Today is the official release date of the 50,000 won bill. Until now, there has only been notes of 1,000, 5,000 and 10,000 won (actually there is a 100,000 won note as well, but I don't count it because it looks like a check... but its not). On the average day, having nothing higher than 10,000 won notes is fine. But unfortunately, there is always that day that you need to carry around large sums of money. Carrying around 200 or 300,000 won means that I can't close my wallet. Say you pay your rent in cash... carrying around 2,000,000 won in 10,000 notes is more or less the same as carrying around a brick. So, I'd say this bill will be warmly welcomed. Not to mention its the first bill with a woman on it.
Tuesday, June 23, 2009
A new bill
Today is the official release date of the 50,000 won bill. Until now, there has only been notes of 1,000, 5,000 and 10,000 won (actually there is a 100,000 won note as well, but I don't count it because it looks like a check... but its not). On the average day, having nothing higher than 10,000 won notes is fine. But unfortunately, there is always that day that you need to carry around large sums of money. Carrying around 200 or 300,000 won means that I can't close my wallet. Say you pay your rent in cash... carrying around 2,000,000 won in 10,000 notes is more or less the same as carrying around a brick. So, I'd say this bill will be warmly welcomed. Not to mention its the first bill with a woman on it.
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that would have come in handy when i went to the ATM there!!!! :-)
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