Money In Korean – How To Count Korean Money

/ / Money In Korean – How To Count Korean Money
Money in Korean

If you are learning Korean or intend to visit Korea, learning about money in Korean is essential. When visiting stores, restaurants, coffee shops, buying train/bus tickets, etc, you will inevitably have to talk about price and how much things cost. To do so, you need to know about money in Korean and how to count Korean money. In this post, you will learn how to talk about the Korean currency and how to count Korean money.

Money In Korean

The word for ‘money’ in Korean is [don]. In order to talk about money in Korean, you need to know the Korean currency, the common Korean currency denominations, and Sino-Korean numbers. Let’s look at each of these individually before looking at some examples of counting money in Korean.

Korean Currency

The currency in Korea is the [won]. Technically, each [won] can be divided into 10 [jeon], but this is such a small amount that there are no jeon coins circulating in Korea today. In fact, the smallest denomination of Korean won these days is 10원. So, in order to talk about Korean money, you only need to remember the word [won].

The symbol for the Korean 원 [won] is ₩. When writing the price of something in Korean the symbol ₩ comes before the number, and when saying the price you simply say 원 [won] after the number. So, for example, ten Korean won would be written as ₩10 and spoken as 십원 [sip-won].

Common Korean Currency Denominations

Coins

As was mentioned above, the smallest denomination of the Korean currency you will find in circulation in Korea today is the 10원 coin. Next is the 50원 coin, then the 100원 coin, followed by the 500원 coin.

Notes

There are just 4 denominations of Korean notes. These are 1000원, 5000원, 10,000원, and 50,000원.

Sino-Korean Numbers

There are two number systems in Korea which are Sino-Korean numbers and Native Korean numbers. When counting money in Korean, Sino-Korean numbers are used and so to count money in Korean you need to know Sino-Korean numbers. Luckily, these numbers are really easy to learn and you only need to learn 18 words to be able to count to 1 billion in Korean. If you’ve not learned Sino-Korean numbers yet, check out our complete guide to Korean numbers.

Here are the Sino-Korean numbers together the Korean currency 원 [won] for the Korean currency denominations:

EnglishKoreanListen
10 won십원 [sip-won]
50 won오십원 [o-sip-won]
100 won백원 [baek-won]
500 won오백원 [o-baek-won]
1000 won천원 [cheon-won]
5000 won오천원 [o-cheon-won]
10,000 won 만원 [man-won]
50,000 won오만원 [o-man-won]

How To Count Money In Korean

Now that you know the Korean currency (원) and the common Korean currency denominations, it’s really easy to count money in Korean if you know Sino-Korean numbers. To say any amount of money in Korean, you simply say the number using Sino-Korean numbers followed by the word 원 [won]. Here are some example sentences using ‘How much is it?’ in Korean.

Example Sentences

EnglishKoreanAudio
How much is it?얼마예요?
[eol-ma-ye-yo?]
It’s 100.백원이에요.
[baek wo-ni-e-yo]
It’s 500.오백원이에요.
[o-baek wo-ni-e-yo]
It’s 1000.천원이에요.
[cheon wo-ni-e-yo]
It’s 2000.이천원이에요.
[i-cheon wo-ni-e-yo]
It’s 2500.이천오백원이에요.
[i-cheon-o-baek wo-ni-e-yo]
It’s 10,000.만원이에요.
[man wo-ni-e-yo]
It’s 22,500.이만이천오백원이에요.
[i-man-i-cheon-o-baek wo-ni-e-yo]

Practice Exercise

Practice counting money in Korean with this fun quiz. You will be asked ‘How much is it?’ and then you must choose the correct price in Korean.