History
Due to interchanging Chinese and Japanese influences, changing Romanization methods, and the use of both
hanja (
Sino-Korean characters) and
hangul scripts, the etymology can be hard to understand.
From 1892 to 1902, when the
yang
Yang may refer to:
* Yang, in yin and yang, one half of the two symbolic polarities in Chinese philosophy
* Korean yang, former unit of currency of Korea from 1892 to 1902
* YANG, a data modeling language for the NETCONF network configuration pr ...
was used, 1 hwan/won ( = 圓 in Chinese) = 5 yang (兩), while in the Chinese monetary system of that time, 1 yuan () = 0.72 tael (兩).
In 1902, the Dai-Ichi Bank (The First National Bank of Japan), which handled the Korean government's custom duties, obtained permission from the imperial Korean government to issue banknotes in yen replacing yang.
The table below summarizes the language used on the modern circulating and historical Korean currencies.
Use in the Western World
The word jeon is also used in Korean to translate the word "cent," and in this context is associated with bul (불, 弗), meaning "dollar." (The hanja character resembles the symbol "$".) These two words are used by Koreans living in the Western hemisphere when referring to dollar currencies.
Sign and computing
The won sign ("₩", a capital W with a horizontal stroke) is represented in
Unicode at the code point 20A9 (8361 in decimal).
See also
*
Hanja
*
Hangul
*
Revised Romanization of Korean
Revised Romanization of Korean () is the official Korean language romanization system in South Korea. It was developed by the National Academy of the Korean Language from 1995 and was released to the public on 7 July 2000 by South Korea's Min ...
*
McCune-Reischauer
References
{{DEFAULTSORT:Etymology Of The Korean Currencies
Currencies of Korea