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Dangojeon
The Dangojeon (Hangul: 당오전; Hanja: 當五錢) refers to the 5 mun denomination of the '' Sangpyeong Tongbo'' (常平通寶) Korean cash coins introduced in February 1883 following the disastrous introduction of the earlier '' Dangbaekjeon'' (當百錢) two decades earlier. The ''Dangojeon'' had a nominal value (or ''face value'') that was five times higher than that of the regular ''yeopjeon'', but its purchasing power was just twice as high, like the previous series of high denomination ''Sangpyeong Tongbo'' cash coins, this would prove to be a major cause of inflation and disrupted the Korean economy. It was cast in order to pay for the expenditures of the state, the casting of the ''dangojeon'' was led by the German adviser Paul Georg von Möllendorff. These cash coins would remain in circulation until July 1894. Background When the '' Dangbaekjeon'' (當百錢), or 100 mun denomination ''Sangpyeong Tongbo'' cash coin, was introduced in 1866 by regent Heungse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korean Mun
The ''mun'' (Hanja: ) was introduced as the main currency of Korea in 1625 and stayed in use until 1892. Prior to the ''mun'', cash coins with the inscriptions ''tongbo'' (通寶) and ''jungbo'' (重寶) and silver vases called ''ŭnbyŏng'' were used as currency in the Goryeo Dynasty (918–1392), as well as imported Ancient Chinese coinage, Chinese currency. The ''mun'' resembled and was derived from the Chinese cash (currency unit), Chinese ''wén'' (cognate also to the Japanese mon (currency), Japanese mon, Ryukyuan mon, and the Vietnamese cash, Vietnamese văn). Coins denominated in mun were cast in copper-alloys such as brass or bronze and were round with square holes. From the 17th century until the end of the 19th century, coins denominated in ''mun'' bearing the inscription ''Sangpyeong Tongbo'' (, ), introduced in 1633, were the most widely circulated currency. In 1888, coins were struck in small numbers denominated in mun and won (written as "warn", which were equal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseon
Joseon (; ; Middle Korean: 됴ᇢ〯션〮 Dyǒw syéon or 됴ᇢ〯션〯 Dyǒw syěon), officially the Great Joseon (; ), was the last dynastic kingdom of Korea, lasting just over 500 years. It was founded by Yi Seong-gye in July 1392 and replaced by the Korean Empire in October 1897. The kingdom was founded following the aftermath of the overthrow of Goryeo in what is today the city of Kaesong. Early on, Korea was retitled and the capital was relocated to modern-day Seoul. The kingdom's northernmost borders were expanded to the natural boundaries at the rivers of Amrok and Tuman through the subjugation of the Jurchens. During its 500-year duration, Joseon encouraged the entrenchment of Confucian ideals and doctrines in Korean society. Neo-Confucianism was installed as the new state's ideology. Buddhism was accordingly discouraged, and occasionally the practitioners faced persecutions. Joseon consolidated its effective rule over the territory of current Korea and saw the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Choe Ik-hyeon
Choe Ik-hyeon (; 1833–1906, also transliterated as Choe Ik-hyun) was a Korean Joseon Dynasty scholar, politician, philosopher, and general of the Korean Righteous Army guerrilla forces. He was a strong supporter of Neo-Confucianism and a very vocal nationalist, who defended Korean sovereignty in the face of Japanese imperialism. Early life Choi Ik-hyeon was born in Pocheon city, Gyeonggi Province and passed the civil service examination in 1855, beginning his service under the 25th Joseon King, Cheoljong of Joseon, as a government official and administrator of various offices. He continued serving under the Heungseon Daewongun and later his son, King Gojong of the Korean Empire. Impeachment of Daewongun In 1872, 20-year-old Gojong son of regent Daewongun seemed ready to take the throne, but the Daewongun showed little inclination to give up his power. Junior minister Choi put out a fiery impeachment pointing out the Daewongun’s many wicked deeds such as the selling of pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sycee
A sycee (;.. from Cantonese , , ). or yuanbao () was a type of gold and silver ingot currency used in imperial China from its founding under the Qin dynasty until the fall of the Qing in the 20th century. Sycee were not made by a central bank or mint but by individual goldsmiths or silversmiths for local exchange; consequently, the shape and amount of extra detail on each ingot were highly variable. Square and oval shapes were common, but boat, flower, tortoise and others are known. Their value—like the value of the various silver coins and little pieces of silver in circulation at the end of the Qing dynasty—was determined by experienced moneyhandlers, who estimated the appropriate discount based on the purity of the silver and evaluated the weight in taels and the progressive decimal subdivisions of the tael ( mace, candareen, and cash). In present-day China, gold sycees remain a symbol of wealth and prosperity and are commonly depicted during the Chinese New Year fes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Ruble
''hum''; cv, тенкĕ ''tenke''; kv, шайт ''shayt''; Lak: къуруш ''k'urush''; Mari: теҥге ''tenge''; os, сом ''som''; tt-Cyrl, сум ''sum''; udm, манет ''manet''; sah, солкуобай ''solkuobay'' , name_abbr = руб, Rbl , image_1 = Banknote_5000_rubles_2010_front.jpg , image_title_1 = banknote of the current series , image_2 = Rouble coins.png , image_title_2 = Coins , iso_code = RUB , date_of_introduction = 14 July 1992:RUR (1 SUR = 1 RUR)1 January 1998:RUB (1,000 RUR = 1 RUB) , replaced_currency = Soviet ruble (SUR) , using_countries = , unofficial_users = , inflation_rate = 12.0% (November 2022) , inflation_source_date Bank of Russia, inflation_method = CPI , unit = ruble , subunit_ratio_1 = , subunit_name_1 = kopeyka (копейка) ''tiyen''; ba, тин ''tin''; cv, пус ''pus''; os, капекк ''kapekk''; udm, коны ''kony''; Mari: ыр ''yr''; sah, харчы ''harchy'' , symbo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US$ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexican Peso
The Mexican peso (Currency symbol, symbol: $; ISO 4217, code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use dollar sign, its sign, "$". The current ISO 4217 code for the peso is ''MXN''; prior to the #Nuevo peso, 1993 revaluation, the code ''MXP'' was used. The peso is subdivided into 100 , represented by "cent sign, ¢". The Mexican peso is the 15th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. , the peso's exchange rate was $20.50 per euro, $19.80 per U.S. dollar, and $15.50 per Canadian dollar. History Etymology The name was first used in reference to ('gold weights') or ('silver weights'). The Spanish word means 'weight'. Compare the British pound sterling. Other countries that use are Argentine peso, Argentina, Chilean pes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rice
Rice is the seed of the grass species ''Oryza sativa'' (Asian rice) or less commonly ''Oryza glaberrima ''Oryza glaberrima'', commonly known as African rice, is one of the two domesticated rice species. It was first domesticated and grown in West Africa around 3,000 years ago. In agriculture, it has largely been replaced by higher-yielding Asian r ...'' (African rice). The name wild rice is usually used for species of the genera ''Zizania (genus), Zizania'' and ''Porteresia'', both wild and domesticated, although the term may also be used for primitive or uncultivated varieties of ''Oryza''. As a cereal, cereal grain, domesticated rice is the most widely consumed staple food for over half of the world's World population, human population,Abstract, "Rice feeds more than half the world's population." especially in Asia and Africa. It is the agricultural commodity with the third-highest worldwide production, after sugarcane and maize. Since sizable portions of sugarcane and ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea Minting And Security Printing Corporation
The Korea Minting, Security Printing and ID Card Operating Corporation (KOMSCO; Korean: 한국조폐공사) is a state-owned corporation which is responsible to print and mint the banknotes and coins and other government documents. Its headquarters are located in Daejeon, South Korea. Products The main job of KOMSCO is printing and minting the South Korean currency. Currently the 1000, 5000, 10,000, 50,000 KRW banknotes and the 1, 5, 10, 50, 100, 500 KRW coins are minted and printed by the currency plant of KOMSCO. Also, they produce all South Korean cheques, stamps, and passports. KOMSCO currently produces four bullion coin series; Komsco Tiger series, Chiwoo Cheonwang Chiyou (蚩尤, ) is a mythological being that appears in East Asian mythology. Individual According to the Song dynasty history book '' Lushi'', Chiyou's surname was Jiang (), and he was a descendant of flame. According to legend, Chiyou had ..., Zi:Sin, and the K Series. External links *KOMSCO offi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gyeongbokgung
Gyeongbokgung (), also known as Gyeongbokgung Palace or Gyeongbok Palace, was the main royal palace of the Joseon dynasty. Built in 1395, it is located in northern Seoul, South Korea. The largest of the ''Five Grand Palaces'' built by the Joseon dynasty, Gyeongbokgung served as the home of Kings of the Joseon dynasty, the Kings' households, as well as the government of Joseon. Gyeongbokgung continued to serve as the main palace of the Joseon dynasty until the premises were destroyed by fire during the Imjin War (1592–1598) and abandoned for two centuries. However, in the 19th century, all of the palace's 7,700 rooms were later restored under the leadership of Prince Regent Heungseon during the reign of King Gojong. Some 500 buildings were restored on a site of over 40 hectares. The architectural principles of ancient Korea were incorporated into the tradition and appearance of the Joseon royal court. In the early 20th century, much of the palace was systematically destroye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heungseon Daewongun
Heungseon Daewongun (흥선대원군, 興宣大院君, 21 December 1820 – 22 February 1898; ), also known as the Daewongun (대원군, 大院君), Guktaegong (국태공, 國太公, "The Great Archduke") or formally Internal King Heungseon Heonui (흥선헌의대원왕, 興宣獻懿大院王) and also known to contemporary western diplomats as Prince Gung, was the title of Yi Ha-eung, the regent of Joseon during the minority of Emperor Gojong in the 1860s and until his death a key political figure of late Joseon Korea. ''Daewongun'' literally translates as "prince of the great court", a title customarily granted to the father of the reigning monarch when that father did not reign himself (usually because his son had been adopted as heir of a relative who did reign). While there had been three other Daewonguns during the Joseon dynasty, there was no one as dominant as Yi Ha-eung in the history of the Joseon dynasty that the term Daewongun usually refers specifically to him. Gran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Circulation (currency)
In monetary economics, the currency in circulation in a country is the value of currency or cash (banknotes and coins) that has ever been issued by the country’s monetary authority less the amount that has been removed. More broadly, money in circulation is the total money supply of a country, which can be defined in various ways, but always includes currency and also some types of bank deposits, such as deposits at call. The published amount of currency in circulation tends to be overstated by an unknown amount because it does not take into account money that has been destroyed, or held by individuals as a form of security (the proverbial “money under the mattress”), or by coin collectors, domestic or foreign, or which is held in reserve within the banking system, including currency held by foreign central banks as a foreign exchange reserve asset. Domestic demand for currency The currency in circulation in a country is based on the need or demand for cash in the community ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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