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50 000 Won Donpyo
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2022 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | 조선민주주의인민공화국 중앙은행 돈표 주체111 (2022) 50000 오만원 (Translation: Central Bank of the Democratic People`s Republic of Korea, Money coupon, Fifty Thousand Won) |
| Reverse description | The denomination numeral '50000' is printed in large bold outlined figures at centre, with the Korean denomination text '오만원' (Fifty Thousand Won) at lower right and a small circular guilloche seal vignette at lower left. The issuer inscription runs along the upper margin against a pale security underprint. |
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| Comments |
North Korea's internal bond certificates — of which the "donpyo" series is a part — function as a forced savings instrument rather than conventional currency. Citizens and enterprises are periodically required to purchase these, with redemption terms set by the state and frequently deferred or dishonored. The 2022 date places this issue within a period of severe economic contraction compounded by extended border closures the DPRK imposed during the COVID-19 years, which effectively severed the informal Chinese trade networks that much of the population depended upon.
Whether these were redeemable in any practical sense remains genuinely unclear from available documentation.