WON - South Korean Monetary System



The South Korean unit of money is the won. At this time (2001) the value of the won is about 1,300 won per U.S. dollar. The thousand won bill at the left would equal about 77cents in U.S. money.

The largest South Korean bill is 10,000 won or about $7.70 U.S.

Exchange rate: Won/1 US $
1,296 (2001), 1,264.50 (2000),
1,138.00 (1999), 1,207.80 (1998),
1,415.00 (1997), 844.20 (1996)




Above: 10 won and 50 won coins.
At left: 5,000 won bill.




Above: 100 won and 500 won coins.
At left: 10,000 won bill.

When you go to the bank to get money you don't sign your name. You use a personal seal that has been made for you. This is your signature. Most of the seals are made from wood, but some are carved from stone like the three at the left.