North Korean won
The won (; , ; symbol: ₩; code: KPW) or Korean People's won is the official currency of North Korea. It is subdivided into 100 "chon". The won is issued by the Central Bank of the Democratic People's Republic of Korea, based in the capital city, Pyongyang.
South Korean won
The old "won" was a cognate of the Chinese yuan and Japanese yen. It is derived from the hanja (), meaning "currency" or "coin." The won was subdivided into 100 "jeon" (), itself a cognate of the Chinese character 錢 ("qián") which means "money" and also used as a unit of money in ancient times. The current won (1962 to present) is written in hangul only and does not officially have any hanja associated with it.