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Topic: Korean Won


  
  Korean won - Wikipedia, the free encyclopedia
Won is a cognate of the Chinese yuan and Japanese yen.
The won was introduced in 1902, replacing the yang at a rate of 1 won = 5 yang.
The won was equivalent to the Japanese yen and was replaced by the Korean yen in 1910.
en.wikipedia.org /wiki/Won   (396 words)

  
 South Korean won - Wikipedia, the free encyclopedia
Initially, the won was issued by Bank of Chosŏn (조선은행; 朝鮮銀行), with a similar design to the older notes of the Japanese occupation period.
This won was replaced by the hwan on February 15, 1953 at a rate of 1 hwan = 100 won.
The won was reintroduced on June 9, 1962 at a rate of 1 won = 10 hwan.
en.wikipedia.org /wiki/South_Korean_won   (1405 words)

  
 NationMaster - Encyclopedia: North Korean won   (Site not responding. Last check: 2007-10-11)
The won is the currency of North Korea.
The won became the currency of North Korea in 1945, replacing the Japanese yen at par.
Won (pronounced like the past tense of the English verb (to) win; a cognate of Chinese "yuan" and Japanese "yen") is the shared name of the separate official currencies of South Korea and North Korea.
www.nationmaster.com /encyclopedia/North-Korean-won   (1749 words)

  
 North_Korean_won - The real meaning from Timesharetalk wikipedia   (Site not responding. Last check: 2007-10-11)
The won became the currency of North Korea in 1945, replacing the Korean yen.
North Korean won are intended exclusively for North Korean citizens, and the Central Bank issues a separate currency (or foreign exchange certificates) for visitors, like many other communist states.
Since 2001, the North Korean government has abandoned the meaningless rate of 2.16 won to the dollar (which is said to have been based upon Kim Jong-il's birthday, February 16) and banks in the country now issue at rates closer to the fl market rate.
www.timesharetalk.co.uk /information.asp?k=North_Korean_won   (651 words)

  
 Won: Facts and details from Encyclopedia Topic   (Site not responding. Last check: 2007-10-11)
The revised romanization of korean is the official korean language romanization system in south korea....
Hangul is the native alphabet used to write the korean language (as opposed to the hanja system borrowed from china)....
Yi i (26 december, 1536-1584) was one of the two most prominent korean confucian scholars of the joseon dynasty, the other being his older contemporary,...
www.absoluteastronomy.com /encyclopedia/w/wo/won.htm   (1979 words)

  
 International Economics - Historial Exchange Rate Regime of Asian Countries   (Site not responding. Last check: 2007-10-11)
The regulations on the period of forward exchange contracts between the Korean Won and foreign currencies, previously limited to 1 year or less, were abolished.
The exchange rates of the Korean Won against currencies other than the U.S. Dollar would be determined in relation to the exchange rate of the U.S. Dollar against these currencies in the international foreign exchange market.
The exchange rate of the Korean Won was allowed to float freely which was determined on the basis of supply and demand.
intl.econ.cuhk.edu.hk /exchange_rate_regime/index.php?cid=7   (1753 words)

  
 ATIP98.085 : Korean Software Industry in 1998   (Site not responding. Last check: 2007-10-11)
Korean domestic producers who are not aligned as subsidiaries or joint ventures with foreign producers play a larger part in the applications market than Korean firms do in other software markets.
Korean word processors are the one area of this software field in which Koreans are very competitive.
Korean language processing did not prove to be much of a barrier to foreign entry into the word processor market.
www.atip.org /public/atip.reports.98/atip98.085r.html   (4022 words)

  
 United States - WT/DS179/R
The DOC concluded that use of the won amount was appropriate because the customers paid in won, the merchandise was charged to the sales ledger in won, and the exchange rate used by POSCO to calculate the won equivalent of the dollar amount was dissimilar to the "market" exchange rate used by the DOC.
In short, the DOC concluded that local sales were made in won because the amount to be paid was fixed in won on the date of invoice irrespective of subsequent movements in the won/dollar exchange rate between the date of invoice and the date of payment.
Rather, the won amount ultimately paid would be determined by converting the dollar amount appearing on the invoice into won at the rate of exchange prevailing on the date of payment.
www.sice.oas.org /dispute/wto/ds179/ds179r3e.asp   (4432 words)

  
 News Article
CLS Bank International (CLS Bank) announces that the Board of Directors of CLS Bank has endorsed, in principle, the inclusion of the Korean Won as a CLS Bank eligible currency once all the requirements in CLS Bank’s rules have been satisfied and the necessary regulatory approvals have been obtained.
As with all prospective eligible currencies, the Korean Won will become eligible once the full CLS Bank and regulatory approval processes have been satisfied and the technical implementation is completed.
Announcing the new currency, Joseph De Feo, President and CEO of CLS Bank, said: “With the addition of the Korean Won, we are continuing to expand the range of currencies eligible for settlement at CLS Bank.
www.cls-group.com /news/article.cfm?objectid=BA9B3EBA-9E09-4ED1-B74222619102587C   (440 words)

  
 North Korean Won Stretches Definition Of 'Currency'   (Site not responding. Last check: 2007-10-11)
Speculation has it that the government has fixed the won's rate against the dollar around that level to commemorate the February 16 birthday of Kim Jong-il, the country's semi-divine leader.
North Korean residents didn't need money because all their needs were met by the state distribution system - one of the most complete anywhere in the Communist world.
The result has been an increasing marginalization of the North Korean won - also nicknamed the 'brown' won for its brown and grubby appearance - in the economy.
www2.gol.com /users/coynerhm/north_korean_won_stretches_defin.htm   (852 words)

  
 Banking / Money - Korean Money   (Site not responding. Last check: 2007-10-11)
Korea's monetary unit, the won, is traded against all international currencies.
During the financial crisis beginning in late 1997, the value of the won fell to almost 2,000 won/US$.
) in denominations of 100,000 won or higher can be issued by banks on-demand, but are sometimes subject to a handling charge by merchants, especially is cashed outside of the city where they are issued.
english.kangnam.seoul.kr /residency/banking/money.htm   (293 words)

  
 Ex- N.Korean Spies Won't Go Home
Bae is among 23 former communist spies and guerrillas who have decided to remain with their families in the South, even though many left behind relatives in the North decades ago and know they would receive a hero's welcome if they returned.
"My (South Korean) wife is 80 years old and seriously ill. Without my care, she may die tomorrow," Bae said in a telephone interview from Bonghwa, 150 miles southeast of Seoul.
Many North Koreans who chose to stay in South Korea cite the difficulty of separating from their families in the South.
www.washingtonpost.com /wp-srv/aponline/20000831/aponline031145_000.htm   (715 words)

  
 Korean won, online trading - Currencies: South Korean won drops - Marketplace by Bloomberg
The fare is 6000 Korean Won and the bus departs every 30 minutes.
The average Seoul subway fare is 880 Korean won (NT$22).
The South Korean won dropped on Monday, halting a two-day advance, on speculation the central bank may sell the currency in order to protect exporters.
online-trading.sitesseek.com /q/online-trading-korean-won.htm   (229 words)

  
 Seoul Searching - Information about Seoul transportation systems and getting around by bus, subway, rail, air, rental ...
The fare from Kimpo International Airport to downtown of Seoul is approximately 20,000 to 30,000 South Korean Won and from Kimpo to Jamsil is about 35,000 South Korean Won.
Usually, it costs 50,000 to 70,000 South Korean Won per day to rent a small car, 70,000 to 90,000 South Korean Won for a mid-sized car, 120,000 to 270,000 for a deluxe car and 90,000 to 100,000 for a van (April, 2002 rough estimates).
Seoul's subways are marked in both Korean, English and Chinese characters on signs, maps, and on public address announcements.
www.seoulsearching.com /transportation   (1128 words)

  
 Bloomberg.com: Top Worldwide   (Site not responding. Last check: 2007-10-11)
The won fell 0.8 percent to 1,165.15 against the dollar as of 10:16 a.m.
Won gains may slow exports and make it more difficult for the government to achieve this year's 6 percent economic- growth forecast, she said.
The won ``in the long term should be somewhat managed, so it fully reflects the economic prospects that the South Korean economy has,'' Lee also said during a lunch in New York sponsored by Citigroup Inc. and Goldman Sachs Group Inc. yesterday.
quote.bloomberg.com /apps/news?pid=10000006&sid=aZY9LmUSJkZE&refer=home   (498 words)

  
 The Pine Journal - Cloquet, Minnesota   (Site not responding. Last check: 2007-10-11)
On Sunday, Korean War veterans around the world paused to remember the 50th anniversary of the signing of an armistice to end the fighting.
Miraculously, Couture was never wounded during the Korean War, although he did suffer severe frostbite on his feet, and is currently classified as 50 percent disabled.
During his time in the Korean War, Couture figured he helped carry “at least 100 wounded Marines to safety.” He also captured three prisoners of war.
www.cloquetmn.com /journal/index.php?story_id=147953&view=text   (1884 words)

  
 North Korean 100 Won Note from Korean War   (Site not responding. Last check: 2007-10-11)
In 1950-51 while I was there the exchange rate was 6,000 Won to the U.S. Dollar.
I used a 1,000 South Korean bill to pay for a haircut and shave and received 970 Won in exchange.
The Korean Language has only 24 letters and was easy for me to learn.
www.paulnoll.com /Korea/History/money-NK-100.html   (227 words)

  
 Korean Won (KRW) Currency Information InsideAirports.com   (Site not responding. Last check: 2007-10-11)
Coins- 10 Korean Won, 50 Korean Won, 100 Korean Won and 500 Korean Won.
Notes- 1,000 Korean Won, 5,000 Korean Won and 10,000 Korean Won.
The won is commonly marked as "W" followed by the amount.
www.insideairports.com /currencies/krw.asp   (103 words)

  
 Japan
Last November, the South Korean government took steps to ease its foreign exchange regulations to allow the Korean currency to be exchanged overseas.
The move was also intended to make it easier for Japanese or other foreign travelers to exchange yen for won before coming to South Korea and sell their won for yen upon their return.
The official also said the Japanese financial sector is expected to see a rise in demand for the Korean won in anticipation of the Asian Games in the South Korean port city of Busan in September.
www.atimes.com /japan-econ/DE11Dh01.html   (492 words)

  
 FatMan Seoul
Indeed, most Korean men claim to have at least kimchi chigae down, but on the other hand, it seems to be a dish that is quite hard to cook really well.
With cheese stuffed inside, unlike original Korean style, the kyeranmari served here first pleases the eyes with its surprisingly generous portions and then pleases the mouth with the rich and exotic taste of a Korean dish with a western touch.
KRW is the abbreviation for Korean Won, the currency of South Korea.
fatman-seoul.blogspot.com   (3922 words)

  
 Allied Banknotes PSYOP of the Korean War
The reverse consisted of the one won note border, the Republic of Korea National Flag in full color, a message indicating it was a Safe Conduct Pass, and the signature of the Chairman of the Joint Military Staff, Republic of Korea Armed Forces.
The idea for using a North Korean one won note was to enable the target audience to "hide" the bill by placing it in with other bills.
In all three cases the front of the leaflet is an excellent reproduction of the North Korean banknote, with the serial number 276320.
www.psywarrior.com /KoreaSCP.html   (6314 words)

  
 ipedia.com: Won Article   (Site not responding. Last check: 2007-10-11)
Full names Symbols Abbr North Korean won n or Wn KPW South Korean won or W KRW Historicall...
Won (원; 圓; McCune-Reischauer wŏn; Revised Romanization: won) is the official currency used in both South Korea and North Korea.
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.
www.ipedia.com /won.html   (197 words)

  
 BeeWon Restaurant
Many people are just becoming experienced with Korean Cuisine.
Korean cuisine features a variety of hot and spicy dishes and many tasty mild foods.
Founded in 1980, Bee Won Restaurant is the oldest Korean restaurant in the Washington, DC metropolitan area including Maryland.
www.fairfaxcountywebsite.com /BeeWonRestaurant.htm   (206 words)

  
 Asia with PRIDE - Currency Crisis! - Teacher's Guide
This data is entered on the Currency Exchange Worksheet where the student then calculates the won value of an American car, and the dollar value of a Korean car.
Students then examine the changing value of the won by looking at the Daily Exchange Rate Graph which shows the number of US dollar per South Korean won from January 1997 to May 1998.
While the cartoon of the won rising is a bit exaggerated, clearly the South Korean economy is on the road to recovery.
www.intandem.com /NewPrideSite/Asia/Lesson13/Lesson13_Tchr.html   (1388 words)

  
 Korean Won - FXMessage
I have a korean bank account and a NZ bank account.
I can transfer won from here to my NZ account no problem.
However I have been using Oanda to check on conversion rates regularly and I notice you have a pull down menu that allows the user to choose the type of exchange.
www.oanda.com /products/msgboard/ubb/Forum8/HTML/000349.html   (159 words)

  
 Greg Moses: Korean Labor Won't Back Down
wenty-five teachers from the Korean Teachers and Education Worker's Union (KTU), who were just released from jail Thursday evening, are planning to resume their protest Saturday with an overnight vigil near the Ministry of Education (MOE), says a KTU source, who was reached by telephone at the union's headquarters in Seoul.
While the June 28 story reports that the MOE had concluded that the "data on the homepage of the Korean Teachers' Union is a collection of objective facts", the situation changed overnight.
The Korean KCTU and the Iraqi WCUI are not the only labor coalitions in their respective countries that oppose the occupation of Iraq, but a distant reader gets the impression that these two groups are similarly committed to broader agendas of social change and labor empowerment.
www.counterpunch.org /moses07032004.html   (2326 words)

  
 Freshfields Bruckhaus Deringer completes unique Korean securitisation in a difficult market - Media release - ...
In addition, a Korean trust and a Korean ABS Act special purpose vehicle (SPV) were used in the transaction and the usual offshore, typically Cayman Islands, SPV was dispensed with.
As there is not yet a developed Korean won-euro swap market, the swap provider needed to conduct two back-to-back transactions (Korean won-US dollar and US dollar-euro) in order to perform its obligations under the swap agreement to swap Korean won into euro.
The completion of this transaction is significant since the international Korean ABS market has been relatively quiet since the end of 2002 as a result of the rising credit card default rates.
www.freshfields.com /news/dynamic/Pressrelease.asp?newsitem=380   (489 words)

  
 Guardian International Currency Korean Won
The South Korean currency is called the Won.
Korean banknotes are issued in the following denominations: 1000, 5000, and 10000 Won.
Smaller values are issued as coins, ranging from 1 Won to 500 Won.
www.guardianfx.com /information/asia/korea.html   (87 words)

  
 Dollar Takes a Dive Against Korean Won; China Strengthens Energy Security Policy
South Korean economists say the dollar may be once again entering what they call the "triple digit" era.
South Korean economists estimate major exporters here have seen profits drop by 10 percent this year alone due to the dollar's slide.
On the other side of the equation, the South Korean government says overseas spending by Koreans rose almost 23 percent in the first quarter from a year ago, as South Koreans are enjoying more purchasing power in the United States.
voanews.com /english/archive/2005-05/2005-05-02-voa8.cfm?...   (407 words)

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