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1. the standard monetary unit of North Korea, divided into 100 chon
2. the standard monetary unit of South Korea, divided into 100 chon
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.



the monetary unit of the Korean Democratic Peoples’ Republic. The won was introduced in December 1947 to replace the previously circulated yen of the Bank of Korea. It is divided into 100 chon. At the rate of exchange of the Gos-bank (State Bank) of the USSR (January 1971), 100 won = 74 rubles, 93 kopecks (1 ruble = 1.33 won).

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Hwan wondered what would have happened if she had the stroke at home.
Korean Ambassador Jong Hwan Song is getting retired this May, after serving for three years in Pakistan as an ambassador of Korea to Pakistan, a press release said here.
His ministry has been in the hot seat for failing to take proper diplomatic actions against China over the alleged abuse of the activist, Kim Young Hwan, who was arrested in northeastern China on March 29 and returned home last week, especially in light of a fresh allegation that he was tortured with electric shocks while in detention.
Meanwhile, South Korean foreign minister Kim Sung Hwan said Thursday he is willing to meet with his North Korean counterpart at a regional forum later this month on the Indonesian island of Bali.
South Korea took full advantage, and secured a 2-1 victory thanks to spectacular goals from Lee Chun Soo and substitute Ahn Jung Hwan.
South Korea took full advantage, and secured a 2-1 victory thanks to goals from Lee Chun Soo and Ahn Jung Hwan.
On Moon's Family Federation for World Peace and Unification website a few days later, top Moon official Chung Hwan Kwak was quoted as saying, "So in effect, the crowning means America is saying to Father, 'Please become my king.'"
WORLD Cup hero Ahn Jung Hwan's agent has faxed every club in Scotland in a concerted attempt to kick start his career in Europe.
RANGERS are ready to swoop for South Korean star Ahn Jung Hwan to strengthen their midfield for the new campaign.
In April, Bank of Korea Governor Chon Chol Hwan forecast the nation's GDP growth at 3.8% this year, revising upward the 3.2 % growth rate in an earlier forecast.