South Korean won
E6407
The South Korean won is the official currency of South Korea, known for its significant devaluation and subsequent reforms during the late-1990s Asian financial crisis.
Aliases (3)
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
currency
→
fiat currency → |
| centralBank |
Bank of Korea
→
|
| country |
South Korea
→
|
| crisisPeriod |
late 1990s
→
|
| denominationCode |
KRW banknotes and coins
→
|
| denominationStructure |
banknotes and coins
→
|
| experiencedEvent |
Asian financial crisis
→
|
| experiencedSignificantDevaluationDuring |
Asian financial crisis
→
|
| floatRegime |
managed float
→
|
| hasBanknoteDenomination |
1000 won
→
10000 won → 5000 won → 50000 won → |
| hasCoinDenomination |
10 won
→
100 won → 50 won → 500 won → |
| hasSecurityFeatures |
color-shifting ink
→
holograms → microprinting → watermarks → |
| introduced |
1945
→
|
| isAffectedBy |
South Korea’s interest rates
→
South Korea’s trade balance → global financial conditions → |
| ISO4217Code |
KRW
→
|
| isPartOf |
South Korean economy
→
|
| isPeggedTo |
no single currency
→
|
| isSubjectTo |
monetary policy of the Bank of Korea
→
|
| issuingAuthority |
Bank of Korea
→
|
| legalTenderIn |
Republic of Korea
→
|
| monetaryPolicyAuthority |
Bank of Korea
→
|
| officialCurrencyOf |
South Korea
→
|
| region |
East Asia
→
|
| replacedCurrency |
Korean yen
→
|
| subunit |
jeon
→
|
| subunitToUnitRatio |
100 jeon = 1 won
→
|
| symbol |
₩
→
|
| underwentReformsDuring |
Asian financial crisis
→
|
| usedFor |
domestic payments in South Korea
→
government budgeting in South Korea → pricing of goods and services in South Korea → tax payments in South Korea → |
| usedIn |
South Korea
→
South Korean financial markets → |
| writingSystem |
Hangul
→
Hanja → |
Referenced by (15)
| Subject (surface form when different) | Predicate |
|---|---|
|
Korea Exchange
→
Seoul → South Korea → |
currency |
|
Gangseo District
→
USAMGIK ("Korean won (under U.S. military administration)") → |
usesCurrency |
|
Bank of Korea
("KRW")
→
|
currencyCode |
|
Bank of Korea
→
|
currencyManaged |
|
1988 Summer Olympics
→
|
currencyOfHostCountry |
|
Seoul Peace Prize
→
|
hasCurrency |
|
Asian financial crisis of 1997–1998
→
|
involvesCurrency |
|
South Korean won
("KRW")
→
|
ISO4217Code |
|
North Korean won
→
|
relatedCurrency |
|
Korean yen (early period)
→
|
replacedBy |
|
Korean yen (early period)
→
|
successorCurrency |
|
United States Army Military Government in Korea
("South Korean won (late period)")
→
|
usedCurrency |