| Korean mun | ||||||||
|---|---|---|---|---|---|---|---|---|
|
The mun was introduced as the main currency of Korea in 1633 and stayed in use until 1892. Hanja is the Korean name for Chinese characters. More specifically it refers to those Chinese characters borrowed from Chinese and incorporated The Revised Romanization of Korean is the official Korean language Romanization system in South Korea. McCune-Reischauer romanization is one of the two most widely used Korean language Romanization systems along with the Revised Romanization of Korean, which Korea is a geographic area composed of two sovereign countries a civilization and a former state situated on the Korean Peninsula in East Asia. It resembled and was derived from the Chinese wen (cf. the Japanese mon). The was a currency of Japan from Muromachi period until 1870 It resembled and was derived from the Chinese wen (cf Coins denominated in mun were cast in copper or bronze and were round with square holes. In 1888, coins were struck in small numbers denominated in mun and won (equal to 1000 mun). The mun was replaced in 1892 when the yang was introduced. The yang (양/兩 was the currency of Korea between 1892 and 1902
History
The first definitive record of currency use in Korea appears in the Goryeo period (918–1392). The history of Korean currencies dates back as far as 996, during the Goryeo Dynasty when the first Iron Coins were minted. The Goryeo Dynasty ( 918 - 1392) (also spelled Koryŏ was a Sovereign state established in 918 by Taejo Wang Kon. Early in that period, even though some imported Chinese currency was in circulation, commodity currency such as grain and linen continued in general circulation. In the 10th and 11th centuries, iron and copper coins along with silver vase-shaped coins were issued, but never widely circulated.
It was not until the beginning of the Joseon period (1392–1910) that copper coins were minted for wide circulation. Jeohwa (저화/楮貨), which was made of standardized mulberry-bark paper early in the Joseon period, become the first legal paper money and was used as a medium of exchange in place of coins until it disappeared in the early 16th century. The Paper Mulberry ( Broussonetia papyrifera, syn Morus papyrifera L From the 17th century until the end of the 19th century, coins denominated in mun bearing the inscription Sang Pyeong Tong Bo (常平通寶) were the most widely circulated currency.
See also
References
- Kurt Schuler (2004-02-29). Vietnamese cash (văn Hán tự: 文) is a cast round coin with a square hole The was a currency of Japan from Muromachi period until 1870 It resembled and was derived from the Chinese wen (cf Tables of modern monetary history: Asia. Currency Boards and Dollarization.
| Preceded by: No modern predecessor |
Currency of Korea ? – 1892 Concurrent with: Chinese currencies |
Succeeded by: Korean yang Reason: currency reform |
Dapyx Software network: MP3 Explorer | Ebook Manager | Zenithic