query: What is the currency in North Korea?
passage: North Korean won
The won (/wʌn/;[3] Korean: 원, Korean pronunciation:[wʌn]; symbol: ₩; code: KPW) or Korean People's won 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 capital city, Pyongyang.
passage: Korean currency
Due to devaluation of the won the hwan was introduced on February 15, 1953 at the rate of 1 hwan = 100 won. It was subdivided in 100 jeon, but they were never used. New banknotes in denominations between 10 and 1000 hwan were issued. Starting in 1959, 10 and 50 hwan coins were also issued to replace the lower denomination notes. Those were the first circulating coins in South Korea.