Won

Won (원; 圓; McCune-Reischauer wŏn; Revised Romanization: won) is the official currency used in both South Korea and North Korea. Their exchange values differ, however.

Full names	Symbols	Abbr
North Korean won	￦n or Wn	KPW
South Korean won	￦ or W	KRW

Historically, North and South Korean won have been divided into 100 jeon (전; 錢; McCune-Reischauer: chŏn; Revised Romanization: jeon; in North Korea, it is also Romanized jun). Jeon are no longer used in South Korea, as the smallest amount of money that typically changes hands is 100 Won, or roughly 10 US cents.

The word jeon is also used in Korean to translate the word "cent," and in this context accompanies bul, which means "dollar." These two words are used by Koreans living in the United States and Canada when referring to the currencies of those two countries.

Table of contents

1 Exchange rates 1.1 North Korean won 1.2 South Korean won

Exchange rates

North Korean won

• Euro (EUR) = ￦n2.64
• UK pound (GBP) = ￦n3.89
• US dollar (USD) = ￦n2.20

• Euro (EUR) = ￦1419.75
• UK pound (GBP) = ￦2092.88
• US dollar (USD) = ￦1184.85

Won is also the name of a new Korean sect of Buddhism.