Evidence coverage: 1962–1962. 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.
No distinct successor currency is established in the loaded view.
Evidence within this identity, not separate currencies.
The hwan and won remain distinct, provisionally scoped account units under the existing replacement decision. The 1953 and 1962 reform ratios alone neither establish nor disprove identity; the broader South Korean continuity question remains open. No new currency is admitted solely for a note issuer change.
Sources and qualifications →Act1088 explicitly made won the unit of account from10June1962, at1won:10hwan, regulating outstanding hwan-denominated debts and deposits. Principal account-unit replacement retained under clarified project ontology; exact conversion does not itself imply identity.
Sources and qualifications →Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.
The 10 June 1962 reform introduced won-denominated notes at ten hwan per won. The issuer expressly excepts 10- and 50-hwan coins from the immediate prohibition on hwan circulation.
C524Dated observations, not a proven complete lifespan.
The 10 June 1962 reform introduced won-denominated notes at ten hwan per won. The issuer expressly excepts 10- and 50-hwan coins from the immediate prohibition on hwan circulation.
1962 reform opening paragraphs
The 1962 Korean reform replaced the hwan account unit with the won; some hwan coins remained valid at their converted value.
1962 reform opening paragraphs
The hwan and won remain distinct, provisionally scoped account units under the existing replacement decision. The 1953 and 1962 reform ratios alone neither establish nor disprove identity; the broader South Korean continuity question remains open. No new currency is admitted solely for a note issuer change.
Narrative lines470–475 and note tables, not original decree.; Narrative lines470–475; not original decree.; Narrative lines471–478 and28August1962 ordinance entry line550; not original decree.
Not a complete origin, lifespan or current-status audit.
Narrative lines470–475 and note tables, not original decree.; Narrative lines470–475; not original decree.; Narrative lines471–478 and28August1962 ordinance entry line550; not original decree.
Not a complete origin, lifespan or current-status audit.
Narrative lines470–475 and note tables, not original decree.; Narrative lines470–475; not original decree.; Narrative lines471–478 and28August1962 ordinance entry line550; not original decree.
Act1088 explicitly made won the unit of account from10June1962, at1won:10hwan, regulating outstanding hwan-denominated debts and deposits.
Articles2–4
Not a complete origin, lifespan or current-status audit.
Official search-retrieved articles 1–7 inspected (full legal text returned by indexed retrieval); art2expressly establishes won as calculation unit; art4regulates hwan deposits/monetary debts.