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5000 Won Donpyo
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2021 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Third Won (2009-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is set against a pale pink guilloche underprint with a vertical wavy security band at center-right. The large denomination numeral 5000 is printed in deep crimson at center, with the Korean legend 오천원 at lower right. The issuer name runs along the upper margin in Korean script, and a small vignette with guilloche ornament appears at lower left. Repeated pale numerals 5000 are visible within the background underprint across the entire field. |
| Reverse lettering | 조선민주주의인민공화국중앙은행 5000 오천원 (Translation: Central Bank of the Democratic People`s Republic of Korea, Five Thousand Won) |
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| Comments |
North Korea's "donpyo" (돈표) certificates occupy a strange bureaucratic space — they are not general circulation currency but internal exchange instruments, historically tied to access to foreign-currency shops and specific distribution systems. By 2021, the North Korean state had been issuing updated donpyo series with increasing frequency, partly in response to the near-complete dollarization of its informal markets, where Chinese yuan and US dollars had displaced the won for most transactions of any size.
A 5,000-won face value is nominally significant on paper but largely symbolic given the gap between official and market exchange rates.