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Chŏn Tong-u
The Korean won ( ko, 원 (圓), ) or Korean Empire won (Korean language, Korean: 대한제국 원), was the official currency of the Korean Empire between 1902 and 1910. It was subdivided into 100 ''jeon'' (; ko, 전 (錢), ). Etymology Won is a cognate of the Yuan (currency), Chinese yuan and Japanese yen, which were both derived from the Spanish dollar, Spanish-American silver dollar. It is derived from the hanja (, ''won''), meaning "round", which describes the shape of the silver dollar. History The Korean won, Chinese yuan and Japanese yen were all derived from the Spanish dollar, Spanish-American silver dollar, a coin widely used for international trade between Asia and the Americas from the 16th to 19th centuries. On May 22, 1901 the Korean Empire adopted the gold standard in response to many other countries doing the same. The won was introduced in 1902, replacing the Korean yang, yang at a rate of 1 won = 10 yang. Units: 1 won = 100 jeon (錢), 1 jeo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korean Empire
The Korean Empire () was a Korean monarchical state proclaimed in October 1897 by Emperor Gojong of the Joseon dynasty. The empire stood until Japan's annexation of Korea in August 1910. During the Korean Empire, Emperor Gojong oversaw the Gwangmu Reform, a partial modernization and westernization of Korea's military, economy, land system, education system, and of various industries. In 1905, the Korean Empire became a protectorate of the Empire of Japan. After the Japanese annexation in 1910, the Korean Empire was abolished. History Formation Following the Japanese victory in the First Sino-Japanese War, Joseon won independence from the Qing dynasty. Proclaiming an empire was seen by many politicians as a good way to maintain independence. At the request of many officials, Gojong of Korea proclaimed the Korean Empire. In 1897, Gojong was crowned in Hwangudan. Gojong named the new empire ''Dahan'' and changed the regnal year to ''Gwangmu'', with 1897 being the first year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
