100 Won

These notes were issued by the Soviet occupation authorities in northern Korea immediately following Japan's defeat in August 1945, functioning as emergency military currency rather than a civilian banking instrument. The issuing authority — the Soviet Red Army Command — had no prior experience administering a Korean monetary system, and the notes were put into circulation with minimal infrastructure behind them.

The April 1945 print date precedes Japan's surrender by four months, confirming the Soviets had prepared occupation currency before the campaign concluded. That level of advance preparation was characteristic of Soviet military financial planning across multiple theaters in the final stages of the war.