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Won of the Red Army Command

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1945–1947 currency in North Korea
Won of the Red Army Command
Korean: 붉은 군대 사령부의 원
1 won - front1 won - back
Denominations
Banknotes1, 5, 10, 100 won
CoinsNot issued
Demographics
Date of introduction3 September 1945
Date of withdrawal6 December 1947
Replaced byNorth Korean won
User(s)Soviet Union Korea under Soviet control
 North Korea
Issuance
Central bankCommand of the Red Army in Korea
This infobox shows the latest status before this currency was rendered obsolete.

Won of the Red Army Command (Korean: 붉은 군대 사령부의 원, romanizedbulg-eun gundae salyeongbuui won; Russian: Вона Командования Красной армии, romanizedVona Komandovaniya Krasnoy armii) were banknotes issued by the Soviet military command in North Korea and circulated from 1945 to 1947 in parallel with the Korean yen, and then with the DPRK won.

History

After liberation from Japanese forces, Korea was divided into two zones under the control of the American and Soviet military commanders. The zone dividing line ran along the 38th parallel. In circulation in both zones, the Korean yen continued to be used, the issue of which was made by the Bank of Joseon, located in the American zone of occupation, which did not give the Soviet military command the opportunity to use the issue of the bank to cover the costs of maintaining troops. In October 1945, 1, 5, 10 and 100 won banknotes were issued on behalf of the Red Army Command. The banknotes bear the date "1945" and the text is in Korean. The issue of banknotes was mainly limited to the locations of Soviet military units.

In December 1947, a monetary reform was carried out in North Korea, and the North Korean won was introduced instead of the Korean yen. The Won of the Red Army Command was not withdrawn from circulation during the reform, but its further release was discontinued.

List of banknotes

Вона Командования Красной армии
붉은 군대 사령부의 원
Won of the Red Army Command
Picture Value Colour Size
1 green 124х67 mm
5 brown 134х77 mm
10 violet 156х83 mm
100 pink 168х94 mm

See also

References

  1. Сенилов 1991, pp. 107–108.
  2. "Сенилов Б. "Выпуски денежных знаков Советской армии в Северо-Восточном Китае и Корее"". сайт bonistikaweb.ru.
  3. Cuhaj 2008, pp. 922.

Bibliography

  • Сенилов, Б.В. (1991). Военные деньги Второй мировой войны. М.: Финансы и статистика. p. 123.
  • Cuhaj, G.S. (2008). Standard Catalog of World Paper Money. General Issues 1368—1960 (12-е изд ed.). Iola: Krause Publications. p. 1223. ISBN 978-0-89689-730-4.

External links

Historical currencies of Korea
Mun
998–1105,
1423–1425,
1625–1892
Yang
1892–1902
Won
1902–1910
Yen
1902–1945
Won (Red Army)
1945–1947
North Korean old won
1947–1959
North Korean new won
1959–2009
North Korean third won
since 2009
South Korean old won
1945–1953
South Korean hwan
1953–1962
South Korean new won
since 1962
Etymology and history of the Korean currencies
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