Currency/exchange rates
The North Korean currency is called the won and it is possible to obtain it when in North Korea but you can't spend it. Think of it as a souvenir. When I first arrived at the Yanggakdo Hotel, I noticed a small sign beside the reception counter saying "Exchange". My guide book (Lonely Planet) had said that it wasn't possible to exchange money for the won but along with the Exchange sign, there was also a list of foreign currencies and their exchange rates typed out on a piece of paper housed in a plastic holder. I changed 10 Chinese RMB for 175.10 won and received crisp, new notes and coins back. I was rather chuffed by this and went to tell other members of my tour party. The rates are the "official" rates but we all met an Italian guy working for UNICEF on the train back to Beijing who said that the unofficial black market rate was €1 = 4,000 won when the official rate was €1 = 192 won!...









