10000 Korea

4 min read Jun 23, 2024
10000 Korea

10,000 Won Korea: Understanding South Korea's Currency

In South Korea, the official currency is the won (KRW). The won is subdivided into 100 jeon, although jeon are no longer used in everyday transactions. Among the various denominations of won, the 10,000 won is one of the most widely used and recognized.

History of the 10,000 Won Note

The 10,000 won note was first introduced in 1973, featuring a portrait of King Sejong, the fourth king of the Joseon Dynasty and creator of the Korean alphabet, Hangul. Since then, the design of the note has undergone several changes, with the most recent version being introduced in 2013.

Security Features

The 10,000 won note is embedded with advanced security features to prevent counterfeiting. Some of these features include:

  • Watermark: A portrait of King Sejong is visible when held against light.
  • Security thread: A thread embedded in the paper glows pink when held under UV light.
  • Color-shifting ink: The number "10,000" on the note changes color from gold to green when tilted.
  • Microprinting: Tiny text is printed in various areas of the note, including the numerals "10,000" and the words "Bank of Korea".

Design Elements

The 10,000 won note features a portrait of King Sejong on the obverse side, while the reverse side showcases the Gyeonghoeru Pavilion, a famous pavilion located in the Gyeongbokgung Palace complex in Seoul.

Cultural Significance

The 10,000 won note is more than just a medium of exchange; it represents Korea's rich cultural heritage and its people's pride in their history. The portrait of King Sejong is a testament to his contributions to Korean society, including the development of Hangul, which has played a crucial role in Korea's education and literacy.

Conclusion

The 10,000 won note is an iconic symbol of South Korea's economy and culture. With its advanced security features and thoughtfully designed elements, it is a testament to the country's commitment to innovation and tradition. Whether you're a traveler, a collector, or simply interested in learning more about Korea, the 10,000 won note is an essential part of the Korean experience.

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