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100 Hwan
| Issuer | Bank of Korea |
|---|---|
| Year | 1962 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Hwan (1953-1962) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 한국은행권 백 환 한국은행 (Translation: Korean banknote, One Hundred Hwan, The Bank of Korea) |
| Reverse description | The left portion of the note carries a detailed intaglio vignette of Dongnimmun (Independence Gate) in Seoul, constructed in 1897, set against a fine cross-hatched background. The large denomination numerals and text 100 HWAN occupy the central field, surrounded by an intricate guilloche underprint in green. The legend THE BANK OF KOREA arches across the upper margin, with decorative rosette and scrollwork elements filling the right border panel. |
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| Comments |
The 100 Hwan was already a dying denomination when this note was printed. South Korea's currency reform of June 1962 converted the Hwan to the Won at a rate of 10:1, wiping out the Hwan series almost immediately — this issue was printed into obsolescence within months of production, part of the military government's broader effort to curb inflation and flush out hoarded currency following the May 1961 coup.
Printed domestically by the Korea Minting and Security Printing Corporation rather than contracted abroad, as earlier Hwan issues had been.