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Democratic People’s Republic of Korea

Chosŏn Minchu-chui Inmin Konghwa-guk

Political Status: Communist people’s republic established September 9, 1948.

Area: 46, 540 sq. mi. (120, 538 sq. km.).

Population: 24, 051, 218 (2008C); 24, 577, 000 (2010E). The 2010 figure is in part an extrapolation of the 2008 figure, which is, however, provisional.

Major Urban Centers (2008C): PYONGYANG (2, 581, 076 city; 3, 255, 388 urban area), Namhung (703, 610), Chongjin (614, 892).

Official Language: Korean.

Monetary Unit: Won. The won is not readily convertible. On December 1, 2009, the won was internally revalued at a rate of 100 old won to 1 new won. This action did not affect the official exchange rate of 143.05 won = $1US. An August 2009 report by the U.S. Congressional Research Service gave a black market rate of 4, 300 ...

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