Page 54 - Currency Playbook
P. 54
REPUBLIC OF KOREA KRW
Won
Currency import-export restrictions:
Local/foreign currency in/out: free, must be declared if it exceeds US$10,000 or equivalent. Foreign currency out (by foreign) : up to amount imported or declared.
Reconversion on departure requires proof of prior exchange.
Easily exchanged currencies: all major. A BRIEF MONETARY HISTORY
1962: Won = 10 hwan
Issuer: “ THE BANK OF KOREA.” Current Notes
50,000 WON
5,000 WON
54
10,000 WON
1,000 WON
