Apr 12, 2015 · North Korea had a currency revaluation in 2009 that cut 2 zeros off of each won note. So that 50,000 won used to be 5,000,000 won. That's the official exchange rate. Official exchange rates don't always reflect reality. According to this article, many transactions are conducted in Yuan, Dollars, or even chocopies.

Aug 10, 2020 · Pretty sure they’re actually really cheap on eBay. You just can’t find them or buy them as ‘North Korean currency’ bc of embargo. You should find them as “foreign currency”. They’re often in lots Edit: Here’s some I found with a quick search.

Jan 9, 2024 · initially, i misread the data and thought the south korean won was only a little MORE valuelable than the north's it took me a solid minute of staring at the exchange rate to realize it is worse than that, 1 north korean won equals 1.47 south korean won, despite the north having a GDP of only 18 billion, while the south has a gdp of over 1 TRILLION.

North Korea exports them to the West for sale in coin and souvenir shops, they're worth more there than when they circulate in NK so it's a profit for them. They've even reprinted old series and made various commemmorative overprints for that purpose.

Aug 26, 2023 · Export of DPRK won is illegal in North Korea, though the penalty was typically confiscation. Possession of the notes may violate US sanctions but I’m not a lawyer. Reply reply

And then there is the problem about punishing the pro-Japanese elite group inside Korea, who had actively helped Japanese Empire to rule Korea efficiently. North Korea did a far better job in investigating them and pulling them into courts. Without the Korean War, Korea wouldn't experience such an extreme downfall in the late 50s.

Assuming North Korea breaches Busan pocket before UN forces could solidify defenses, that would mean much shorter two months of war, maybe some minor skirmishes following years. For the South Koreans, a couple of hundreds of thousands, mostly families of soldiers and government officials would be evacuated to the Western Samoa, creating the ...

May 16, 2020 · It is supposed to be 리순신, at least per North Korean spelling conventions. In Sino-Korean words, some of ㄴ |n| and all of ㄹ |l| that come in the beginning of a word are dropped in pronunciation and not written out in the South, but all initial ㄴ and ㄹ …

Jul 2, 2023 · The Chinese and North Korean soldiers were eating corn dust everyday, because they didn't have fuel for trucks, so the trucks could not drive to deliver supplies. So, they were starving, and if the United States held on for three more years, they would've won.

May 16, 2017 · Long story short - I smuggled some North Korean won out the country, and I have some for sale - primarily 5000 won Notes. My problem is that I can't find any that have been sold in the past (probably because they're impossible to get hold of) and so, I …