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If you are traveling to South Korea and want to purchase goods, it would be a good idea to become familiar with Korean money. Are you familiar with Korean money? If not, this post will be helpful when you make a trip to Korea in the future. This post will cover Korean bills (banknotes) and their amounts.
The official monetary unit in South Korea is 원 (won), and this ₩ symbol represents 원. For example, you can either write down the amount as 삼천 원 (three thousand won) in words or ₩3,000 with the symbol.
Let’s test your knowledge on Korean bills, first. When you are ready, you can check your answers and their relative amount in dollars according to the current exchange rate, which will help you to expand your understanding on Korean bills.
Are you ready to test your knowledge on Korean Bills?
When you are ready, you can check your answers in the below.
The Sino Korean numbers are used to talk about money. If you are not familiar with Korean numbering system or need to review them, please follow this link to help with your understanding of Korean Numbers, SOS: Help with Numbers and Counters. 천 means a thousand, and 만 means ten thousand, so in order to talk about Korean bills,
Ex) ₩ 1,000 = *천 원, ₩ 2,000 = 이천 원, ₩ 3,000 = 삼천 원, and so on.
* When you talk about ₩ 1,000, just say “천 원” instead of 일천 원.
Ex) ₩ 10,000 = *만 원, ₩ 20,000 = 이만 원, ₩ 30,000 = 삼만 원, and so on.
* When you talk about ₩ 10,000, just say “만 원” instead of 일만 원.
Depending on the amount of money, there are singular and plural forms of “dollar” in English. However, in Korean this word 원 is used for both singular and plural forms. One useful tip, 오천 원 and오만 원 are similar in color, so I would recommend you to pay close attention to them in order to avoid their mix-ups especially at night time.
감사합니다! (Thank you!)