The North Korean won (; Korean: 원, Korean pronunciation: [wʌn]; symbol: ₩; code: KPW), also known as the Korean People's won (조선인 원) or Democratic People's Republic of Korea won (조선민주주의인민공화국 원), 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 North Korean capital, Pyongyang.
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