Korea (South) 50000 Won - Foreign Currency And Coin Exchange

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Korea (South) 50000 Won

$32.50

Do you have a Korea (South) 50000 Won Banknote? Here’s how to exchange it with us.

  • Tell us how many 50000 Won Banknotes you want to exchange
  • Click on the ‘Add to Cart’ button.
  • This will add the exchange value to your online wallet.

Repeat these steps for all banknotes, coins, stamps, and gift cards you want to exchange. Complete the checkout process and get paid within a week or less.

Korea (South) 50000 Won quantity Add to cart You get: $32.50 SKU: 50000KRW Categories: Currencies, Current South Korean Won Banknotes, South Korean Won
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Description

The South Korean Won is the official currency of South Korea. The official currency symbol: ₩. The name of the coin is derived from the hanja (Korean name for a traditional writing system) ”won”, which means round.

The South Korean won has been issued in two stages; the first Korean won made its first appearance in the 16th to 19th centuries due to its derivation from the Spanish American silver dollar. This won was replaced by the Korean yen, which was on par with the Japanese yen during the Japanese colonial period between 1910 and 1945. After the end of World War II in 1945, Korea was divided between the South and the North, which resulted in two different won coins. Both won (South and North), they replaced the yen. This first victory went to the hwan in 1953. The second introduction was introduced in 1962 to circulate alongside the hwan. The latter was withdrawn when in 1975, the won became the only legal tender.

In 1962, the Bank of Korea introduced banknotes in denominations of 10 and 50 jeon, 1, 5, 10, 50, 100 and 500 won. The 5,000 and 10,000 won notes were issued between 1972 and 1973, followed by a 1,000 won note in 1975. The 500 won note was withdrawn in 1982, and a new series of notes was introduced the following year. In 2006, the government introduced a new series of banknotes with improved security measures, followed by the introduction of the 50,000 won banknote in 2009.

The 50000 South Korean won note front design illustrates the portrait of Shin Saimdang (1504 – 1551) was a Korean artist, writer, calligraphist, and poet and the mother of the Korean Confucian scholar Yi I; on a background that illustrates a Chochungdo, a Folding Screen of Embroidered Plants and Insects (South Korean National Treasure No. 595).

The reverse of the note shows the painting of a Bamboo and Plum tree by Shin Saimdang. The design is completed with the Bank of Korea logo. The lettering of the note is presented in the Korean and English languages. This note is part of the 2009 series; its color is brown and yellow on a multicolor underprint.

Text: 한국은행 오만원, Bank of Korea 50000 won.

Additional information

Series

current South Korean won banknotes

Tender Types

Banknotes

Country

Korea (South)

Product Currencies

South Korean Won

Country banknote denominations

1000, 2000, 5000, 10000, 50000

Colour

Brown, Yellow

Composition material

Paper

Dimensions

154 x 68 mm

Landmark

Painting of a Bamboo and Plum tree by Shin Saimdang

Person

Shim Saimdang

Profession

Artist, Calligraphist, Poet, Writer

Years

2009

Object

Black bamboo, Logo, Painting, plants, Plum tree, Portrait

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