Korean People's Won EXPLAINED | North Korea Money & Korean Won

North Korean Won is perhaps the least discussed currency in the world. Despite stretching back less than a century, the coins and banknotes in the DPRK have an extensive design history. From Red Army Won in 1945 to the introduction of bankcards in recent years, the Korean People's Won is an incredibly intricate and interesting topic.

Timestamps:
0:00 Intro & Red Army Won:
2:22 First Won (1947)
3:12 Second Won (1959 Edition)
5:45 Second Won (1978 Edition)
8:24 Second Won (1992 Edition)
11:55 Third Won (2009)
16:13 Foreigner Currency & Bank Cards

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Music:
Unidentified KCTV Music
Aegukka - National Athem (1947 Recording)
Long Live the Worker's Party of Korea
My Country is the Best (Intrumental)
The Internationale (Instrumental)
Don't Advance Night of Pyongyang (Intrumental)
Don't Ask My Name - Wangjaesan Light Music Band
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🧧 In Collaboration With DPRK_Banknotes
Instagram: @DPRK_Banknotes
WhatsApp: shypgx
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🧧 Social Media
Twitter: @BenWestonDPRK
Instagram: @BenWestonDPRK
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#NorthKorea #DPRK

[DPRKExplained]

Well, that was a long video. If you enjoyed this deep dive into the DPRK's currency please share the video and subscribe to the channel. I've got plenty of ideas to work on so there'll no doubt be more to come. In the meantime, keep your suggestions coming!

Also, if you finish this video and are at a loss for what to do next, I recommend going and listening to the Wangjaesan' Light Music Band's version of 'Don't Ask My Name'. It's the ending music for this video and thus far, simply the best thing I've ever come across.

[David-zxrt]

wow. my brother lived in china a while ago, and when he came back to visit initially, he brought me a banknote and told me that it was from korea. I watched this and realized that it was a 1998 issue 5000 won note. Wow!

[thguy]

I wish this guy was everybody's source on the DPRK. Completely neutral, no political or national bias. Very well edited and narrated too.

[easymoneysniper]

You have great content - keep it up man, you’re filling a needed niche

[superluigi]

Two things that should be noted is that with the banknotes, there are many Commemorative issues. For example, the 50 won at 13:19 has a overprint under the emblem Commemorating the 100th anniversary of Kim Il Sung's Birthday. There are Commemorative overprints on the 1978, 1992, and 2009 issues for various other things. It is also worth noting that prior to the foreigner issues of the won (The foreigner notes featured in the video were from 1988), they used to just put overprints on the back of the 1978 series. You can see one on the back of the 1 won note at 6:43. The colour scheme is a bit different, red is for Western currencies while blue is for Socialist currencies as seen on the 5 won at 7:03. Either way, I definitely enjoyed the video and you have earned a subscriber!!

[therichardsden]

love the totally unbiased neutrality! Great video and strangely engrossing

[prohub]

It's funny that 'Korean yen' was widely used in Northern China (Japan occupation arear) during the World War II which was called "Elder money" due to the print on it, and its value was a bit stable than the Japanese military currency and puppet government official currency ....

[Sprinkles-ry]

So happy to see a new video :) thank you. Quality and informative as always!!

[realHiromi]

Nice content as usual! I remember buying some souvenir in Yanggakdo Hotel with RMB, and the cashier had to go to the store next door to get me some change. There are many street vendors selling souvenir Korean won packs in DanDong across the border. One pack is around 15RMB (2.5 USD) which contains a full set of the 1992 series.

[-wealuka]

Another banger mate, appreciate your work

[joeylax]

Awesome video. Very informative. Great work

[cansadoyt]

What a great video! You had a very hard working on researching it! Thanks a lot!😍

[idkstillme]

From the moment I started watching you, I knew you would be a good channel, praise the YouTube algorithm!

[loulou]

What I learned from this video:
50% Currency of the DPRK
50% The word "obverse"

[brycepalmer]

Glad NK News did a podcast on yalls sites and channels. Great videos.

[stefanosiclari]

11:09
I have seen several of these banknotes and there's one thing I don't understand: all Korean bills seem to have the numbers on the left side, and the text in korean characters on the right side - for the 5000 Won bill, however, they are mirrored? Why is that?

[toddbevan]

Excellent editing, information and narration.

[Mike-mcty]

Great job! I love how this channel covers such unique topics

[Ggdivhjkjl]

The Flower Girl is an excellent film with many beautiful songs.

[EduardoW-vi]

I haven't watched yet. However, I know it's worth my time. Congrats for your excellent work! Be proud of it.