Catalog
10 Won
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 1992-1998 |
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| Composition | Paper |
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|---|---|
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| Reverse description | The reverse carries a panoramic vignette of the West Sea Barrage, the 7-kilometre tidal barrage spanning the Taedong River at its mouth on the Yellow Sea, with Pi Island and its lighthouse visible to the right. The denomination and bank title inscriptions are arranged along the upper and lower borders in Korean script, flanking the numeral 10. |
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| Protection type | Watermark |
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| Comments |
North Korea's 1992 series represented a significant redesign from the 1978 notes it replaced, coinciding with the country's increasing economic isolation following the collapse of Soviet aid. The Central Bank had to manage a currency that was, for most of this period, essentially non-convertible and largely irrelevant to actual commerce — a parallel market in foreign currency certificates ran alongside the regular won for much of the 1990s, serving the privileged class while ordinary citizens used notes like this one for state-priced goods.
The watermark is among the few concessions to anti-counterfeiting technology in this series; North Korean domestic notes of the period are not known for sophisticated security printing.