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500 Won Foundation of the DPRK

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2005
Type Commemorative banknote
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Obverse lettering 조선민주주의인민공화국 중앙은행 조선민주주의인민공화국창건60돐 500 오백원
(Translation: The Central Bank of the Democratic People's Republic of Korea, Founding of the Democratic People's Republic of Korea 60 Years, Five Hundred Won)
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Reverse lettering 조선민주주의인민공화국중앙은행 500 오백원
(Translation: The Central Bank of the Democratic People's Republic of Korea, Five Hundred Won)
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Comments

The date printed on this note — 30 April 1945 — is not an issuance date but a commemorative one: the founding date of the Korean People's Army is conventionally anchored to events in that final week of the Second World War, before the formal establishment of the DPRK itself in September 1948. The 500 Won denomination places this firmly within the post-2002 currency restructuring period, when the DPRK issued a wave of commemorative and circulating notes under the Central Bank following the July 2002 economic reforms.

P#47B suggests a variant within the series — likely a signature or print run difference from the base type.

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