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5000 Won Donpyo
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2021 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 조선민주주의인민공화국 중앙은행 돈표 주체110 (2021) 5000 오천원 (Translation: Central Bank of the Democratic People`s Republic of Korea, Money coupon, Five Thousand Won) |
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| Reverse lettering | 조선민주주의인민공화국중앙은행 5000 오천원 (Translation: Central Bank of the Democratic People`s Republic of Korea, Five Thousand Won) |
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| Comments |
North Korea's "donpyo" (돈표) certificates occupy a strange bureaucratic space — they are not general circulation currency but internal exchange instruments, historically tied to access to foreign-currency shops and specific distribution systems. By 2021, the North Korean state had been issuing updated donpyo series with increasing frequency, partly in response to the near-complete dollarization of its informal markets, where Chinese yuan and US dollars had displaced the won for most transactions of any size.
A 5,000-won face value is nominally significant on paper but largely symbolic given the gap between official and market exchange rates.