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Information on currency of Korea for ESL Teachers / TEFL Teachers

 

Currency of South Korea

The won is the currency of South Korea. The won was the first currency of South Korea between 1945 and 1953, with the currently circulating won introduced in 1962. The won is subdivided into 100 jeon, although denominations in jeon are no longer used, except in foreign currency exchange rates. Its ISO 4217 code is KRW. The Latinized symbol for won is ₩. 1 South Korean won = 0.000951 U.S. dollars

 

 

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