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 (; )
Theoretical (not used)
Banknotes₩1,000, ₩2,000, ₩5,000, ₩10,000, ₩50,000
Coins₩1, ₩5, ₩10, ₩50, ₩100, ₩500
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
Inflation2.4% (June 2024)[1]
ValueExchange Rate
1 USD = 1,390 KRW[2]
South Korean won
Hangul
대한민국 원
Hanja
大韓民國 원
Revised RomanizationDaehanminguk won
McCune–ReischauerTaehanmin'guk wŏn
The current won () does not officially have any hanja associated with it.[3][4]
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. ^ "Document Viewer".
  2. ^ "Seoul Money Brokerage".
  3. ^ Cite error: The named reference hangulonly1 was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference hangulonly2 was invoked but never defined (see the help page).