1.000 Won

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.