Evidence coverage: 1905–1953. This is the span of collected observations, not the currency’s lifetime.
This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.
A documented account-unit or currency-system transition supports this predecessor identity; not admitted from a specimen or inherited label alone.
Korean government borrowing and currency reform used the new gold won/yen reckoning in1905. The reform converted old silver10nyang (2oldwon) into1newgoldwon and accepted old currency toward taxes during a transitional period.
Sources and qualifications →Southern Korea continued the existing won through the1950 issuer change; old Joseon won notes and new Bank of Korea won notes circulated together before the1953 hwan reform.
Sources and qualifications →The inherited Korean yen/won continued as the local accounting and settlement unit in southern Korea under occupation monetary controls; the replacement and withdrawal of particular Japanese and military notes did not by themselves create further unit identities.
Sources and qualifications →December1947 reform established northern money as sole unlimited public/private settlement medium, converted prior common-unit instruments at par and regulated existing deposits and debts. Distinct northern settlement jurisdiction together with legal withdrawal of cross-border common instruments and handling of balances supports regional branch; do not create a Soviet-ruble parent.
Sources and qualifications →Korean silver won/nyang accounts predate the 1905 yen-based reform. The relation between earlier local continuity, the adopted Japanese basis and the retained Korean profile needs a separate identity adjudication; this pass does not create an extra currency merely for rescaling.
Sources and qualifications →Dated evidence, not exact birth or extinction dates.
Korean government borrowing and currency reform used the new gold won/yen reckoning in1905. The reform converted old silver10nyang (2oldwon) into1newgoldwon and accepted old currency toward taxes during a transitional period.
C1492Southern Korea continued the existing won through the1950 issuer change; old Joseon won notes and new Bank of Korea won notes circulated together before the1953 hwan reform.
C1493The inherited Korean yen/won continued as the local accounting and settlement unit in southern Korea under occupation monetary controls; the replacement and withdrawal of particular Japanese and military notes did not by themselves create further unit identities.
C1518Dated observations, not a proven complete lifespan.
North Korea’s December 1947 reform separated its currency from the common Korean account system by replacing Bank of Chosen and Soviet occupation notes with a sole northern settlement currency. The law directly supports conversion; identifying a distinct northern currency is the territorial-branching inference. Soviet notes are instruments in the common accounting unit, not a ruble parent.
Corrected interpretation: Revision 27 supplies a new evidence basis for R-V23-011. Distinct northern settlement jurisdiction together with legal withdrawal of cross-border common instruments and handling of balances supports regional branch; do not create a Soviet-ruble parent. Replacement evidence: C1617.
Decree 30, arts 1–3,5–6,9; Gazette No.38, 22 December 1947; Section 1947년 화폐 개혁, opening and concluding paragraphs
Not a complete origin, lifespan or current-status audit.
Full relevant Korean/Hanja transcription directly inspected.
English paraphrase is my translation of the Korean/Hanja source.
Full official archival transcription inspected.
Correction to earlier research shorthand: article 9 is a temporary debt/deposit moratorium, not a stated conversion formula for deposits; article 5 addresses pre-existing deposits and blocked surplus exchange balances.
Decree 30, arts 1–3,5–6,9; Gazette No.38, 22 December 1947; Section 1947년 화폐 개혁, opening and concluding paragraphs
Not a complete origin, lifespan or current-status audit.
Korean government borrowing and currency reform used the new gold won/yen reckoning in 1905. The reform converted old silver10nyang (2oldwon) into1newgoldwon and accepted old currency toward taxes during a transitional period.
Paragraphs2–5 and circulation table
Not a complete origin, lifespan or current-status audit.
Southern Korea continued the existing won through the1950 issuer change; old Joseon won notes and new Bank of Korea won notes circulated together before the1953 hwan reform.
Historical introductions
Not a complete origin, lifespan or current-status audit.
Historical introductions
Not a complete origin, lifespan or current-status audit.
The inherited Korean yen/won continued as the local accounting and settlement unit in southern Korea under occupation monetary controls; the replacement and withdrawal of particular Japanese and military notes did not by themselves create further unit identities.
SWNCC176/8 §§32–35; Proclamation3 and Laws21,57,95 narrative; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
SWNCC176/8 §§32–35; Proclamation3 and Laws21,57,95 narrative; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
SWNCC176/8 §§32–35; Proclamation3 and Laws21,57,95 narrative; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
December1947 reform established northern money as sole unlimited public/private settlement medium, converted prior common-unit instruments at par and regulated existing deposits and debts.
Articles1–6,8–9
Not a complete origin, lifespan or current-status audit.
Full relevant Korean/Hanja transcription directly inspected.
English paraphrase is my translation of the Korean/Hanja source.
Full official archival transcription inspected.
Correction to earlier research shorthand: article 9 is a temporary debt/deposit moratorium, not a stated conversion formula for deposits; article 5 addresses pre-existing deposits and blocked surplus exchange balances.
The southern continuation of the common Korean won was replaced by the hwan account unit effective17February1953 at100won per hwan. The1950 switch from Joseon to Bank of Korea notes was an instrument change within the preceding won.
Emergency Presidential Order13 article2; BOK1950–1953 and1953–1962 introductions
Not a complete origin, lifespan or current-status audit.
Emergency Presidential Order13 article2; BOK1950–1953 and1953–1962 introductions
Not a complete origin, lifespan or current-status audit.
Emergency Presidential Order13 article2; BOK1950–1953 and1953–1962 introductions
Not a complete origin, lifespan or current-status audit.
The Korean yen/won account lineage inherited Japanese-yen reckoning adopted in the1905 reform. Korean treasury and banking accounts continued that reckoning through the colonial period; after1945 the inherited local unit continued under a separately controlled Korean monetary system. This supports regional ancestry from the Japanese yen, without treating the1909 change of bank issuer as creation of a new unit.
1905 reform and treasury evidence;1909 inheritance of deposits/loans; SWNCC176/8 Part III §§32–35;1945–46 implementation; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
1905 reform and treasury evidence;1909 inheritance of deposits/loans; SWNCC176/8 Part III §§32–35;1945–46 implementation; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
1905 reform and treasury evidence;1909 inheritance of deposits/loans; SWNCC176/8 Part III §§32–35;1945–46 implementation; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
1905 reform and treasury evidence;1909 inheritance of deposits/loans; SWNCC176/8 Part III §§32–35;1945–46 implementation; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
1905 reform and treasury evidence;1909 inheritance of deposits/loans; SWNCC176/8 Part III §§32–35;1945–46 implementation; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
1905 reform and treasury evidence;1909 inheritance of deposits/loans; SWNCC176/8 Part III §§32–35;1945–46 implementation; Park printed pp.19–20
Not a complete origin, lifespan or current-status audit.
Korean silver won/nyang accounts predate the 1905 yen-based reform. The relation between earlier local continuity, the adopted Japanese basis and the retained Korean profile needs a separate identity adjudication; this pass does not create an extra currency merely for rescaling.
January edicts, June implementation and July redemption; note 129; 1894 salary schedule and 1896 budget; coexistence of silver won, nyang and later gold hwan
Not a complete origin, lifespan or current-status audit.
January edicts, June implementation and July redemption; note 129; 1894 salary schedule and 1896 budget; coexistence of silver won, nyang and later gold hwan
Not a complete origin, lifespan or current-status audit.