The 5 Won banknote of 1998, issued by the Central Bank of the Democratic People’s Republic of Korea, reflects the political and ideological themes of the country during the late 20th century.
The obverse depicts a resolute portrait of a young Korean woman symbolizing patriotism, progress, and the role of women in socialist society. Decorative guilloché patterns and inscriptions in Hangul frame the design, with the denomination prominently displayed.
The reverse illustrates the Arch of Triumph in Pyongyang, commemorating the Korean resistance against Japanese occupation and honoring national pride. The note is mainly issued in brown and green tones, with detailed engravings enhancing its security. It measures 135 × 65 mm and includes a geometric watermark.
Obverse
Kim Il-sung University in Pyongyang, Mangyongdae School Childrens’ Palace in Pyongyang, Students and pupils, and Symbol of an atom and nuclear power
Script: Hangul
Lettering:
조선민주주의인민공화국
중앙은행
주체87/(1998)
오원
Translation: Democratic People’s Republic of Korea, The Central Bank, Five Won
Reverse
Grand Peoples Study House on Mansan Hill in Pyongyang
Script: Hangul
Lettering:
조선민주주의인민공화국중앙은행
오원
Translation: Central Bank of the Democratic People’s Republic of Korea, Five Won
Watermark
Chollima statue
© Griffin S (CC BY-NC)
Comments
P#40a has finer printing than P#40b and lacks double date.


©Bank Note Museum
| Issuer | North Korea |
|---|---|
| Issuing bank | Central Bank of the Democratic People’s Republic of Korea (조선민주주의인민공화국중앙은행) |
| Period | Democratic People’s Republic (1948-date) |
| Type | Standard circulation banknotes |
| Years | 1992-1998 |
| Value | 5 Won (5 KPW) |
| Currency | Second Won (1959-2009) |
| Composition | Paper |
| Size | 126 × 60 mm |
| Shape | Rectangular |
| Demonetized | Yes |
