Vaughn - a monetary unit which emits South Korea.Currency given state of progressive Asian-Pacific region is a strong medium of exchange value of the entire global economic system.For Koreans seized an increasing number of markets for its high-quality high-tech products.This country with a market system of economic relations steadily hugest amount of exports of goods and services, thereby allowing their own people to live in high social level.Associated such a course of affairs the country, of course, with unique success in various industries, economy, culture and science of the Republic of Korea, the currency which is one of the main ways to the welfare of this beautiful and long-suffering, and most importantly, independent state.After all, how can I follow to prosperity without a well-thought-out and organized system of exchange values?However, even though the State is the Asian "tiger", demonstrating the economic miracles, but still it has a certain number of unresolved social problems.Since the absence of pensions, corruption, unresolved conflict with its northern neighbor - it is also South Korea.The currency exchange rate
Denomination currency Korean "tiger"
Vaughn as currency with a weak purchasing power has a significant amount of zeros on the currency units that can be redeemed in the country on any significant goods or services.Today, banknotes in denominations of 50,000, 10,000, 5,000 and 1,000, as well as coins in 500, 100, 50, 10, 5 and 1 won - this is a form of financial capacity of the exchange values, which emits South Korea.Currency country designated on the "Forex" share market banking codes KRW.Also, it was given the code of the International Standards Organisation ISO 4217.
History Korean money Won
history is quite small.Operation Commissioning modern money of South Korea has been deployed by the government back in the not too distant 1962.It lasted no less - until 1975, when the turnover of the country were seized last hwan (previous means of sharing values in the region).Since then, the South Korean money is once subjected to devaluation and depreciation.In 1980, Vaughn began the transition to a free floating exchange rate, and in 1997 it was completed and designated the agreement with the International Monetary Fund.Today in our country, even the children know about the small republic, produces various electronic gadgets, air conditioners and cars, called South Korea.Currency though it is not often heard at the Russian citizens, but a lot of people would agree that, given the dynamics of the republic with the conquest of a large number of high-profitable markets, the impact of possible future growth of the won in the global financial sector in the near future.Wait - let's see.
