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| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 1983 |
| Type | Exchange certificates |
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|---|---|
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| Reverse description | Central intaglio-engraved vignette of the dramatic rocky peaks and pine-forested slopes of Mt. Kumgang, with misty waterfalls cascading through the composition. A red rosette overprint stamp reading 외화와바꾼돈 appears at lower left, with large denomination numerals flanking the design and guilloche borders framing the note. |
| Reverse lettering | 외화와바꾼돈 5 조선민주주의인민공화국중앙은행 오원 (Translation: Central Bank of the Democratic People's Republic of Korea, Money exchanged with foreign currency, Five Won) |
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| Comments |
North Korea operated a dual-currency system for foreign visitors from 1979 onward, issuing convertible won certificates in color-coded series to control what foreigners could buy and where. The red overprint series — applied to existing notes — was designated for visitors from capitalist countries, distinguishing them from the blue-stamped certificates issued to socialist-bloc tourists. The two groups were steered toward different shops with different inventories and different price structures.
The segregation was enforced at the point of sale, not just at exchange. A red-stamp holder attempting to spend in the wrong venue would be turned away.