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Information about Won

This page provides the history of the currency prior to 1945. For the later South and North Korean currencies, see South Korean won and North Korean won. For the former online gaming service, see World Opponent Network.


The won (圓) was the currency of Korea between 1902 and 1910. It was subdivided into 100 chon (錢).

Korean won
Hangul원, 전
Hanja圓, 錢
Revised Romanizationwon, jeon
McCune-Reischauerwŏn, chŏn

Etymology

Main article: Etymology of the Korean currencies
Won is a cognate of the Chinese yuan and Japanese yen.

History

Main article: History of the Korean currencies
The won was introduced in 1902, replacing the yang at a rate of 1 won = 5 yang. In 1909, the Bank of Korea (韓國銀行) was founded in Seoul as a central bank and began issuing currency of a modern type. The won was equivalent to the Japanese yen and was replaced by the Japanese currency and the Korean yen in 1910 when Korea lost its sovereignty to Japan. In 1910, the Bank of Korea was renamed the Bank of Joseon (朝鮮銀行), which issued notes denominated in yen and sen.

Coins

Coins were minted in the denominations of ½, 1, 5, 10 and 20 chon, ½, 5, 10 and 20 won. The coins all carried the title of the "state", Daehan (대한; 大韓), and the Korean era name, Gwangmu (광무; 光武) and then Yunghui (융희;隆熙), whilst the specifications were equivalent to the coins of the Japanese yen.

Korean Won Coins
Denomination Composition
½ chonBronze
1 chon
5 chonCupronickel
10 chon800‰ silver
20 chon
½ won
5 won900‰ gold
10 won
20 won

Banknotes

No banknotes were issued denominated in won. However, Korean yen notes were issued by Dai Ichi Ginko (First National Bank (of Japan), 株式會社第一銀行).

See also

References



Preceded by:
Korean yang
Reason: heavier influence by Japan
Ratio: 1 won = 5 yang		Currency of Korea
1902 – 1910
Concurrent with: Korean yen		Succeeded by:
Korean yen
Reason: complete annexation by Japan
Ratio: at par
 •  • [ e]
Historical currencies of Korea     
Mun
1633–1892 		Yang
1892–1902 		Won
1902–1910 		Yen
1902–1945
N. old won
1947–1959 		N. new won
1959–present
S. old won
1945–1953 		Hwan
1953–1962 		S. new won
1962–present
See also: Etymology of the Korean currencies History of the Korean currencies
South Korean won
대한민국 원 (Hangul)
大韓民國 원1 (Hanja)
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North Korean won
조선민주주의인민공화국 원 (Korean)
..... Click the link for more information.
World Opponent Network or WON was an online gaming service, created by Sierra Games as the Sierra Internet Gaming System (SIGS). WON was used by games such as Homeworld, Half-Life, , Soldier of Fortune, Dark Reign 2,
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Capital Seoul, Pyongyang

Largest conurbation (population) Seoul
Official languages Korean
 -  Water (%) 2.
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Hangul (한글) or Chosŏn'gŭl (조선글) [2]

ISO 15924 Hang

Note
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Origins
Traditional Chinese
Variant characters
Simplified Chinese
Simplified Chinese (2nd-round)
Traditional/Simplified (debate)
Kanji
- Man'yōgana
Hanja
- Idu
Han Tu
- Chữ Nm

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The Revised Romanization of Korean is the official Korean language romanization system in South Korea. It is the official South Korean replacement for the 1984 McCune-Reischauer–based romanization system.
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McCune-Reischauer romanization is one of the two most widely used Korean language romanization systems, along with the Revised Romanization of Korean, which replaced (a modified) McCune-Reischauer as the official romanization system in South Korea in 2000.
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Won is the currency of both North and South Korea. Won is a cognate of the Chinese currency unit, yuan and the Japanese currency unit, yen, meaning "round object". The won is subdivided into 100 jeon (전; 錢; McCune-Reischauer: chŏn
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In linguistics, cognates are words that have a common origin. They may occur within a language, such as shirt and skirt as two English words descended from the Proto-Indo-European word *sker-, meaning "to cut". They may also occur across languages, e.g.
..... Click the link for more information.
Renminbi ( People's Republic of China) and New Taiwan dollar ( Republic of China (Taiwan)).
The yuan (everyday use: 元; Traditional Chinese: 圓
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Japanese yen
日本円 (Japanese)

¥10000 engraved by Edoardo Chiossone Circulated coins in all 6 denominations
ISO 4217 Code JPY
User(s) Japan

Inflation 0.
..... Click the link for more information.
History of Korea
Jeulmun Period
Mumun Period
Gojoseon, Jin
Proto-Three Kingdoms:
 Buyeo, Okjeo, Dongye
 Samhan
   Ma, Byeon, Jin
Three Kingdoms:
 Goguryeo
   Sui wars
 Baekje
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yang (양/兩) was the currency of Korea between 1892 and 1902. It was subdivided into 10 jeon (전/錢), 100 bun (분/分) and 5 yang = 1 hwan (환/圜).
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Seoul (서울) listen   (help info ) [sʌ.
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Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
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Japanese yen
日本円 (Japanese)

¥10000 engraved by Edoardo Chiossone Circulated coins in all 6 denominations
ISO 4217 Code JPY
User(s) Japan

Inflation 0.
..... Click the link for more information.
For other uses, see Yen (disambiguation).


The yen was the currency of Korea between 1910 and 1945. It was equivalent to the Japanese yen and consisted of Japanese currency and banknotes issued specifically for Korea.
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Korea under Japanese rule was the period when Korea was a part of the Japanese Empire from 1910 to 1945. Japan's involvement began with the 1876 Treaty of Ganghwa during the Joseon Dynasty of Korea and increased with the subsequent assassination of Empress Myeongseong at
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Bank of Joseon was the bank responsible for issuing currency in South Korea from 1910 to June 12 1950. It was previously known as the Bank of Korea, established in 1909, but renamed under the Japanese occupation. The bank was replaced in 1950 by the newly formed Bank of Korea.
..... Click the link for more information.
For other uses, see Yen (disambiguation).


The yen was the currency of Korea between 1910 and 1945. It was equivalent to the Japanese yen and consisted of Japanese currency and banknotes issued specifically for Korea.
..... Click the link for more information.
Motto
홍익인간(弘益人間) 널리 인간을 이롭게 하?
Anthem
Aegukga (애국가; 愛國歌)
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Korean era names were used during the period of Silla, Goguryeo, Balhae, Taebong, Goryeo, Joseon, and the Korean Empire. Dangun-giwon, the era name originating from the foundation of Gojoseon is also widely used in Korea as an indication of long civilisation of Korea.
..... Click the link for more information.
Gojong, the Gwangmu Emperor (July 25 1852–January 21 1919) was the twenty-sixth king of the Korean Joseon Dynasty and the first emperor of the Korean Empire.

Rise to the throne

Gojong took the throne in 1863 when he was still a child.
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Sunjong
Emperor of Korea

Reign 1907 - 1910
Born March 25 1874(1874--)
Died March 24 1926 (aged 52), aged 52
Predecessor Gojong of Korea
Heir-Apparent
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Japanese yen
日本円 (Japanese)

¥10000 engraved by Edoardo Chiossone Circulated coins in all 6 denominations
ISO 4217 Code JPY
User(s) Japan

Inflation 0.
..... Click the link for more information.
Bronze is any of a broad range of copper alloys, usually with tin as the main additive, but sometimes with other elements such as phosphorus, manganese, aluminium, or silicon. (See table below.) It was particularly significant in antiquity, giving its name to the Bronze Age.
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Cupronickel is an alloy of copper, nickel and strengthening impurities, such as iron and manganese. Cupronickel does not corrode in seawater, because its electrode potential is adjusted to be neutral with regard to seawater.
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Silver (IPA: /ˈsɪlvə(ɹ)/) is a chemical element with the symbol Ag (Latin: argentum) and atomic number 47.
..... Click the link for more information.
GOLD refers to one of the following:
  • GOLD (IEEE) is an IEEE program designed to garner more student members at the university level (Graduates of the Last Decade).
  • GOLD (parser) is an open source BNF parser.

..... Click the link for more information.


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