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Revision as of 07:25, 18 August 2003 editMenchi (talk | contribs)Administrators30,401 editsm #REDIRECT Won  Revision as of 00:37, 2 August 2005 edit undoAlbertR (talk | contribs)3,265 editsNo edit summaryNext edit →
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:''For the ] currency, see ].''
#REDIRECT ]

]

The '''won''' is the currency of ].

''Sampled on ], ]''
*] (EUR) = ₩1,232.82
*] (GBP) = ₩1,776.45
*] (USD) = ₩1,021.35

]

===Denominations===
]s currently in circulation are
*1 Won (Rose of Sharon, ])
*5 Won (Kobukson, Turtle ship, 65% ], 35% ])
*10 Won (Dabotab, ], 65% copper, 35% zinc)
*50 Won (Stalk of ], 70% copper, 18% zinc, 12% ])
*100 Won (] ], 75% copper, 25% nickel)
*500 Won (], 75% copper, 25% nickel)
]s in circulation are
*1000 Won (], ], Reverse: ] (Dosan Confucian Academy))
*5000 Won (], ], Reverse: Yi I's birthplace)
*10,000 Won (] and ], Reverse: Gyeonghuiru pavillion)

Strangely enough, the numerical denominations of won bills and coins are almost exactly the same as those of the ], even though the yen is worth about nine times as much as the won. But, although these ranges of denominations work just fine for the yen (in which case they're very similar to the denominations of the ] in circulation), they seem rather undervalued for the won, especially to American servicemen and Japanese visitors. Thus, the highest valued bill, the 10,000 won note, is worth only $10, while the lowest valued coin is worth only 0.1 U.S. cent. This is a holdover from when the Japanese and South Korean currencies had similar values; however, they have sinced diverged, with the yen strengthening and the won weakening. South Koreans often use electronic means of payment and credit cards to get around this problem with their cash. Also, 100,000 won bank checks (supyo) are used for large purchases and are dispensed from many ]s.

{{AsianCurrencies}}

]

Revision as of 00:37, 2 August 2005

For the North Korean currency, see North Korean won.
South Korean Won banknotes
South Korean Won banknotes

The won is the currency of South Korea.

Sampled on July 23, 2005

South Korean coins

Denominations

Coins currently in circulation are

  • 1 Won (Rose of Sharon, Aluminum)
  • 5 Won (Kobukson, Turtle ship, 65% copper, 35% zinc)
  • 10 Won (Dabotab, Pagoda, 65% copper, 35% zinc)
  • 50 Won (Stalk of rice, 70% copper, 18% zinc, 12% nickel)
  • 100 Won (Admiral Yi Sun-sin, 75% copper, 25% nickel)
  • 500 Won (Crane, 75% copper, 25% nickel)

Banknotes in circulation are

Strangely enough, the numerical denominations of won bills and coins are almost exactly the same as those of the Japanese yen, even though the yen is worth about nine times as much as the won. But, although these ranges of denominations work just fine for the yen (in which case they're very similar to the denominations of the U.S. dollar in circulation), they seem rather undervalued for the won, especially to American servicemen and Japanese visitors. Thus, the highest valued bill, the 10,000 won note, is worth only $10, while the lowest valued coin is worth only 0.1 U.S. cent. This is a holdover from when the Japanese and South Korean currencies had similar values; however, they have sinced diverged, with the yen strengthening and the won weakening. South Koreans often use electronic means of payment and credit cards to get around this problem with their cash. Also, 100,000 won bank checks (supyo) are used for large purchases and are dispensed from many ATMs.

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