2020-06-06 Sat

The official currency of North Korea is North Korean won which is subdivided into 100 chon. The won is issued by the Central Bank of the Democratic People's Republic of Korea. The won became the currency of North Korea on 6th December 1947, replacing the Korean yen that was still in circulation.

Every banknote includes the North Korean Coat of Arms in the top left corner. The emblem features the five-pointed red star, widely used to symbolize socialism. The star gleams over Mt. Paektu (Korea’s most sacred mountain) and a hydroelectric dam representative of prosperity and self-sustainability. Crop harvests of rice (‘golden soil’) enclose the emblem. Draped in a red ribbon are the words ‘Democratic People’s Republic of Korea’

The 10 won banknote issued in the year 2009 and is in circulation. The obverse of the note depicts the Servicemen of the Korean People’s Army representing the Air Force, Navy and Ground Forces. North Korea has the fourth-largest active military force on earth. The reverse, on the other hand depicts Monument to Victorious War. You’ll see this on most of our group tours when visiting the Victorious Fatherland Liberation War Museum in Pyongyang.

Image Courtesy: uritours.com