South Korea: currency
By New Statesman Published 01 March 2012
The currency is the South Korean won. The graph above shows the exchange rate, from local currency to US dollar, from 1950 to 2007 (converted to local currency as of 2005). It was pegged to the US dollar until 1980 at five different levels:
| 1962 | 125 |
| 1964 | 255 |
| 1972 | 400 |
| 1974 | 480 |
| 1980 | 580 |
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