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10 Won
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 1992-1998 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#41 |
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|---|---|
| Obverse lettering | 조선민주주의인민공화국 중앙은행 십원 10 (Translation: Democratic People's Republic of Korea, The Central Bank, Ten Won) |
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| Reverse lettering | 조선민주주의인민공화국 중앙은행 10 십원 (Translation: Democratic People's Republic of Korea, The Central Bank, Ten Won) |
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| Comments |
North Korea's 1992 series represented a significant redesign from the 1978 notes it replaced, coinciding with the country's increasing economic isolation following the collapse of Soviet aid. The Central Bank had to manage a currency that was, for most of this period, essentially non-convertible and largely irrelevant to actual commerce — a parallel market in foreign currency certificates ran alongside the regular won for much of the 1990s, serving the privileged class while ordinary citizens used notes like this one for state-priced goods.
The watermark is among the few concessions to anti-counterfeiting technology in this series; North Korean domestic notes of the period are not known for sophisticated security printing.