Sunday, 25 March 2012

language and currency

The official language of North Korea is Korean. Written Korean has its own alphabet, called hangul.
Over the past several decades, the government of North Korea has attempted to purge borrowed vocabulary from the lexicon.
Meanwhile, South Koreans have adopted words such as "PC" for personal computer, "handufone" for mobile phone, etc. While the northern and southern dialects are still mutually intelligible, they are diverging from one another after 60+ years of sWon is the Korean currency, Won is considered as the national currency both in north and South Korea. In Korea Currency, one won is subdivided in to 100 chon.
The Central Bank of the Democratic People's Republic of Korea issues the Won. Won has originated from the Japanese Yen and the Chinese Yuan.

On the month of November in the year 1947, in North Korea, Korean Yen got replaced by Korean Won. Korea currency, Won, in North Korea is meant exclusively for the citizens of North Korea. Like other socialist states, a separate Korean currency was issued by Bank of Trade specially for the visitors.

The North Korean Government, in the year 2001, derelicted the iconic rate of 2.16 won to dollar. The value of Korea currency as won is decreasing day by day due to the inflation.

North Korea currency and South Korea currency have different values altogether.

The coins that are circulated in North Korea as part of the Korea Currency are :
  • 1 chon
  • 5 chon
  • 10 chon
  • 50 chon
The bank notes that are in circulation in north Korea as a part of Korea Currency are :
  • 1 Won
  • 5 Won
  • 10 Won
  • 50 Won
  • 100 Won
  • 200 Won
  • 500 Won
  • 1000 Won
  • 5000 Won
In the Korea Currency, there are two varieties of foreign certificates for the visitors. Foreign certificates that are red in color are meant for the visitors from the socialist countries where as the blue or green colored certificates are meant for visitors from capitalist countries.

eparation

No comments:

Post a Comment