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1 Won

Issuer Central Bank of the Democratic People's Republic of Korea
Year 1992
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Value 1 Won (1 KPW)
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Reverse description The central vignette presents an intaglio landscape of the jagged granite peaks of Mount Kŭmgang rendered in dark brown tones, set against a pink and cream guilloche background. To the upper right, a mythological flute fairy is shown aloft in flowing robes, playing a flute amid swirling clouds. The numeral "1" appears at upper right and the Hangul denomination "일원" at lower right, with ornate guilloche rosettes and geometric border patterns framing the composition.
Reverse lettering 조선민주주의인민공화국 중앙은행 1 일원
(Translation: The Central Bank of the Democratic People's Republic of Korea, One Won)
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Comments

North Korea's 1992 currency reform introduced a parallel note system distinguishing between domestic citizens and foreign visitors — a distinction enforced through different series rather than different denominations. This 1 Won belongs to the domestic citizen series, identifiable by the absence of the colored serial number suffixes used on notes intended for foreign exchange shops.

The watermark is the primary security feature, modest by contemporary standards but consistent with DPRK printing practices of the period. Production is generally attributed to state printing facilities, though the DPRK has never formally disclosed its note manufacturing arrangements.

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