South Korean won

South Korean won
ISO 4217
CodeKRW (numeric: 410)
Unit
Unitwon
PluralThe language(s) of this currency do(es) not have a morphological plural distinction.
Symbol
Denominations
Subunit
1100jeon (전/錢)
Theoretical (not used)
Banknotes
 Freq. used₩1,000, ₩5,000, ₩10,000, ₩50,000
 Rarely used₩2,000
Coins
 Freq. used₩10, ₩50, ₩100, ₩500
 Rarely used₩1, ₩5
Demographics
User(s)South Korea
Issuance
Central bankBank of Korea
 Websiteeng.bok.or.kr
PrinterKorea Minting and Security Printing Corporation
 Websiteenglish.komsco.com
MintKorea Minting and Security Printing Corporation
 Websiteenglish.komsco.com
Valuation
Inflation1.3% (Feb 2016, Year-on-Year % Change)
 SourceFebruary 2016[1]
South Korean won
Hangul
Hanja
Revised RomanizationDaehanmin(-)guk won
McCune–ReischauerTaehanmin'guk wŏn
The current won (원) does not officially have any hanja associated with it.[2][3]
South Korean inflation
  M2 money supply increases
  Inflation
  Inflation ex food and energy

The South Korean won (Symbol: ; Code: KRW; Korean대한민국 원) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates. The currency is issued by the Bank of Korea, based in the capital city of Seoul.

  1. ^ "archive.ph". Archived from the original on 21 April 2016. Retrieved 2022-03-16.
  2. ^ Bank of Korea. "화폐 < 홍보교육자료 < 우리나라 화폐단위 변경 | 한국은행 홈페이지. #1" (in Korean). Archived from the original on 2015-09-23. Retrieved 2012-11-24. 한글로만 표기" → Translation: "Spelling in hangul only
  3. ^ "Entry in Standard Korean Language Dictionary (표준국어대사전)". Archived from the original on 2018-05-08. Retrieved 2018-05-08.