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The first South Korean won was subdivided into 100 jeon. The South Korean won initially had a fixed exchange rate to the U.S. dollar at a rate of 15 won to 1 dollar. A series of devaluations followed, the later ones, in part, due to the Korean War (1950–53). The pegs were:
US dollar This infobox shows the latest status before this currency was rendered obsolete. The won ( Korean : 원 ) was the first South Korean currency and was in use from August 15, 1945, to February 15, 1953.
South Korean won, the present currency of South Korea; North Korean won, the present currency of North Korea; It can also refer to these historical currencies: Korean Empire won, 1900–1910 currency in the Korean Empire; Won of the Red Army Command, 1945–1947 currency in northern Korea under the Soviet Civil Administration; South Korean won ...
A currency trader walks by a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the ...
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center ...
These are the fictional debts converted from South Korean won to US dollars based on current conversion rates. Player 196 owes $31,000. Song Ji-Woo plays player 196, Kang Mi-na, in "Squid Game."
Like South Korean won, this currency unit was also issued in banknotes initially but in 1959, coins denominated in hwan were also issued and were the first circulating coins in South Korea. Hwan had a peg with the US dollar but with time it also got devaluated. This was the reason for the reintroduction of won in 1962 as the official currency unit.
The pot increases to 20.1 billion Korean won ($13.6 million dollars) after the six-legged race in episode 5. Before the series cuts to credits in the season 2 finale , the pot stands at 35.6 ...