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 ().
South Korean hwan
The hwan was the currency of the Republic of Korea (South Korea) between February 15, 1953 and June 9, 1962.