North Korean Won - Other Currency Used

Other Currency Used

The BBC reports that in some department stores in Pyongyang, the North Korean won is not accepted; and the stores only take Japanese yen and U.S. dollars.

As of November 1, 2012 stores in North Korea take Euros, US Dollars, and Chinese RMB. RMB and Euro are the dominant currencies with 10 RMB equalling 1 Euro.

Read more about this topic:  North Korean Won

Famous quotes containing the word currency:

    There is no legislation—I care not what it is—tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.
    William Howard Taft (1857–1930)