Today’s exchange rate against the dollar is:
1.00 USD = 1,246.90 KRW
10,000w is the largest bill – coming in today at $8.02 against the dollar. There is rumor that they are going to be printing a 50,000w note. (Wikipedia.org)
“Sejong the Great (May 6, 1397 – May 18, 1450, r. 1418 - 1450) was the fourth king of the Joseon Dynasty of Korea. He is best remembered for creating the Korean alphabet hangul, despite strong opposition from the scholars educated in hanja (Chinese script). Sejong is one of only two Korean rulers posthumously honored with the appellation "the Great," the other being Gwanggaeto the Great of Goguryeo.” (Wikipedia.org)
5,000w is the next bill – coming in at $4.01
“Yi I (December 26, 1536-1584) was one of the two most prominent Korean Confucian scholars of the Joseon Dynasty, the other being his older contemporary, Yi Hwang (Toegye).” (Wikipedia.org)
1,000w is the last bill – coming in at $0.80
“Yi Hwang (1501-1570) is one of the two most prominent Korean Confucian scholars of the Joseon Dynasty” (Wikipedia.org)
The coins:
500w
100w
50w
Two different 10w
A lot of millionaires living in the country!
ReplyDelete