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1 Chon Capitalist Visitor

Issuer Foreign Trade Bank of the Democratic People's Republic of Korea
Year 1988-2003
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Size 100 × 45 mm
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Obverse description The obverse is printed in blue and red on a fine guilloche underprint, with the National Coat of Arms of the DPRK rendered as a circular vignette at left center. The large Korean numeral 일전 (one chon) occupies the lower right, while the bold denomination numeral 1 전 dominates the center field. The issuing authority inscription 조선민주주의인민공화국무역은행 runs along the lower border, with the date 1988 at right and the title legend 외화와바꾼돈표 across the top.
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Reverse lettering 1전
(Translation: 1 Chon)
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Comments

North Korea maintained separate currency streams for foreign visitors throughout the post-reform decades, with denominations color-coded by visitor type. This note — part of the series designated for capitalist-country tourists and businesspeople — was deliberately distinguished from the parallel series issued to socialist-bloc visitors, who received different colors of the same denominations. The two could not be used interchangeably, and locals were prohibited from holding either.

The Foreign Trade Bank series was introduced as a hard-currency management tool following the collapse of the won's external credibility. Whether these notes saw any meaningful circulation or functioned primarily as a bureaucratic formality for the trickle of Western visitors permitted entry is, practically speaking, an open question.

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