100 Won Korean Currency: A Brief Overview
The 100 won is the smallest denomination of currency in South Korea. Although it's a small amount, it's still widely used in everyday transactions, especially for small purchases or as change.
History of the 100 Won
The 100 won coin was first introduced in 1982, replacing the 100 won banknote. The coin was made of copper-nickel and had a diameter of 22 mm. Over the years, the design and material of the coin have undergone several changes.
Design and Features
The current 100 won coin, introduced in 2006, features a design that showcases Korea's rich cultural heritage. The obverse (front side) of the coin bears an image of the Independence Gate, a national symbol of Korea's struggle for independence. The reverse (back side) features a depiction of the DOI (), a traditional Korean drum.
The coin is made of a copper-plated steel core with a nickel-brass plating, giving it a silver-gray color. It has a diameter of 22.86 mm and weighs 4.16 grams.
Usage and Acceptance
Despite its small value, the 100 won coin is widely accepted in Korea and is often used as change in transactions. You can use it to purchase small items such as gum, candies, or even ride the subway.
Interesting Facts
- The 100 won coin is also known as "won-baek" in Korean, which literally means "100 won".
- The coin is so small that it's often lost or misplaced, making it a common find on the streets of Korea.
- In some parts of Korea, particularly in traditional markets, vendors may not accept 100 won coins due to their low value.
Conclusion
The 100 won Korean currency may be small in value, but it's an integral part of Korea's monetary system. Its design and features showcase Korea's rich cultural heritage, making it a fascinating piece of currency to collect or use in everyday transactions.
