ISO 4217 | |
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Code | KPW (numeric: 408) |
Subunit | 0.01 |
Unit | |
Symbol | ₩ |
Denominations | |
Subunit | |
1⁄100 | chon (전; 錢) |
Banknotes | |
Freq. used | ₩100, ₩200, ₩500, ₩1000, ₩2000, ₩5000[1] |
Rarely used | ₩5, ₩10, ₩50 |
Coins | |
Rarely used | 1, 5, 10, 50 chon; ₩1[2] |
Demographics | |
User(s) | North Korea |
Issuance | |
Central bank | Central Bank of the Democratic People's Republic of Korea |
Democratic People's Republic of Korea won | |
Chosŏn'gŭl | 조선민주주의인민공화국 원 |
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Hancha | 朝鮮民主主義人民共和國 圓 |
Revised Romanization | Joseon minjujuui inmin gonghwaguk won |
McCune–Reischauer | Chosŏn minjujuŭi inmin konghwakuk wŏn |
Korean People's won | |
Chosŏn'gŭl | 조선 인민 원 |
Hancha | 朝鮮 人民 圓 |
Revised Romanization | Joseon-inmin won |
McCune–Reischauer | Chosŏn-inmin wŏn |
The Korean People's won, more commonly known as the North Korean won (Symbol: ₩; Code: KPW; Korean: 조선 원) and sometimes known as the Democratic People's Republic of Korea won (Korean: 조선민주주의인민공화국 원), is the official currency of North Korea. It is subdivided into 100 chon. The currency is issued by the Central Bank of the Democratic People's Republic of Korea, based in the North Korean capital city of Pyongyang.