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1.000 Won
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2002 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Won (1947-date) |
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| Obverse description | The obverse is dominated by an intaglio portrait of Kim Il-sung set within an ornate oval guilloche frame at centre-right, surrounded by a floral wreath vignette. The national emblem of the DPRK appears at lower left, flanked by fine guilloche underprint in pale blue and green tones. The denomination numeral '1000' is printed in bold at lower left and lower right, with the issuer inscription in Korean characters across the top. |
|---|---|
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| Protection type | Watermark, Security thread |
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| Comments |
North Korea's foreign exchange certificates — the so-called "won for foreigners" system — were officially abolished in 2002, making this a transitional issue appearing at precisely the moment the dual-currency regime was being wound down. The parallel currency structure, introduced in the 1970s to segregate hard currency spending by visitors and diplomatic staff from the domestic economy, had long been a source of bureaucratic friction and black-market arbitrage.
The W-prefix Pick designation signals the foreign exchange certificate classification. Cotton substrate with a security thread places it above the domestic circulation issues of the same period in material specification.