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100 Yen = 100 Won
| Issuer | Bank of Chōsen |
|---|---|
| Year | 1946 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette with a portrait of Kim Yoon-shik in traditional Korean dress, with the denomination rendered in Chinese numerals at centre; the design is framed by decorative guilloche borders with the bank title and value inscriptions in Korean and Japanese characters. |
|---|---|
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| Reverse description | The reverse is dominated by a central panel bearing the denomination 百圓 (100 Won) in large Chinese characters, flanked by floral vignettes of cherry blossoms and chrysanthemums rendered in intaglio; the numeral '100' appears in the upper corners and the value '百' in the lower corners, with the bank name 朝鮮銀行 inscribed across the top within a decorative cartouche border. |
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| Comments |
The Bank of Chōsen's 100 Yen note of 1946 was issued into an extraordinarily unstable moment: Japan had surrendered the previous year, the Korean peninsula was being divided along the 38th parallel, and no unified monetary authority had yet replaced the colonial banking structure. The Bank of Chōsen continued operating under Allied supervision in the south, issuing currency into a vacuum.
The won equivalency printed on this note reflects the transitional renaming of the unit — same instrument, shifting identity. U.S. Military Government in Korea would not establish its own currency controls until later, leaving these notes to circulate across a politically fractured territory with no clear redemption guarantee.