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10 Won

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2002
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Currency Third Won (2009-date)
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Obverse lettering 조선민주주의인민공화국 중앙은행 10 십원
(Translation: Democratic People`s Republic of Korea, Central Bank, Ten Won)
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Protection type Watermark
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Comments

North Korea's 2002 note series was issued ahead of the limited market reforms introduced under Kim Jong-il that same year — modest adjustments to the command economy that ultimately changed little about how currency actually functioned in daily life. The won remained non-convertible, and the parallel use of foreign currency in special shops meant domestic notes like this circulated within a tightly constrained system.

Print runs in the low millions are typical for DPRK issues, though audited figures are essentially unavailable — the 12,175,000 count appears in Western references but its sourcing is difficult to verify independently.

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