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| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2011 |
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| Composition | Bimetallic: aluminium centre in brass ring |
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| Reverse description | Central aluminium field features a lively depiction of an anthropomorphic rabbit, symbolising the Year of the Rabbit, shown in an upright dancing pose and bearing the date '2011' on a medallion across its chest. Two celebratory firework bursts are displayed in the upper field, while a ribbon banner reading 'New' appears to the left and 'Coin!' to the right, rendered in a festive cartouche style. The outer brass ring mirrors the obverse with an equally elaborate continuous floral and foliate scroll decoration in raised relief. |
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| Reverse lettering | New 2011 Coin! |
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| Additional information |
North Korea introduced a new won in 2009 following a currency redenomination that wiped two zeros off the old won, a move that effectively confiscated private savings and triggered rare public protests in Pyongyang. The bimetallic 2011 issues — including this 30 won piece — were part of the physical rollout of that reformed currency, arriving roughly two years after the redenomination decree as the state scrambled to produce sufficient coinage.
The 2009 redenomination is widely considered one of the most economically destructive currency reforms in the country's modern history, with exchange caps set so low that families lost the bulk of their accumulated cash within days of the announcement.