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Inflation ex food and energy. The South Korean won (Symbol: ₩; Code: KRW; Korean: 대한민국 원) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates.
In the late 2010s, South Korean consecutive entrants Chang-dong's Burning and Joon-ho's Parasite shortlisted the International Feature Film category: The former became the first to make it to the final nine-film shortlist of the 91st Academy Awards for Best Foreign Language Film but it didn't make for the nomination. [2]
Main article: Korean won. The won was introduced in 1902, replacing the yang at a rate of 1 won = 5 yang. In 1909, the Bank of Korea was founded in Seoul as a central bank and began issuing currency of modern type. The won was equivalent to the Japanese yen and was replaced by the Korean yen in 1910.
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Coins were minted in the denominations of 1 ⁄ 2, 1, 5, 10 and 20 jeon, 1 ⁄ 2, 5, 10 and 20 won. [3] The coins all carried the title of the "state", Daehan (대한; 大韓), [3] and the Korean era name, Gwangmu (광무; 光武) and then Yunghui (융희; 隆熙), whilst the specifications were equivalent to the coins of the Japanese yen. [3]
A day after Kim Ye-ji won a silver medal in the 10-meter air pistol event at the Paris Olympics, she learned that the internet had decided she was the coolest shooter on the planet.
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