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At the time of its introduction in 1945 the won was pegged to the Japanese yen at a rate of 1 won = 1 yen. In October of the same year the anchor currency was changed to the US dollar at a rate of 15 won = 1 dollar. Toward the end of the Korean War the won was devalued at 6000 won = 1 dollar. [1]
From 1978 on, the North Korean government maintained an iconic rate of 2.16 won to the US dollar (which is said to have been based upon Kim Jong Il's birthday, 16 February). [4] Over the decades, however, rampant inflation eroded the currency's value, and from 2001 the government abandoned the rate in favor of those closer to the black market's.
This is a list of box office gross of domestic films in South Korea (adjusted for inflation) from 2004 to July 7, 2022, in South Korean won and US dollar according to the Korean Film Council. [ 5 ] Background shading indicates films are currently playing in theaters.
Numbers of US dollar millionaires by world region per Credit Suisse (2022) [2] Rank Region Numbers (in thousands) Percentage of world total numbers As percentage of total adult population - World 62,489 100.0 1.1 1 Northern America: 26,778 41.9 9.5 2 Europe: 16,696 26.7 2.8 3 Asia-Pacific: 10,755 17.2 0.8 4 China: 6,190 9.9 0.6 5 Latin America ...
10 million won or less 4.51M 31.6% 21.0 trillion won 5.70% 12 million won or less 5.41M 37.8% 31.3 trillion won 8.47% 30 million won or less 9.90M 69.3% 123.0 trillion won 33.28% 45 million won or less 11.89M 91.4% 123.0 trillion won 47.15% 60 million won or less 13.06M 91.7% 260.2 trillion won 70.41% 80 million won or less 13.82M 97.4%
As in the 1997 Asian financial crisis, Korean currency also experienced massive fluctuations, declining by 34% against the US dollar. [58] Annual growth in the economy slowed to 2.3% in 2008, and was expected to drop to as low as −4.5% by Goldman Sachs , [ 59 ] but South Korea was able to limit the downturn to a standstill at 0.2% in 2009. [ 60 ]
Jagte Raho was an overseas blockbuster at the Soviet box office, drawing 33.6 million Soviet viewers in 1965, [6] due to Raj Kapoor's popularity in the Soviet Union. In the Soviet Union, the film earned an estimated 8.4 million Rbls ( US$ 9.33 million or ₹ 4.44 crore ) in 1965, equivalent to US$90 million ( ₹ 477 crore) in 2016.
It then took in $5 million on its first day and $3.8 million on its second. It went on to gross $26.5 million in its opening weekend, for a five-day total of $35.2 million, finishing first at the box office . 38% of its audience was of Asian descent, which was the highest Asian makeup for a film in U.S. in the previous three years (besting The ...