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20 Won Year of the Horse
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2009 |
| Type | Non-circulating coin |
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| Reverse script | Chinese (traditional, seal script) |
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| Edge | Plain |
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| Additional information |
North Korea's commemorative output in the late 2000s was largely aimed at foreign collectors and hard-currency dealers rather than domestic circulation — brass pieces like this one were never intended to pass through the hands of ordinary North Korean citizens, for whom foreign exchange was strictly controlled. The lunar calendar series served as a modest revenue stream at a moment when the DPRK was navigating the aftermath of its 2009 nuclear test and the international sanctions that followed.