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The purpose of this template is to automatically convert and format Korean won applying adjustment for inflation where appropriate. Rates of exchange and inflation must be manually copied by editors in the supporting templates therefore this template's output does not necessarily reflect the present exchange rates or price indices but, rather, reflects the rates and indices at the time of the ...
Following the end of the Colonial Era and the division of Korea, the won was introduced to replace the Korean yen. The first banknotes were issued by the Bank of Joseon until 1950, when the currency management switched to the Bank of Korea. At the time of its introduction in 1945 the won was pegged to the Japanese yen at a rate of 1 won = 1 yen.
The first South Korean won was subdivided into 100 jeon. The South Korean won initially had a fixed exchange rate to the U.S. dollar at a rate of 15 won to 1 dollar. A series of devaluations followed, the later ones, in part, due to the Korean War (1950–53). The pegs were:
South Korea signed the Metre Convention in 1959 [10] and notionally adopted the metric system under Park Chung Hee on 10 May 1961, [11] [12] with a strict law banning the use of the Korean pound, li, gwan, and don [13] effective as of 1 January 1964 [11] and—after metric conversion of the land registries—the pyeong. [8]
dm dm US spelling: decimeter: 1.0 dm (3.9 in) centimetre: cm cm US spelling: centimeter: 1.0 cm (0.39 in) cm in; millimetre: mm mm US spelling: millimeter: 1.0 mm (0.039 in) mm in; micrometre: μm (um, micrometre) μm US spelling: micrometer: 1.0 μm (3.9 × 10 −5 in) nanometre: nm nm US spelling: nanometer: 1.0 nm (3.9 × 10 −8 in) non-SI ...
At the time of the introduction in 1945 the won was pegged to the Japanese yen at a rate of 1 won = 1 yen. In October of the same year, the anchor currency was changed to the US dollar at a rate of 15 won = 1 dollar. Toward the end of the Korean War the won was devaluated at 6,000 won = 1 dollar. Following that the hwan was introduced as the ...
Metric conversion may refer to: Converting a non-metric quantity to the metric equivalent; see "Conversion of units" Conversion of a country from non-metric units to ...
Korean won primarily refers to: South Korean won, the present currency of South Korea; North Korean won, the present currency of North Korea; It can also refer to these historical currencies: Korean Empire won, 1900–1910 currency in the Korean Empire; Won of the Red Army Command, 1945–1947 currency in northern Korea under the Soviet Civil ...