Etymology of the Korean currencies

The won is the currency of both North and South Korea. "Won" is a cognate of the Chinese currency unit, the yuan (//), and the Japanese currency unit, the yen (; ¥), meaning "round object". The won is subdivided into 100 jeon (Korean; Hanja; RRjeon; MRchŏn).

Yang is a former Korean currency. It is a cognate of the Chinese tael (; pronounced "liǎng" in Mandarin). The yang was subdivided into 100 fun () (pronounced "pun" but spelt with an "f" on the coins). Fun is a cognate of the Chinese word fen (; fēn), referring to 1/100 of a Chinese yuan in modern context.


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