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20 Won Year of the Tiger

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2009
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Thickness 2.5 mm
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Obverse script Korean
Obverse lettering 조선민주주의인민공화국중앙은행
20 원
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Additional information

North Korea has issued commemorative coinage sporadically since the 1970s, largely for foreign collectors and hard-currency export rather than domestic circulation — the won itself has been largely non-functional as a consumer currency inside the DPRK. This piece appeared the same year Kim Jong-il's government conducted its second nuclear test, in May 2009, and redenominated the currency in November of that year, a shock reform that wiped out private savings and triggered rare public protests.

The redenomination rendered most 2009-dated won coinage immediately obsolete domestically before it could circulate.

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