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The Bank of Korea announced in early 2006 its intention to redesign the 10 won coin by the end of that year. With the increasing manufacturing price, then at 38 won per 10 won coin, and rumours that some people had been melting the coins to make jewellery, the redesign was needed to make the coin more cost effective to produce. The new coin is made of copper-coated aluminium with a reduced diameter of 18 mm, and a weight of 1.22 g. Its visual design is the same as the old coin. The new coin was issued on December 18, 2006
Currency Information
Currency: South Korean Won
Currency code: KRW
Currency symbol:
Bank notes: ₩1000, ₩2000, ₩5000, ₩10000, ₩50000
Coins: ₩1, ₩5, ₩10, ₩50, ₩100, ₩500
Daily Cost
Three-course meal for 2, mid-range restaurant 40000 Won
One-way ticket for local transport 1250 Won
Bottle of water 844 Won

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