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5.000 Won

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2002
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Value 5.000 Won
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Obverse description The obverse is dominated by a central circular vignette containing a portrait of Kim Il-sung in intaglio style, set against a radiating guilloche background. To the left, the national emblem of the DPRK appears alongside the serial number, with floral and foliate underprint elements in pale tones framing the composition. The denomination is rendered in both Korean script (오천원) at lower left and numerals (5000) at upper left and lower right, with the issuing authority inscribed in Korean at the top.
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Protection description Kim Il-sung's portrait embedded in the paper; embedded security thread running vertically through the note.
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Comments

North Korean won notes of this period were not issued for domestic use in the ordinary sense. The "W" prefix in the Pick reference designates this as a "won" series intended for foreign exchange use — these circulated in the hard-currency shops and hotels accessible to foreigners and regime-approved traders, functioning as a parallel currency alongside the regular domestic won. The 5,000 won denomination placed it at the high end of that system.

The 2002 date coincides with the period when the DPRK was quietly running multiple currency tiers simultaneously, a monetary arrangement that collapsed operationally after the chaotic November 2009 redenomination wiped out domestic savings.

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