The won (symbol: ₩; code: KPW) or Korean People's Won is the official
currency of North Korea. It is subdivided into 100 chon. The won is
issued by the Central Bank of the Democratic People's Republic of Korea,
based in the capital city, Pyongyang.
Won is a cognate of the
Chinese yuan and Japanese yen. All three names derive from the Chinese
word written 圓(원), which means "round shape".
50 Won banknote
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