How to red Korean money in Korean?

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When traveling in Korea, it is important to get used to the local currency, the Korean won (Korean ₩). Understanding how to read and use Korean money will make your trip much easier and more convenient. In this article, I will guide you through the basics of reading Korean money so that you can have a smooth financial experience while traveling.

Understanding the Korean Currency.

Korean currency is issued in both coins and bank notes. The denomination of a coin is ₩ 10, ₩ 50, ₩ 100, and ₩ 500, while the denomination of a banknote is ₩ 1,000, ₩ 5,000, ₩ 10,000, and ₩ 50,000, while the denomination of a banknote is higher. The larger the denomination, the higher the value of the banknote.

Reading Korean Coins.

Reading a Korean coin is relatively simple. The numerical values are clearly displayed on one side of the coin, and the Korean character “Korea” is prominently displayed on the other. The design of the coin may be different, but it’s worth noting that its value will be constant.

Bank of Korea ID card.

Reading Korean bills requires more attention to details. Portraits of remarkable historical figures are depicted on one side of the bills, and various symbols, patterns, or landmarks are depicted on the other. It is important to carefully examine numbers and letters in order to determine the value of a bill. Fortunately, the unit numbers on the bills are relatively noticeable and easy to read.

Recognizing Hangul.

You don’t need to be fluent in Korean to handle money, but a basic understanding of Hangul, known as Hangul, can be helpful. Since the numbers on the Hangul bills are written using Hangul, recognizing these characters can help verify the value of the bills. However, most bills also contain their own numerical values, so they can be accessed by non-Koreans as well.

Using a T-Money Card.One convenient way to handle money while in Korea is by using a T-Money card. This transportation card can also be used for small purchases at convenience stores, vending machines, and more. The value stored in the card can be easily replenished at designated machines or convenience stores. T-Money cards can be a practical option for travelers by simplifying transactions and eliminating the need to take accurate changes.