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In 2006, it became a major concern that the South Korean won banknotes were being counterfeited. This led the government to issue a new series of banknotes, with the 5,000 won note being the first one to be redesigned. Later in 2007, the 1,000 and 10,000 won notes were introduced. On June 23, 2009, the Bank of Korea released the 50,000 won note.
Bank of Korea issued notes (in Korean) Image Value Dimensions Main Color Description Date of Printer Obverse Reverse Obverse Reverse issue withdrawal 100 won 158 × 78 mm brown Gwanghwamun: Value July 22, 1950 February 17, 1953 National Printing Bureau (Japan) 500 won 145 × 61 mm blue Syngman Rhee: Pagoda Gongweon in Seoul October 10, 1952 ...
After the division of Korea, the state of South Korea was established and recognized in 1948, and won was again made the official currency of the new state. "jeon" was made the subunit of the currency that divided it into 100 equal parts. Bank of Joseon issued the currency for independent South Korea for the first time, that too in banknotes only.
Pages in category "Currencies of South Korea" ... 0–9. 1000 won note; 5000 won note; 10000 won note; 50000 won note; K. Korea Minting and Security Printing ...
SEOUL (Reuters) -The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S. Federal Reserve's cautious stance on more interest ...
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 Administration; South Korean won ...
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Due to the devaluation of the first South Korean won (from 15 won to the U.S. dollar in 1945 to 6000 won to the dollar in 1953), the hwan was introduced in 1953 at the rate of 1 hwan = 100 won. The hwan was nominally subdivided into 100 jeon but the lowest denomination issued was 1 hwan.