 2005. The former two were identical in design to the 100 won though differing in colors and added security features, but the colored fields behind the text no longer extended all the way to the margins. In 2007, the 500 won had also been revised in this same manner along with being engraved for the first time to protect against counterfeiting. From 1998 onwards, all notes were dated using the <a href="/wiki/North_Korean_calendar" class="mw-redirect" title="North Korean calendar">Juche year</a> (Juche year) along with the standard dating. </p><p>In 2005, the Central Bank of the Democratic People's Republic of Korea issued commemorative 200, 500, 1000 and 5000 won notes to celebrate the 60th anniversary of the foundation of North Korea. It consists of an overprint on its regular issue notes. </p><p>In 2007, a commemorative version of this banknote series was released, stamped "Great Leader Comrade Kim Il Sung's 95th Birthday" on all denominations. </p> <table class="wikitable" style="font-size: 90%"> <caption>Banknotes of the North Korean won (1978 issue) </caption> <tbody><tr> <th>Obverse</th> <th>Reverse</th> <th>Main color</th> <th>Value</th> <th>Obverse</th> <th>Reverse </th></tr> <tr> <td> </td> <td> </td> <td>Olive-green </td> <td>₩1 </td> <td>A student, woman and children </td> <td>Male and female soldiers; Yang Helyong (scenes from the opera <i><a href="/wiki/Sea_of_Blood" title="Sea of Blood">Sea of Blood</a></i>) </td></tr> <tr> <td> </td> <td> </td> <td>Blue-gray </td> <td>₩5 </td> <td>Worker with a cogwheel and holding a political book; peasant woman holding a sheaf of wheat; factories in the background </td> <td><a href="/wiki/Mount_Kumgang" title="Mount Kumgang">Mount Kumgang</a> </td></tr> <tr> <td> </td> <td> </td> <td>Brown </td> <td>₩10 </td> <td><a href="/wiki/Chollima" class="mw-redirect" title="Chollima">Chollima</a> </td> <td><a href="/wiki/Chollima_Steel_Complex" title="Chollima Steel Complex">Chollima Steel Complex</a> </td></tr> <tr> <td> </td> <td> </td> <td>Olive-green </td> <td>₩50 </td> <td>Soldier; peasant woman; officials of the <a href="/wiki/Workers%27_Party_of_Korea" title="Workers' Party of Korea">Workers' Party of Korea</a> </td> <td>Lake </td></tr> <tr> <td> </td> <td> </td> <td>Brown and lilac </td> <td>₩100 </td> <td><a href="/wiki/Kim_Il_Sung" title="Kim Il Sung">Kim Il Sung</a> </td> <td><a href="/wiki/Mangyongdae-guyok" title="Mangyongdae-guyok">Mangyongdae</a> (the birthplace of Kim Il Sung) </td></tr> </tbody></table> <p><a href="/wiki/Banknote" title="Banknote">Banknotes</a> in circulation for the second won, up to December 2009, were as follows: </p> <table class="wikitable" style="font-size: 90%"> <caption>1992 series </caption> <tbody><tr> <th rowspan="2">Obverse</th> <th rowspan="2">Reverse</th> <th rowspan="2">Value</th> <th rowspan="2">Dimensions</th> <th rowspan="2">Main Color</th> <th colspan="3">Description</th> <th rowspan="2">Date of issue </th></tr> <tr> <th>Obverse</th> <th>Reverse</th> <th>Watermark </th></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>₩1 </td> <td>116 × 55 mm </td> <td>Green </td> <td>Actress Hong Yong-hee in her film role as <i><a href="/wiki/The_Flower_Girl" title="The Flower Girl">The Flower Girl</a></i> </td> <td><a href="/wiki/Mount_Kumgang" title="Mount Kumgang">Mount Kumgang</a> </td> <td rowspan="5"><a href="/wiki/Chollima_Statue" title="Chollima Statue">Chollima Statue</a> </td> <td>1992 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td rowspan="2">₩5 </td> <td rowspan="2">126 × 60 mm </td> <td rowspan="2">Blue </td> <td rowspan="2">Students, <a href="/wiki/Kim_Il_Sung_University" title="Kim Il Sung University">Kim Il Sung University</a>, <a href="/wiki/Mangyongdae_Children%27s_Palace" title="Mangyongdae Children's Palace">Mangyongdae School Children's Palace</a> </td> <td rowspan="2"><a href="/wiki/Grand_People%27s_Study_House" title="Grand People's Study House">Grand People's Study House</a> </td> <td>1992 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>1998 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td rowspan="2">₩10 </td> <td rowspan="2">136 × 65 mm </td> <td rowspan="2">Brown-orange </td> <td rowspan="2">Factory worker, <a href="/wiki/Chollima" class="mw-redirect" title="Chollima">Chollima</a> (1,000 ri horse) </td> <td rowspan="2">Pi Do Island, Western sea barrage and locks at Taedong River(Taedong-gang) </td> <td>1992 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>1998 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>₩50 </td> <td>146 × 70 mm </td> <td>Orange </td> <td>Young professionals, <a href="/wiki/Juche_Tower" title="Juche Tower">Juche Tower</a> </td> <td><a href="/wiki/Paektu_Mountain" title="Paektu Mountain">Mount Paektu</a> </td> <td><a href="/wiki/Juche_Tower" title="Juche Tower">Juche Tower</a> </td> <td>1992 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>₩100 </td> <td>156 × 75 mm </td> <td>Red and brown </td> <td><a href="/wiki/Kim_Il_Sung" title="Kim Il Sung">Kim Il Sung</a> </td> <td>The birthplace of <a href="/wiki/Kim_Il_Sung" title="Kim Il Sung">Kim Il Sung</a>, <a href="/wiki/Mangyongdae-guyok" title="Mangyongdae-guyok">Mangyongdae-guyok</a> </td> <td><a href="/wiki/Arch_of_Triumph_(Pyongyang)" title="Arch of Triumph (Pyongyang)">Arch of Triumph</a> </td> <td>1992 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>₩200 </td> <td>140 × 72 mm </td> <td>Blue and green </td> <td><a href="/wiki/Magnolia" title="Magnolia">Mongnan</a> (National Flower of North Korea) </td> <td>Value </td> <td><a href="/wiki/Chollima_Statue" title="Chollima Statue">Chollima Statue</a> </td> <td>2005 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td rowspan="2">₩500 </td> <td rowspan="6">156 × 75 mm </td> <td rowspan="2">Dark green </td> <td rowspan="2"><a href="/wiki/Kumsusan_Palace_of_the_Sun" title="Kumsusan Palace of the Sun">Kumsusan Memorial Palace</a> </td> <td rowspan="2"><a href="/wiki/Chongryu_Bridge" title="Chongryu Bridge">Chongryu Bridge</a><sup id="cite_ref-Encyber_28-0" class="reference"><a href="#cite_note-Encyber-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup> </td> <td rowspan="6"><a href="/wiki/Arch_of_Triumph_(Pyongyang)" title="Arch of Triumph (Pyongyang)">Arch of Triumph</a> </td> <td>1998 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>2007 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td rowspan="2">₩1000 </td> <td rowspan="2">Green-cyan </td> <td rowspan="4"><a href="/wiki/Kim_Il_Sung" title="Kim Il Sung">Kim Il Sung</a> </td> <td rowspan="4">The birthplace of <a href="/wiki/Kim_Il_Sung" title="Kim Il Sung">Kim Il Sung</a>, <a href="/wiki/Mangyongdae-guyok" title="Mangyongdae-guyok">Mangyongdae-guyok</a> </td> <td>2002 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>2006 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td rowspan="2">₩5000 </td> <td rowspan="2">Violet </td> <td>2002 </td></tr> <tr> <td align="center" bgcolor="#000000"> </td> <td align="center" bgcolor="#000000"> </td> <td>2006 </td></tr> </tbody></table> <div class="mw-heading mw-heading3"><h3 id="Third_won_2">Third won</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=12" title="Edit section: Third won"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2009, <a href="/w/index.php?title=North_Korean_currency_reform&action=edit&redlink=1" class="new" title="North Korean currency reform (page does not exist)">another currency reform</a><span class="noprint" style="font-size:85%; font-style: normal;"> [<a href="https://ko.wikipedia.org/wiki/%EC%A1%B0%EC%84%A0%EB%AF%BC%EC%A3%BC%EC%A3%BC%EC%9D%98%EC%9D%B8%EB%AF%BC%EA%B3%B5%ED%99%94%EA%B5%AD%EC%9D%98_%ED%99%94%ED%8F%90_%EA%B0%9C%ED%98%81" class="extiw" title="ko:조선민주주의인민공화국의 화폐 개혁">ko</a>]</span> was initiated to tackle hyperinflation and black market activities. Unlike previous reforms, the 2009 move sparked a nationwide panic when it was announced there would be a two-week waiting period between the withdrawal of the old currency and the introduction of the new currency, coupled with an exchange limit of only 500,000 old won for each person, effectively wiping out savings. The state eventually pulled back on most exchange limits; however, the revaluation proved to be a failure. </p><p>Like the coins for this series, some of the denominations were initially printed in 2002 but were never released into circulation, pointing to a planned monetary revaluation much earlier than 2009 that was never carried out. </p><p>The current series of banknotes of the third won are issued in denominations of 5, 10, 50, 100, 200, 500, 1,000, 2,000, and 5,000 won. <a href="/wiki/Kim_Il_Sung" title="Kim Il Sung">Kim Il Sung</a> is depicted only on the obverse of the highest denomination, with the 100 won note featuring the <a href="/wiki/Magnolia" title="Magnolia">Magnolia</a> (National Flower) and other notes depicting North Koreans of different professions and various monuments in North Korea.<sup id="cite_ref-dnk412_18-2" class="reference"><a href="#cite_note-dnk412-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> The exchange rate was 100 second won to 1 third won.<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> </p><p>Unlike all previous series, these notes were all uniform in dimensions rather than staggered in size from smallest to largest. There are rumors that the original designs for the 1,000 and 2,000 won notes depicted Kim Il Sung and had similar design features to the 5,000 won that were scrapped and destroyed due to counterfeiters or thieves breaking into a bank warehouse and stealing early notes or printing materials, resulting in a total redesign of the two denominations in question. </p><p>In 2012, another commemorative series of banknotes was released, this time in the 2002–2009 series but similarly stamped "Great Leader Comrade Kim Il Sung's 100th Birthday". Once again this stamp appeared on all denominations.<sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> </p><p>In 2018, 1,000 and 2,000 won notes were released with an overprint referencing the 70th Anniversary of its independence. </p><p>On 25 July 2014, a new 5,000 won note dated 2013 was released into circulation. Instead of depicting the portrait of North Korea's founder Kim Il Sung, the note depicts an image of his birthplace in Mangyondae and on the back the <a href="/wiki/International_Friendship_Exhibition" title="International Friendship Exhibition">International Friendship Exhibition</a> in <a href="/wiki/Myohyangsan" class="mw-redirect" title="Myohyangsan">Myohyangsan</a> that displays gifts he and his son Kim Jong Il received from foreign leaders.<sup id="cite_ref-32" class="reference"><a href="#cite_note-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-34" class="reference"><a href="#cite_note-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">[</span>35<span class="cite-bracket">]</span></a></sup> There has been ongoing speculation that this could indicate plans for higher denominations to be released later which would depict Kim Il Sung, Kim Jong Il, or possibly both. However the official reason behind the change was to combat counterfeiters. </p> <table class="wikitable" style="font-size: 90%"> <caption>2009 and 2013 issues<sup id="cite_ref-dnk412_18-3" class="reference"><a href="#cite_note-dnk412-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </caption> <tbody><tr> <th rowspan="2">Value </th> <th rowspan="2">Dimensions </th> <th colspan="2" rowspan="2">Main colour </th> <th colspan="3">Description </th> <th colspan="2">Date of </th> <th rowspan="2"><abbr title="References">Ref.</abbr> </th></tr> <tr> <th>Obverse </th> <th>Reverse </th> <th>Watermark </th> <th>printing </th> <th>issue </th></tr> <tr> <td>₩5 </td> <td>145 × 65 mm </td> <td style="background:#80A0C0;width:0"></td> <td>Navy blue </td> <td>Atomic symbol, <a href="/wiki/Workers%27_Party_of_Korea" title="Workers' Party of Korea">Party members</a> </td> <td><a href="/wiki/Hwanggang_Dam" title="Hwanggang Dam">Hwanggang Hydroelectric Dam</a> </td> <td><a href="/wiki/Magnolia_sieboldii" title="Magnolia sieboldii">Mongnan</a> </td> <td><i><a href="/wiki/Juche_calendar" title="Juche calendar">Juche</a></i> 91<br />(2002) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw5_36-0" class="reference"><a href="#cite_note-bn-2009-kpw5-36"><span class="cite-bracket">[</span>36<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>₩10 </td> <td>145 × 65 mm </td> <td style="background:#90B080"></td> <td>Olive green </td> <td><a href="/wiki/Korean_People%27s_Army_Ground_Force" title="Korean People's Army Ground Force">Korean People's Army Ground Force</a> emblem, <a href="/wiki/Korean_People%27s_Army" title="Korean People's Army">Soldiers</a> (<a href="/wiki/Korean_People%27s_Army_Air_and_Anti-Air_Force" class="mw-redirect" title="Korean People's Army Air and Anti-Air Force">Air Force</a>, <a href="/wiki/Korean_People%27s_Navy" title="Korean People's Navy">Navy</a>, <a href="/wiki/Korean_People%27s_Army_Ground_Force" title="Korean People's Army Ground Force">Army</a>) </td> <td><a href="https://commons.wikimedia.org/wiki/Category:Statue_of_Victory_(Pyongyang)" class="extiw" title="commons:Category:Statue of Victory (Pyongyang)">Statue of Victory</a> in <a href="/wiki/Pyongyang" title="Pyongyang">Pyongyang</a> </td> <td>Mongnan </td> <td><i>Juche</i> 91<br />(2002) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw10/50_37-0" class="reference"><a href="#cite_note-bn-2009-kpw10/50-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>₩50 </td> <td>145 × 65 mm </td> <td style="background:#A080C0"></td> <td>Indigo </td> <td>Flame from the <a href="/wiki/Juche_Tower" title="Juche Tower"><i>Juche</i> Tower</a> in Pyongyang, Man in business suit, Man in overalls, Woman </td> <td><a href="/wiki/Monument_to_Party_Founding" title="Monument to Party Founding">Monument to Party Founding</a> in Pyongyang </td> <td>Mongnan </td> <td><i>Juche</i> 91<br />(2002) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw10/50_37-1" class="reference"><a href="#cite_note-bn-2009-kpw10/50-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>₩100 </td> <td>145 × 65 mm </td> <td style="background:#80C080"></td> <td>Green </td> <td>Mongnan (<i><a href="/wiki/Magnolia_sieboldii" title="Magnolia sieboldii">Magnolia sieboldii</a></i>) </td> <td>Denomination </td> <td>Mongnan </td> <td><i>Juche</i> 97<br />(2008) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw100_38-0" class="reference"><a href="#cite_note-bn-2009-kpw100-38"><span class="cite-bracket">[</span>38<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>₩200 </td> <td>145 × 65 mm </td> <td style="background:#E080E0"></td> <td>Violet </td> <td><a href="/wiki/Chollima_Statue" title="Chollima Statue">Chollima Statue</a> in Pyongyang </td> <td>Denomination </td> <td>Mongnan </td> <td><i>Juche</i> 97<br />(2008) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw200_39-0" class="reference"><a href="#cite_note-bn-2009-kpw200-39"><span class="cite-bracket">[</span>39<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>₩500 </td> <td>145 × 65 mm </td> <td style="background:#C0C0C0"></td> <td>Grey </td> <td><a href="/wiki/Arch_of_Triumph_(Pyongyang)" title="Arch of Triumph (Pyongyang)">Arch of Triumph</a> in Pyongyang </td> <td>Denomination </td> <td>Mongnan </td> <td><i>Juche</i> 97<br />(2008) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw500_40-0" class="reference"><a href="#cite_note-bn-2009-kpw500-40"><span class="cite-bracket">[</span>40<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>₩1,000 </td> <td>145 × 65 mm </td> <td style="background:#FF80C0"></td> <td>Pink </td> <td>Birthplace of <a href="/wiki/Kim_Jong_Suk" title="Kim Jong Suk">Kim Jong Suk</a> in <a href="/wiki/Hoeryong" title="Hoeryong">Hoeryong</a> </td> <td>Trees on the shore of <a href="/wiki/Samji_Lake" title="Samji Lake">Samji Lake</a> </td> <td>Mongnan </td> <td><i>Juche</i> 97<br />(2008) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw1000_41-0" class="reference"><a href="#cite_note-bn-2009-kpw1000-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>₩2,000 </td> <td>145 × 65 mm </td> <td style="background:#80C0FF"></td> <td>Blue </td> <td><a href="/wiki/Kim_Jong_Il#Birth" title="Kim Jong Il">Alleged</a> <a href="https://commons.wikimedia.org/wiki/Category:Paekdusan_Secret_Camp" class="extiw" title="commons:Category:Paekdusan Secret Camp">birthplace</a> of <a href="/wiki/Kim_Jong_Il" title="Kim Jong Il">Kim Jong Il</a>, <a href="/wiki/Jong-il_Peak" class="mw-redirect" title="Jong-il Peak">Jong-il Peak</a> </td> <td><a href="/wiki/Paektu_Mountain" title="Paektu Mountain">Paektu Mountain</a> </td> <td>Mongnan </td> <td><i>Juche</i> 97<br />(2008) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw2000_42-0" class="reference"><a href="#cite_note-bn-2009-kpw2000-42"><span class="cite-bracket">[</span>42<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-bbc-20090116_43-0" class="reference"><a href="#cite_note-bbc-20090116-43"><span class="cite-bracket">[</span>43<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td rowspan="2">₩5,000 </td> <td rowspan="2">145 × 65 mm </td> <td rowspan="2" style="background:#C0A080"></td> <td rowspan="2">Brown </td> <td>Star, <a href="/wiki/Kim_Il_Sung" title="Kim Il Sung">Kim Il Sung</a>, Mongnan (<i>Magnolia sieboldii</i>) </td> <td><a href="/wiki/Mangyongdae" title="Mangyongdae">Mangyongdae</a> (alleged birthplace of Kim Il Sung) in Pyongyang </td> <td rowspan="2">Mongnan </td> <td><i>Juche</i> 97<br />(2008) </td> <td>30 November 2009 </td> <td><sup id="cite_ref-bn-2009-kpw5000a_44-0" class="reference"><a href="#cite_note-bn-2009-kpw5000a-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td>Mangyongdae (alleged birthplace of Kim Il Sung) in Pyongyang </td> <td><a href="/wiki/International_Friendship_Exhibition" title="International Friendship Exhibition">International Friendship Exhibition</a> at <a href="/wiki/Mount_Myohyang" title="Mount Myohyang">Mount Myohyang</a> </td> <td><i>Juche</i> 102<br />(2013) </td> <td>2014 </td> <td><sup id="cite_ref-bn-2009-kpw5000b_45-0" class="reference"><a href="#cite_note-bn-2009-kpw5000b-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td colspan="10"><small> For table standards, see the <a href="/wiki/Wikipedia:WikiProject_Numismatics/Style/Currency_article#Specification_table_2" title="Wikipedia:WikiProject Numismatics/Style/Currency article">banknote specification table</a>.</small> </td></tr></tbody></table> <div class="mw-heading mw-heading3"><h3 id="Donpyo_emergency_currency"><i>Donpyo</i> emergency currency</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=13" title="Edit section: Donpyo emergency currency"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Lockdowns due to the <a href="/wiki/COVID-19_pandemic" title="COVID-19 pandemic">COVID-19 pandemic</a> have caused shortages in ink and paper used to print regular KPW banknotes, resulting in the issuance in the second half of 2021 of an emergency currency printed with the word <i>donpyo</i> (돈표 or "money coupon"). The coupons are in denominations of 5,000 won, printed in red ink, and 50,000 won, printed in green ink, both on white paper of poor quality.<sup id="cite_ref-46" class="reference"><a href="#cite_note-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-47" class="reference"><a href="#cite_note-47"><span class="cite-bracket">[</span>47<span class="cite-bracket">]</span></a></sup> </p><p>Shortages in regular KPW banknotes after 2020 have also resulted in a premium in their exchange values in the black markets. The <i>donpyo</i> is discounted versus regular banknotes at only 3,800-4,000 KPW, and KPW banknotes have even appreciated versus the US dollar from 8,000 KPW to 5,200 KPW/USD.<sup id="cite_ref-48" class="reference"><a href="#cite_note-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Exchange_rates">Exchange rates</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=14" title="Edit section: Exchange rates"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The North Korean won is not traded in the international markets. It is traded in the unofficial black markets at around US$1 = 8,000 KPW as of 2019. It is believed that due to the COVID-19 pandemic reducing the (mostly illegal) trading activities with the outside world, the valuation of KPW had risen to around $1 = 5,000 KPW as of 2021. </p> <div class="mw-heading mw-heading2"><h2 id="Concurrent_use_with_foreign_currencies">Concurrent use with foreign currencies</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=15" title="Edit section: Concurrent use with foreign currencies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Before_2009">Before 2009</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=16" title="Edit section: Before 2009"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>North Korean won are intended exclusively for North Korean citizens, and the Bank of Trade (<span title="Korean-language text"><span lang="ko-Hang">무역은행</span></span>) issued a separate currency (or <a href="/wiki/Foreign_exchange_certificate" title="Foreign exchange certificate">foreign exchange certificates</a>) for visitors, like many other <a href="/wiki/Socialist_state" title="Socialist state">socialist states</a>. However, North Korea made two varieties of foreign exchange certificates, one for visitors from "socialist countries" which were colored red and hence nicknamed "red won",<sup id="cite_ref-dailynk_49-0" class="reference"><a href="#cite_note-dailynk-49"><span class="cite-bracket">[</span>49<span class="cite-bracket">]</span></a></sup> and the other for visitors from "capitalist countries" which were colored blue/green and hence known as "blue won".<sup id="cite_ref-dailynk_49-1" class="reference"><a href="#cite_note-dailynk-49"><span class="cite-bracket">[</span>49<span class="cite-bracket">]</span></a></sup> </p><p>For the 1978 banknote series, foreign certificates, called "Pakkundon", meaning "exchangeable money" were implemented by an overstamp and serial number color. This was intended to protect the value of the national currency in North Korea's <a href="/wiki/Command_economy" class="mw-redirect" title="Command economy">command economy</a>. These were first released in 1983 in two forms, one for "socialist visitors" which had a red stamp, and one for "capitalist visitors" which had a green stamp. Another series was released in 1986 with either a blue or red <a href="/wiki/Guilloch%C3%A9" title="Guilloché">Guilloché</a> style stamp. These were issued in all denominations, except for the ₩100 note, presumably because it was assumed by the government that foreign visitors to North Korea would not show proper respect for its depiction of Kim Il Sung. These notes were discontinued in 1988 and replaced with a new series of Pakkundon in all banknote form that was more distinguishable and unmistakable from generic circulation currency. </p> <table class="wikitable" style="font-size: 90%"> <caption>Variation of the 1978 series </caption> <tbody><tr> <th>Overstamp</th> <th>Serial number color</th> <th>Target users </th></tr> <tr> <td>None</td> <td>1 red, 1 black</td> <td>General circulation </td></tr> <tr> <td>Green with Korean text</td> <td>2 black</td> <td>Socialist visitors 1983 </td></tr> <tr> <td>Red with Korean text</td> <td>2 red</td> <td>Capitalist visitors 1983 </td></tr> <tr> <td>Red <a href="/wiki/Guilloch%C3%A9" title="Guilloché">guilloché</a> with numeral</td> <td>2 red</td> <td>Capitalist visitors 1986 </td></tr> <tr> <td>Blue guilloché with numeral</td> <td>2 black</td> <td>Socialist visitors 1986 </td></tr></tbody></table> <p>In 1988, the Bank of Trade (<span title="Korean-language text"><span lang="ko-Hang">무역은행</span></span>) (as opposed to the Central Bank) issued two unique series of foreign certificates. They both included 1 chon, 5 chon, 10 chon, 50 chon, ₩1, ₩5, ₩10, and ₩50. The series for "capitalist visitors" was blue-green, while the series for "socialist visitors" was pink.<sup id="cite_ref-50" class="reference"><a href="#cite_note-50"><span class="cite-bracket">[</span>50<span class="cite-bracket">]</span></a></sup> The chon notes had a simple design of patterns and corresponding values, while the socialist won notes depict the <a href="/wiki/International_Friendship_Exhibition" title="International Friendship Exhibition">International Friendship Exhibition</a>, and the capitalist won notes depict the <a href="/wiki/Chollima_Statue" title="Chollima Statue">Chollima Statue</a>.<sup id="cite_ref-bn_51-0" class="reference"><a href="#cite_note-bn-51"><span class="cite-bracket">[</span>51<span class="cite-bracket">]</span></a></sup> </p><p>FECs were used until 1999, then officially abolished in 2002, in favor of visitors paying directly with hard currencies.<sup id="cite_ref-52" class="reference"><a href="#cite_note-52"><span class="cite-bracket">[</span>52<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Since_2009">Since 2009</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=17" title="Edit section: Since 2009"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>After the 2009 revaluation, the BBC reported that in some department stores in <a href="/wiki/Pyongyang" title="Pyongyang">Pyongyang</a>, the North Korean won was not accepted; the stores take only <a href="/wiki/Japanese_yen" title="Japanese yen">Japanese yen</a> and <a href="/wiki/United_States_dollar" title="United States dollar">U.S. dollars</a>.<sup id="cite_ref-53" class="reference"><a href="#cite_note-53"><span class="cite-bracket">[</span>53<span class="cite-bracket">]</span></a></sup> As of 2018, it had evolved to most North Korean stores accepting <a href="/wiki/United_States_dollar" title="United States dollar">U.S. dollars</a>, <a href="/wiki/Euro" title="Euro">euros</a> and Chinese yuan/<a href="/wiki/Renminbi" title="Renminbi">renminbi</a>, with change from transactions primarily returned in renminbi or U.S. dollars.<sup id="cite_ref-54" class="reference"><a href="#cite_note-54"><span class="cite-bracket">[</span>54<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-55" class="reference"><a href="#cite_note-55"><span class="cite-bracket">[</span>55<span class="cite-bracket">]</span></a></sup> </p><p>Foreign visitors (and privileged locals) can buy goods priced in 'tied' won using a local debit card, which is credited when exchanging foreign currency at the official bank rate of around 104 won/USD or 130 won/EUR (as of 2012). This card can be used for instance at the famous <a href="/wiki/Pyongyang_Department_Store_No._1" title="Pyongyang Department Store No. 1">Pyongyang Department Store No. 1</a> or at the different stores at the international hotels, where the goods are priced at the tied won rate. This tied won does not exist in the form of bank notes, and is effectively a separate currency and accounting unit for sales involving foreign exchange. </p><p>In normal stores and markets, goods are priced in what has been called the 'untied' won or free market rate which is represented by regular KPW banknotes. At for instance the <a href="/wiki/Tongil_Market" title="Tongil Market">Tongil Market</a> and the Kwangbok Department Store (a.k.a. the Chinese Market) there are semi-official exchange agents who will give in regular banknotes around 8,000 KPW/USD or 10,000 KPW/EUR to locals and foreign visitors alike (as of 2012, or 77 times the tied or official rate). The untied KPW is used for prices in normal shops outside restricted state shops/tied won shops.<sup id="cite_ref-56" class="reference"><a href="#cite_note-56"><span class="cite-bracket">[</span>56<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=18" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Economy_of_North_Korea" title="Economy of North Korea">Economy of North Korea</a></li> <li><a href="/wiki/South_Korean_won" title="South Korean won">South Korean won</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=19" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://banknotenews.com/files/17faa856f3e2e824d407e61c9f9c03c0-898.php">North Korea revalues and replaces currency</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110917050353/http://banknotenews.com/files/17faa856f3e2e824d407e61c9f9c03c0-898.php">Archived</a> 17 September 2011 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>. BanknoteNews.com. 4 December 2009.</span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation news cs1 cs1-prop-script cs1-prop-foreign-lang-source"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20110911234000/http://www.ccdailynews.com/section/?knum=125530"><bdi lang="ko">북한의 새로 발행된 화폐들</bdi></a> (in Korean). ccdailynews.com. 4 December 2009. Archived from <a rel="nofollow" class="external text" href="http://www.ccdailynews.com/section/?knum=125530">the original</a> on 11 September 2011<span class="reference-accessdate">. Retrieved <span class="nowrap">5 December</span> 2009</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=%EB%B6%81%ED%95%9C%EC%9D%98+%EC%83%88%EB%A1%9C+%EB%B0%9C%ED%96%89%EB%90%9C+%ED%99%94%ED%8F%90%EB%93%A4&rft.date=2009-12-04&rft_id=http%3A%2F%2Fwww.ccdailynews.com%2Fsection%2F%3Fknum%3D125530&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFChoKim,_Yoon_Hyung1995" class="citation book cs1">Cho, Lee-Jay; Kim, Yoon Hyung (1995). <i>Economic systems in South and North Korea: the agenda for economic integration</i>. <a href="/wiki/Korea_Development_Institute" title="Korea Development Institute">Korea Development Institute</a>. p. 161. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-89-8063-001-1" title="Special:BookSources/978-89-8063-001-1"><bdi>978-89-8063-001-1</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Economic+systems+in+South+and+North+Korea%3A+the+agenda+for+economic+integration&rft.pages=161&rft.pub=Korea+Development+Institute&rft.date=1995&rft.isbn=978-89-8063-001-1&rft.aulast=Cho&rft.aufirst=Lee-Jay&rft.au=Kim%2C+Yoon+Hyung&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHoarePares,_Susan2005" class="citation book cs1">Hoare, James; Pares, Susan (2005). <i>North Korea in the 21st century: an interpretive guide</i>. Global Oriental. p. 145. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1-901903-96-6" title="Special:BookSources/978-1-901903-96-6"><bdi>978-1-901903-96-6</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=North+Korea+in+the+21st+century%3A+an+interpretive+guide&rft.pages=145&rft.pub=Global+Oriental&rft.date=2005&rft.isbn=978-1-901903-96-6&rft.aulast=Hoare&rft.aufirst=James&rft.au=Pares%2C+Susan&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text">Yong, Lee Sang (24 June 2009). <a rel="nofollow" class="external text" href="http://www.dailynk.com/english/read.php?cataId=nk00100&num=5081">The Color of North Korean Money</a>. <i><a href="/wiki/Daily_NK" title="Daily NK">Daily NK</a></i>.</span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text">Ho, Jung Kwon (30 November 2009). <a rel="nofollow" class="external text" href="http://www.dailynk.com/english/read.php?cataId=nk01500&num=5719">North Korea Replaces Currency</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20091212094537/http://www.dailynk.com/english/read.php?cataId=nk01500&num=5719">Archived</a> 12 December 2009 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>. <i><a href="/wiki/Daily_NK" title="Daily NK">Daily NK</a></i>.</span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.nytimes.com/2009/12/02/business/global/02korea.html?_r=2">Choe Sang-Hun (9 December 2009) <i>New York Times</i> (Global Business), "North Korea Revalues Its Currency"</a></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text">The Wall Street Journal, Wednesday 2 December 2009 <a rel="nofollow" class="external text" href="https://www.wsj.com/articles/SB125963843649570793">North Korea Reissues Won, a Blow to Unofficial Economy</a></span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text">The Wall Street Journal, Thursday 3 December 2009 <a rel="nofollow" class="external text" href="https://www.wsj.com/articles/SB125975276400572645">North Korea Begins Won Swap, Curfew</a></span> </li> <li id="cite_note-wp-10"><span class="mw-cite-backlink">^ <a href="#cite_ref-wp_10-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-wp_10-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Harden, Blaine (2 December 2009). <a rel="nofollow" class="external text" href="https://www.washingtonpost.com/wp-dyn/content/article/2009/12/01/AR2009120101841.html?hpid=moreheadlines">'North Korea revalues currency, destroying personal savings'</a>. <i><a href="/wiki/The_Washington_Post" title="The Washington Post">The Washington Post</a></i>.</span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text">Haggard, Stephen and Marcus Noland (January 2009). <a rel="nofollow" class="external autonumber" href="http://www.piie.com/publications/pb/pb10-01.pdf">[1]</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110108204330/http://www.piie.com/publications/pb/pb10-01.pdf">Archived</a> 8 January 2011 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>.</span> </li> <li id="cite_note-The_Times-12"><span class="mw-cite-backlink">^ <a href="#cite_ref-The_Times_12-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-The_Times_12-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-The_Times_12-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-The_Times_12-3"><sup><i><b>d</b></i></sup></a> <a href="#cite_ref-The_Times_12-4"><sup><i><b>e</b></i></sup></a></span> <span class="reference-text">Parry, Richard Lloyd (2 December 2009). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20100106205313/http://www.timesonline.co.uk/tol/news/world/asia/article6940482.ece">North Koreans in shock as cash is 'banned'</a>. <i><a href="/wiki/The_Times" title="The Times">The Times</a></i>.</span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://joongangdaily.joins.com/article/view.asp?aid=2913430">North's currency action shocking to its citizens</a>. <i><a href="/wiki/Joongang_Daily" class="mw-redirect" title="Joongang Daily">Joongang Daily</a></i>. 3 December 2009.</span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMcNeil2009" class="citation news cs1">McNeil, David (3 December 2009). <span class="id-lock-subscription" title="Paid subscription required"><a rel="nofollow" class="external text" href="https://www.independent.co.uk/news/world/asia/north-koreans-dare-to-protest-as-devaluation-wipes-out-savings-1833156.html">"North Koreans dares to protest as devaluation wipes out savings"</a></span>. <i><a href="/wiki/The_Independent" title="The Independent">The Independent</a></i>. London. <a rel="nofollow" class="external text" href="https://ghostarchive.org/archive/20220621/https://www.independent.co.uk/news/world/asia/north-koreans-dare-to-protest-as-devaluation-wipes-out-savings-1833156.html">Archived</a> from the original on 21 June 2022.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Independent&rft.atitle=North+Koreans+dares+to+protest+as+devaluation+wipes+out+savings&rft.date=2009-12-03&rft.aulast=McNeil&rft.aufirst=David&rft_id=https%3A%2F%2Fwww.independent.co.uk%2Fnews%2Fworld%2Fasia%2Fnorth-koreans-dare-to-protest-as-devaluation-wipes-out-savings-1833156.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRamstad2009" class="citation news cs1">Ramstad, Evan (9 December 2009). <a rel="nofollow" class="external text" href="https://www.wsj.com/articles/SB126029137357982133?mod=WSJ_hpp_sections_world">"North Koreans Protest Currency Issue"</a>. <i><a href="/wiki/The_Wall_Street_Journal" title="The Wall Street Journal">The Wall Street Journal</a></i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Wall+Street+Journal&rft.atitle=North+Koreans+Protest+Currency+Issue&rft.date=2009-12-09&rft.aulast=Ramstad&rft.aufirst=Evan&rft_id=https%3A%2F%2Fwww.wsj.com%2Farticles%2FSB126029137357982133%3Fmod%3DWSJ_hpp_sections_world&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.chinapost.com.tw/asia/korea/2009/12/05/235359/North-Koreans.htm">"North Koreans burn bills over currency reform"</a>. <i><a href="/wiki/The_China_Post" title="The China Post">The China Post</a></i>. 5 December 2009.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+China+Post&rft.atitle=North+Koreans+burn+bills+over+currency+reform&rft.date=2009-12-05&rft_id=http%3A%2F%2Fwww.chinapost.com.tw%2Fasia%2Fkorea%2F2009%2F12%2F05%2F235359%2FNorth-Koreans.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-17"><span class="mw-cite-backlink"><b><a href="#cite_ref-17">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://english.aljazeera.net/news/asia-pacific/2009/12/200912371139615612.html">"N Korea cash switch 'sparks panic'<span class="cs1-kern-right"></span>"</a>. <a href="/wiki/Al_Jazeera_Arabic" title="Al Jazeera Arabic">Al Jazeera</a>. 3 December 2009.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=N+Korea+cash+switch+%27sparks+panic%27&rft.date=2009-12-03&rft_id=http%3A%2F%2Fenglish.aljazeera.net%2Fnews%2Fasia-pacific%2F2009%2F12%2F200912371139615612.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-dnk412-18"><span class="mw-cite-backlink">^ <a href="#cite_ref-dnk412_18-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-dnk412_18-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-dnk412_18-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-dnk412_18-3"><sup><i><b>d</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKook2009" class="citation news cs1">Kook, Park Sung (4 December 2009). <a rel="nofollow" class="external text" href="http://www.dailynk.com/english/read.php?cataId=nk03100&num=5743">"New Denomination Images Unveiled"</a>. <i><a href="/wiki/Daily_NK" title="Daily NK">Daily NK</a></i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Daily+NK&rft.atitle=New+Denomination+Images+Unveiled&rft.date=2009-12-04&rft.aulast=Kook&rft.aufirst=Park+Sung&rft_id=http%3A%2F%2Fwww.dailynk.com%2Fenglish%2Fread.php%3FcataId%3Dnk03100%26num%3D5743&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-19"><span class="mw-cite-backlink"><b><a href="#cite_ref-19">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKirk2009" class="citation news cs1">Kirk, Donald (4 December 2009). <a rel="nofollow" class="external text" href="http://www.csmonitor.com/2009/1204/p06s07-woap.html">"North Korea admits drastic currency reform, is silent on protests"</a>. <i><a href="/wiki/The_Christian_Science_Monitor" title="The Christian Science Monitor">The Christian Science Monitor</a></i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Christian+Science+Monitor&rft.atitle=North+Korea+admits+drastic+currency+reform%2C+is+silent+on+protests&rft.date=2009-12-04&rft.aulast=Kirk&rft.aufirst=Donald&rft_id=http%3A%2F%2Fwww.csmonitor.com%2F2009%2F1204%2Fp06s07-woap.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-20"><span class="mw-cite-backlink"><b><a href="#cite_ref-20">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFAFP2009" class="citation news cs1">AFP (9 December 2009). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20111117013504/http://www.google.com/hostednews/afp/article/ALeqM5gnnLBoO7-ClzCc0ntsjmEiwe8i9w">"Currency change cripples N.Korea markets: report"</a>. Archived from <a rel="nofollow" class="external text" href="https://www.google.com/hostednews/afp/article/ALeqM5gnnLBoO7-ClzCc0ntsjmEiwe8i9w">the original</a> on 17 November 2011.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Currency+change+cripples+N.Korea+markets%3A+report&rft.date=2009-12-09&rft.au=AFP&rft_id=https%3A%2F%2Fwww.google.com%2Fhostednews%2Fafp%2Farticle%2FALeqM5gnnLBoO7-ClzCc0ntsjmEiwe8i9w&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-21">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLim2009" class="citation news cs1">Lim, Bomi (9 December 2009). <a rel="nofollow" class="external text" href="https://www.bloomberg.com/apps/news?pid=20601080&sid=aw8p.PYArpkM">"North Korean Won Plunges 96% After Government Revaluation"</a>. <a href="/wiki/Bloomberg_L.P." title="Bloomberg L.P.">Bloomberg L.P.</a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=North+Korean+Won+Plunges+96%25+After+Government+Revaluation&rft.date=2009-12-09&rft.aulast=Lim&rft.aufirst=Bomi&rft_id=https%3A%2F%2Fwww.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601080%26sid%3Daw8p.PYArpkM&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-22">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFParry2010" class="citation news cs1">Parry, Richard Lloyd (4 February 2010). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110604175708/http://www.timesonline.co.uk/tol/news/world/asia/article7013254.ece">"Food shortages and violence mount in North Korea as Utopian dream fails"</a>. <i><a href="/wiki/The_Times" title="The Times">The Times</a></i>. London. 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Bloomberg. 17 March 2010.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=North+Korea+Executes+Official+for+Currency+Reform%2C+Yonhap+Says&rft.pub=Bloomberg&rft.date=2010-03-17&rft_id=https%3A%2F%2Fwww.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601080%26sid%3Damrsl_DDQ7.A&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-24"><span class="mw-cite-backlink"><b><a href="#cite_ref-24">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.youtube.com/watch?v=99VlXc5fwxA">"North Korea Says No Chaos After Currency Reform"</a>. 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Retrieved <span class="nowrap">28 December</span> 2022</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Banknote+News&rft.atitle=North+Korea+new+5%2C000-won+note+%28B357a%29+confirmed&rft.date=2014-09-19&rft.aulast=Linzmayer&rft.aufirst=Owen&rft_id=https%3A%2F%2Fbanknotenews.com%2F%3Fp%3D8484&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-46"><span class="mw-cite-backlink"><b><a href="#cite_ref-46">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.nknews.org/2021/10/north-koreans-using-cash-coupons-as-country-unable-to-print-new-bills/">"North Koreans using cash coupons as country struggles to print new bills | NK News"</a>. 26 October 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=North+Koreans+using+cash+coupons+as+country+struggles+to+print+new+bills+%26%23124%3B+NK+News&rft.date=2021-10-26&rft_id=https%3A%2F%2Fwww.nknews.org%2F2021%2F10%2Fnorth-koreans-using-cash-coupons-as-country-unable-to-print-new-bills%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-47"><span class="mw-cite-backlink"><b><a href="#cite_ref-47">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.rfa.org/english/news/korea/donpyo-04072022193445.html">"North Korea issues high-denomination money voucher, photo evidence shows"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=North+Korea+issues+high-denomination+money+voucher%2C+photo+evidence+shows&rft_id=https%3A%2F%2Fwww.rfa.org%2Fenglish%2Fnews%2Fkorea%2Fdonpyo-04072022193445.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-48"><span class="mw-cite-backlink"><b><a href="#cite_ref-48">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.asiapress.org/rimjin-gang/2021/10/society-economy/donpyo/">"＜Inside N. Korea＞ North Korea's financial crisis has made it impossible to print banknotes. Efforts to issue temporary money coupons "Tonpyo" have been made to replace them, but distrust is growing"</a>. 23 October 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=%EF%BC%9CInside+N.+Korea%EF%BC%9E+North+Korea%27s+financial+crisis+has+made+it+impossible+to+print+banknotes.+Efforts+to+issue+temporary+money+coupons+%22Tonpyo%22+have+been+made+to+replace+them%2C+but+distrust+is+growing&rft.date=2021-10-23&rft_id=https%3A%2F%2Fwww.asiapress.org%2Frimjin-gang%2F2021%2F10%2Fsociety-economy%2Fdonpyo%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-dailynk-49"><span class="mw-cite-backlink">^ <a href="#cite_ref-dailynk_49-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-dailynk_49-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.dailynk.com/english/read.php?cataId=nk00100&num=5081">"The Color of North Korean Money"</a>. 23 June 2009<span class="reference-accessdate">. Retrieved <span class="nowrap">28 November</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=The+Color+of+North+Korean+Money&rft.date=2009-06-23&rft_id=http%3A%2F%2Fwww.dailynk.com%2Fenglish%2Fread.php%3FcataId%3Dnk00100%26num%3D5081&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-50"><span class="mw-cite-backlink"><b><a href="#cite_ref-50">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBruceShafer,_Neil1999" class="citation book cs1">Bruce, Colin R.; Shafer, Neil (1999). <i>Standard Catalog of World Paper Money, Modern Issues, Volume 3</i>. Krause Publications. p. 424. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0-87341-746-4" title="Special:BookSources/978-0-87341-746-4"><bdi>978-0-87341-746-4</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Standard+Catalog+of+World+Paper+Money%2C+Modern+Issues%2C+Volume+3&rft.pages=424&rft.pub=Krause+Publications&rft.date=1999&rft.isbn=978-0-87341-746-4&rft.aulast=Bruce&rft.aufirst=Colin+R.&rft.au=Shafer%2C+Neil&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-bn-51"><span class="mw-cite-backlink"><b><a href="#cite_ref-bn_51-0">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.bank-note.org/nk.html">Bank notes of the modern world – North Korea</a>. bank-note.org.</span> </li> <li id="cite_note-52"><span class="mw-cite-backlink"><b><a href="#cite_ref-52">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLinzmayer2012" class="citation book cs1">Linzmayer, Owen (2012). "North Korea". <a rel="nofollow" class="external text" href="https://web.archive.org/web/20181003161541/http://www.banknotebook.com/"><i>The Banknote Book</i></a>. San Francisco, CA: www.BanknoteNews.com. Archived from <a rel="nofollow" class="external text" href="http://www.banknotebook.com">the original</a> on 3 October 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">9 December</span> 2020</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=North+Korea&rft.btitle=The+Banknote+Book&rft.place=San+Francisco%2C+CA&rft.pub=www.BanknoteNews.com&rft.date=2012&rft.aulast=Linzmayer&rft.aufirst=Owen&rft_id=http%3A%2F%2Fwww.banknotebook.com&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-53"><span class="mw-cite-backlink"><b><a href="#cite_ref-53">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://news.bbc.co.uk/1/hi/in_pictures/8256890.stm">"In pictures: Life in poverty-stricken North Korea"</a>. <i>BBC News</i>. 22 September 2009.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=BBC+News&rft.atitle=In+pictures%3A+Life+in+poverty-stricken+North+Korea&rft.date=2009-09-22&rft_id=http%3A%2F%2Fnews.bbc.co.uk%2F1%2Fhi%2Fin_pictures%2F8256890.stm&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></span> </li> <li id="cite_note-54"><span class="mw-cite-backlink"><b><a href="#cite_ref-54">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.rfa.org/english/news/korea/us-dollars-become-currency-of-choice-among-well-heeled-north-koreans-02212018162155.html">US Dollars Become Currency of Choice Among Well-Heeled North Koreans</a> <a href="/wiki/Radio_Free_Asia" title="Radio Free Asia">Radio Free Asia</a> (<a rel="nofollow" class="external free" href="https://www.rfa.org">https://www.rfa.org</a>). 21 February 2018. Retrieved on 29 December 2018.</span> </li> <li id="cite_note-55"><span class="mw-cite-backlink"><b><a href="#cite_ref-55">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.rfa.org/english/news/korea/money-04072023102829.html">North Korea confiscates dollars and yuan after declaring foreign currency illegal</a> <a href="/wiki/Radio_Free_Asia" title="Radio Free Asia">Radio Free Asia</a> (<a rel="nofollow" class="external free" href="https://www.rfa.org">https://www.rfa.org</a>). 7 April 2023. Retrieved on 9 April 2023.</span> </li> <li id="cite_note-56"><span class="mw-cite-backlink"><b><a href="#cite_ref-56">^</a></b></span> <span class="reference-text">Black Market cash: the real value of N. Korean won, NK News, 1 September 2014 <a rel="nofollow" class="external free" href="http://www.nknews.org/2014/09/black-market-cash-the-real-value-of-n-korean-won/">http://www.nknews.org/2014/09/black-market-cash-the-real-value-of-n-korean-won/</a></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=North_Korean_won&action=edit&section=20" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHeiko_Otto" class="citation web cs1 cs1-prop-foreign-lang-source">Heiko Otto (ed.). <a rel="nofollow" class="external text" href="http://www.bis-ans-ende-der-welt.net/Nordkorea-B-En.htm">"The banknotes of North Korea"</a> (in English and German)<span class="reference-accessdate">. Retrieved <span class="nowrap">19 August</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=The+banknotes+of+North+Korea&rft_id=http%3A%2F%2Fwww.bis-ans-ende-der-welt.net%2FNordkorea-B-En.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANorth+Korean+won" class="Z3988"></span></li></ul> <table class="wikitable" style="margin: 0.5em auto; clear: both; font-size:95%;"> <caption>North Korean won</caption> <tbody><tr style="text-align: center;"> <td style="width: 30%; text-align: center;" rowspan="1" colspan="1">Preceded by:<br /><b><a href="/wiki/Korean_yen" title="Korean yen">Korean yen</a></b><br /><small><b>Reason:</b> <a href="/wiki/Division_of_Korea" title="Division of Korea">Division of Korea</a> and moving toward a full sovereign nation from Allied occupation</small> </td> <td style="text-align: center;" rowspan="1" colspan="1"><b>Currency of North Korea</b> <br />18 April 1980 – 12 April 2009<br /><small><b>Note:</b> 1st Won: 1945 to 1959<br />2nd Won (equivalent to 100 1st Won): 1959 to 2009<br />3rd Won (equivalent to 100 2nd Won): 2009 onwards</small> </td> <td style="width: 30%; text-align: center;" rowspan="1" colspan="1">Succeeded by:<br /><b>Current</b> </td></tr> </tbody></table> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output 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href="/wiki/Special:EditPage/Template:Historical_currencies_of_Korea" title="Special:EditPage/Template:Historical currencies of Korea"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Historical_currencies_of_Korea" style="font-size:114%;margin:0 4em">Historical currencies of <a href="/wiki/Korea" title="Korea">Korea</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><table align="center" style="background:none; text-align:center; line-height:1.2em;" cellspacing="0" cellpadding="4"> <tbody><tr> <td><a href="/wiki/Korean_mun" title="Korean mun">Mun</a><br /><small>998–1105,<br />1423–1425,<br />1625–1892</small></td> <td style="border-left:1px #aaa solid;"><a href="/wiki/Korean_yang" title="Korean yang">Yang</a><br /><small>1892–1902</small></td> <td style="border-left:1px #aaa solid;"><a href="/wiki/Korean_Empire_won" title="Korean Empire won">Won</a><br /><small>1902–1910</small></td> <td style="border-left:1px #aaa solid;"><a href="/wiki/Korean_yen" title="Korean yen">Yen</a><br /><small>1902–1945</small></td> <td style="border-left:1px #aaa solid;"> <table style="background:none; line-height:1.2em;" cellspacing="0" cellpadding="0"> <tbody><tr> <td> <table align="center" style="background:none; text-align:center; line-height:1.2em;" cellspacing="0" cellpadding="4"> <tbody><tr> <td><a href="/wiki/Won_of_the_Red_Army_Command" title="Won of the Red Army Command">Won (Red Army)</a><br /><small>1945–1947</small></td> <td style="border-left:1px #aaa solid;"><a class="mw-selflink selflink">North Korean old won</a><br /><small>1947–1959</small></td> <td style="border-left:1px #aaa solid;"><a class="mw-selflink selflink">North Korean new won</a><br /><small>1959–2009</small></td> <td style="border-left:1px #aaa solid;"><a class="mw-selflink selflink">North Korean third won</a><br /><small>since 2009</small></td> </tr> </tbody></table> </td> </tr> <tr> <td> <table align="center" style="background:none; text-align:center; line-height:1.2em;" cellspacing="0" cellpadding="4"> <tbody><tr> <td><a href="/wiki/South_Korean_won_(1945%E2%80%931953)" title="South Korean won (1945–1953)">South Korean old won</a><br /><small>1945–1953</small></td> <td style="border-left:1px #aaa solid;"><a href="/wiki/South_Korean_hwan" title="South Korean hwan">South Korean hwan</a><br /><small>1953–1962</small></td> <td style="border-left:1px #aaa solid;"><a href="/wiki/South_Korean_won" title="South Korean won">South Korean new won</a><br /><small>since 1962</small></td> </tr> </tbody></table> </td> </tr> </tbody></table> </td> </tr> </tbody></table></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div><a href="/wiki/Etymology_of_the_Korean_currencies" title="Etymology of the Korean currencies">Etymology</a> and <a href="/wiki/History_of_the_Korean_currencies" class="mw-redirect" title="History of the Korean currencies">history of the Korean currencies</a></div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Currencies_of_Asia" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Currencies_of_Asia" title="Template:Currencies of Asia"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Currencies_of_Asia" title="Template 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sum">Uzbekistani sum</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">East</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Renminbi" title="Renminbi">Renminbi</a> (yuan)</li> <li><a href="/wiki/Hong_Kong_dollar" title="Hong Kong dollar">Hong Kong dollar</a></li> <li><a href="/wiki/Japanese_yen" title="Japanese yen">Japanese yen</a></li> <li><a class="mw-selflink selflink">North Korean won</a></li> <li><a href="/wiki/South_Korean_won" title="South Korean won">South Korean won</a></li> <li><a href="/wiki/Macanese_pataca" title="Macanese pataca">Macanese pataca</a></li> <li><a href="/wiki/Mongolian_t%C3%B6gr%C3%B6g" title="Mongolian tögrög">Mongolian tögrög</a></li> <li><a href="/wiki/New_Taiwan_dollar" title="New Taiwan dollar">New Taiwan dollar</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">North</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Russian_ruble" title="Russian ruble">Russian ruble</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">South</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Afghan_afghani" title="Afghan afghani">Afghan afghani</a></li> <li><a href="/wiki/Bangladeshi_taka" title="Bangladeshi taka">Bangladeshi taka</a></li> <li><a href="/wiki/Bhutanese_ngultrum" title="Bhutanese ngultrum">Bhutanese ngultrum</a></li> <li><a href="/wiki/Indian_rupee" title="Indian rupee">Indian rupee</a></li> <li><a href="/wiki/Maldivian_rufiyaa" title="Maldivian rufiyaa">Maldivian rufiyaa</a></li> <li><a href="/wiki/Nepalese_rupee" title="Nepalese rupee">Nepalese rupee</a></li> <li><a href="/wiki/Pakistani_rupee" title="Pakistani rupee">Pakistani rupee</a></li> <li><a href="/wiki/Pound_sterling" title="Pound sterling">Pound sterling</a></li> <li><a href="/wiki/Sri_Lankan_rupee" title="Sri Lankan rupee">Sri Lankan rupee</a></li> <li><a href="/wiki/United_States_dollar" title="United States dollar">U.S. dollar</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Southeast</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Australian_dollar" title="Australian dollar">Australian dollar</a></li> <li><a href="/wiki/Brunei_dollar" title="Brunei dollar">Brunei dollar</a></li> <li><a href="/wiki/Cambodian_riel" title="Cambodian riel">Cambodian riel</a></li> <li><a href="/wiki/Indonesian_rupiah" title="Indonesian rupiah">Indonesian rupiah</a></li> <li><a href="/wiki/Lao_kip" title="Lao kip">Lao kip</a></li> <li><a href="/wiki/Malaysian_ringgit" title="Malaysian ringgit">Malaysian ringgit</a></li> <li><a href="/wiki/Myanmar_kyat" title="Myanmar kyat">Myanmar kyat</a></li> <li><a href="/wiki/Philippine_peso" title="Philippine peso">Philippine peso (<i>piso</i>)</a></li> <li><a href="/wiki/Singapore_dollar" title="Singapore dollar">Singapore dollar</a></li> <li><a href="/wiki/Thai_baht" title="Thai baht">Thai baht</a></li> <li><a href="/wiki/United_States_dollar" title="United States dollar">U.S. dollar</a></li> <li><a href="/wiki/Vietnamese_%C4%91%E1%BB%93ng" title="Vietnamese đồng">Vietnamese đồng</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">West</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Armenian_dram" title="Armenian dram">Armenian dram</a></li> <li><a href="/wiki/Azerbaijani_manat" title="Azerbaijani manat">Azerbaijani manat</a></li> <li><a href="/wiki/Bahraini_dinar" title="Bahraini dinar">Bahraini dinar</a></li> <li><a href="/wiki/Egyptian_pound" title="Egyptian pound">Egyptian pound</a></li> <li><a href="/wiki/United_Arab_Emirates_dirham" title="United Arab Emirates dirham">Emirati dirham</a></li> <li><a href="/wiki/Euro" title="Euro">Euro</a></li> <li><a href="/wiki/Georgian_lari" title="Georgian lari">Georgian lari</a></li> <li><a href="/wiki/Iranian_rial" title="Iranian rial">Iranian rial</a></li> <li><a href="/wiki/Iraqi_dinar" title="Iraqi dinar">Iraqi dinar</a></li> <li><a href="/wiki/Israeli_new_shekel" title="Israeli new shekel">Israeli new shekel</a></li> <li><a href="/wiki/Jordanian_dinar" title="Jordanian dinar">Jordanian dinar</a></li> <li><a href="/wiki/Kuwaiti_dinar" title="Kuwaiti dinar">Kuwaiti dinar</a></li> <li><a href="/wiki/Lebanese_pound" title="Lebanese pound">Lebanese pound</a></li> <li><a href="/wiki/Omani_rial" title="Omani rial">Omani rial</a></li> <li><a href="/wiki/Qatari_riyal" title="Qatari riyal">Qatari riyal</a></li> <li><a href="/wiki/Saudi_riyal" title="Saudi riyal">Saudi riyal</a></li> <li><a href="/wiki/Syrian_pound" title="Syrian pound">Syrian pound</a></li> <li><a href="/wiki/Turkish_lira" title="Turkish lira">Turkish lira</a></li> <li><a href="/wiki/Yemeni_rial" title="Yemeni rial">Yemeni rial</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Economy_of_North_Korea" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div 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href="/wiki/Automotive_industry_in_North_Korea" title="Automotive industry in North Korea">Automotive industry</a> <ul><li><a href="/wiki/Sungri_Motor_Plant" title="Sungri Motor Plant">Sungri Motor Plant</a></li> <li><a href="/wiki/Pyeonghwa_Motors" title="Pyeonghwa Motors">Pyeonghwa Motors</a></li></ul></li> <li><a href="/wiki/Central_Bank_of_the_Democratic_People%27s_Republic_of_Korea" title="Central Bank of the Democratic People's Republic of Korea">Central Bank</a></li> <li><a href="/wiki/Energy_in_North_Korea" title="Energy in North Korea">Energy</a></li> <li><a href="/wiki/Illicit_activities_of_North_Korea" title="Illicit activities of North Korea">Illicit activities of North Korea</a></li> <li><i><a href="/wiki/Jangmadang" title="Jangmadang">Jangmadang</a></i></li> <li><a href="/wiki/Kaesong_Industrial_Region" title="Kaesong Industrial Region">Kaesong Industrial Region</a></li> <li><a href="/wiki/North_Korean_migrant_workers" title="North Korean migrant workers">Migrant workers</a></li> <li><a href="/wiki/Mining_in_North_Korea" title="Mining in North Korea">Mining</a></li> <li><a class="mw-selflink selflink">North Korean won <span style="font-size:85%;">(currency)</span></a></li> <li><a href="/wiki/Rason_Special_Economic_Zone" title="Rason Special Economic Zone">Rason Special Economic Zone</a></li> <li><a href="/wiki/Ryonbong" title="Ryonbong">Ryonbong</a></li> <li><a href="/wiki/Sili_Bank" title="Sili Bank">Sili Bank</a></li> <li><i><a href="/wiki/Songun" title="Songun">Songun</a></i></li> <li><a href="/wiki/Telecommunications_in_North_Korea" title="Telecommunications in North Korea">Telecommunications</a></li> <li><a href="/wiki/Tourism_in_North_Korea" title="Tourism in North Korea">Tourism</a></li> <li><a href="/wiki/Transport_in_North_Korea" title="Transport in North Korea">Transport</a></li></ul> </div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="noviewer" typeof="mw:File"><span title="List-Class 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