The first 50,000-won notes (Today worth about 30 Euros) were released in 2009. Its yellow color may be confusing with the light brownish 5,000 won note, especially since the face figures don’t feature any comma nor dot : Westerners would write 50,000 (fifty thousand) where Koreans read 5,0000 (five “man” or five “ten thousand”). The project for a KRW 100,000 bank note, also announced two years ago, has been postponed : fears of inflation cripled the process
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Spil Games Asia honcho with some ROK and PRC experience. Check out this blog for your daily photo feast and some background stories from Asia.
4 Comments on "Holding the new South Korean 50.000 KRW bank-note"
Holding the new South Korean 50.000 KRW bank-note http://goo.gl/fb/Ku9l
“50,000-won notes (Today worth about 30 Euros)”
I’m still amazed by the korean currency, how can you have such a great economy and a LOW currency!!! 50 000 W for 30 little € !!
True! Sometimes I needed suitcases to do my thing ;-)
Probably more important to ask: what can you buy for 50,000 won?