Relatively speaking, 1,000 Korean won can be equivalent to RMB 6.10. 5 million won is equivalent to 30,500 yuan.

Korean Won comes in both banknotes and coins. There are four kinds of banknotes: 1,000 won, 5,000 won, 10,000 won, and 50,000 won. They are easy to distinguish based on the historical figures and colors printed on the banknotes.

The total number of Korean coins is 1 Korean won, 5 Korean won, 10 Korean won, 50 Korean won, 100 Korean won, 500 Korean won, 6 currency values. There are four types of coins currently in circulation: 10 won, 50 won, 100 won, and 500 won (10 won is the smallest unit).

Extended information

South Korea’s official currency is the won (Won), which is divided into banknotes and coins.

There are four types of banknotes: 1,000 won, 5,000 won, 10,000 won, and 50,000 won. There are 6 types of coins: 1, 5, 10, 50 and 100,500 won.

The four most commonly used types are 10, 50, 100, and 500 won.

Things to note when redeeming:

1. Accurately plan and calculate in advance to avoid having to redeem again due to remaining or insufficient funds.

2. After exchange, be sure to use a calculator to confirm the exchange rate and amount.

3. Sign in front of the staff when redeeming traveler's checks and may not transfer them to others.

Baidu Encyclopedia - Korean Won

Baidu Encyclopedia - Korean Won