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200 Won

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2018
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Size 130 x 65 mm
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Obverse description The obverse is dominated by a large central vignette of the Chollima statue, a winged horse with a rider raising an arm aloft, rendered in intaglio over a violet and green guilloche underprint. To the left, a red commemorative overprint reads the Korean founding dates 1948–2018 alongside the 70th anniversary inscription. The denomination '200' appears in large numerals at lower right, with the issuing authority and state emblem inscribed in Korean at upper left.
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Reverse description The reverse is executed entirely in shades of violet, with a large intaglio '200' at centre framed by elaborate guilloche rosettes and lathe-work patterns filling the field. The issuing authority inscription runs along the top in Korean, while the denomination in Korean script, 이백원, is set in a solid panel at lower left. A secondary numeral '200' appears at lower right, and a decorative Korean knot motif is visible at left.
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Comments

North Korean currency issued after 2009 is shaped almost entirely by the consequences of that year's catastrophic redenomination, in which the government lopped two zeros off the won, capped household exchanges, and wiped out much of the population's savings overnight. The 2018 series — of which this 200 Won is part — emerged from a monetary environment where public trust in domestic paper had been severely damaged and foreign currency use was widespread despite being illegal.

The Pick reference CS WB21 places this within a commemorative or special issue classification, not general circulation stock.

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