Cool Facts
Official Money. The won is what South Koreans use to pay for things, just like Americans use dollars. It's the only money accepted in stores and banks across the country.
Backed by the Bank. The Bank of Korea is in charge of making and managing the won to keep South Korea's economy strong and stable.
Symbol is KRW. When people talk about money around the world, they use the code KRW to mean South Korean won, so everyone knows which currency they're talking about.
Coins and Bills. The won comes in both coins and paper bills in different amounts, with pictures of important Korean people and symbols on them.