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In 2006, it became a major concern that the South Korean won banknotes were being counterfeited. This led the government to issue a new series of banknotes, with the 5,000 won note being the first one to be redesigned. Later in 2007, the 1,000 and 10,000 won notes were introduced. On June 23, 2009, the Bank of Korea released the 50,000 won note.
5,000 Won Emblem of Republic of Korea, Taeguk surrounded bu five roses of Sharon. D.H. Oh and D.K. Min Top Spinning Y.S. Lee and K.H. Kim Milled September 1988 Proof and Brilliant Uncirculated 131,394 (Pr), 51,351 (BU) [35] (Pr) $22.50 US, (BU) $15.00 US 5,000 Won Emblem of Republic of Korea, Taeguk surrounded bu five roses of Sharon.
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]
Here are the oddities to help you determine if your bills and coins are worth thousands or more. ... $5,000 and $10,000 were last printed in 1945 and issued until 1969, making them pretty rare ...
The Biggest Bills: $5,000, $10,000 and $100,000 You’re not likely to find the $100,000 bill out there, as it was used only for transactions between Federal Reserve Banks and was never put into ...
SEOUL (Reuters) -The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S. Federal Reserve's cautious stance on more interest ...
Won was introduced in 1902 as the official currency unit replacing yang at 1 won = 5 yang. The Bank of Korea was established in 1909 but soon after in 1910 Imperial Japan annexed the Korean Empire. Under Colonial rule, the country was made to use the currency unit "yen" in place of the Korean Won, which took over the Korean won at par.
Paper currency might not be as frequently discussed as coins, but that doesn't mean it's without value. In fact, some rare bills are worth thousands of dollars or more. It's all about finding a...