This study is on the symbolism of banknotes\' portraits and the national identity. The results are as follows. First, The portraits on the banknotes should symbolizes the national identity of Republic of Korea(ROK). Second. the three figures of current banknotes don\'t fit with the national identity of ROK. Third, as a strategic intent of spreading the spirit of patriots and
veterans affairs, it is recommended that the portraits of new and old banknotes should be approached in the aspect of the symbolism of ROK\'s national identity.
Based on the above results, three practical implimentations are suggested. First, the portraits of the new higher-value banknotes should fit with the symbolism of ROK\'s national identity. Second, the three portraits of the current banknotes which don\'t fit with ROK\'s national identity should be changed. Third, Newcomers well representing the ROK\'s national identity should be incorporated in the members of the advisory committee to pick up the portraits of banknotes. In addition to that, It should be reconsidered that the authority of deciding the portraits of banknotes is delegated to the Ministry of patriots and veterans affairs that is well representing the national identity of ROK.