How much is 50,000 won, and 50,000 won is how much yuan

Updated on tourism 2024-03-20
9 answers
  1. Anonymous users2024-02-07

    50,000 won.

    It's RMB. 1. South Korean won. The exchange rate of RMB is: 1 won = RMB, according to today's exchange rate, 50,000 won can be exchanged for RMB, the data is for reference only, and the transaction price is subject to the bank counter transaction price.

    2. There are two types of Korean won: banknotes and coins. There are four types of banknotes: 1,000 won, 5,000 won, 10,000 won, and 50,000 won, which are easy to distinguish according to the historical figures and colors printed on the banknotes, and there are a total of 1 won, 5 won, 10 won, 50 won, 100 won, 500 won, and 6 coins. There are four types of coins in circulation: 10 won, 50 won, 100 won, and 500 won, with 10 won being the smallest unit.

    Extended Materials. The basic unit of the Korean won.

    It's won. On June 23, 2009, the Bank of Korea, the central bank of Korea, issued a banknote with a denomination of 50,000 won, which is the largest banknote issued in the country to date. At the time of the founding of Korea, the value of the currency was based on the Japanese yen in reference to Japan.

    to be issued. Denominations from $1 to $10,000. Later, after nearly 60 years of South Korea's economic take-off, South Korea's economic prosperity has created today's high value of the won, but it does not have much impact on the circulation of the currency.

    In 2009, a 50,000-won denomination was issued according to market needs. The argument "worthless" is unscientific, and can only be said to be a high denomination of the currency. Money is the general equivalent.

    The total supply and real purchasing power of money.

    There is a certain proportion of relationship. For example, if a country has items worth 10 billion yuan, the country has printed a total of 10 billion yuan in currency. Then the items worth one yuan will be sold for one yuan.

    But if the country prints 100 billion yuan of currency, and the total value of the goods is still 10 billion yuan, then what was originally sold for one yuan will be sold for 10 yuan. The number of coins printed in South Korea is relatively large, and things sold for 1 yuan in China will be sold for more than 100 yuan. So the face value is large.

    There are historical factors in the formation of currency value, and the process is relatively complicated. The low value of the currency cannot be said to be "worthless", and it should be considered comprehensively. There is also a special situation in Japan and South Korea, that is, the smallest unit of their currency is "yuan", which is "yen".

    Or "won". Their currency does not have a decimal of our "cents". So their 100 yuan is equivalent to one of our dollars.

    In this way, the value of the currency is not very low. 100 yen in Japan, which is equivalent to about 1 dollar; The 100 yuan of the Korean won, which used to be about the same as 1 yuan, has now depreciated, which is about 5 jiao of the yuan.

  2. Anonymous users2024-02-06

    50,000 won is equivalent to about 270 yuan.

    The renminbi (RMB) is the legal tender of the People's Republic of China, and the People's Bank of China is the competent authority for the management of the renminbi, responsible for the design, printing and issuance of the renminbi. The unit of RMB is yuan, and the unit of auxiliary currency of RMB is jiao and cent. 1 yuan is equal to 10 jiao, and 1 jiao is equal to 10 points.

    The RMB symbol is the first letter of the pinyin capital y plus two horizontal "", that is, "".

    Since the issuance of the renminbi by the People's Republic of China, it has lasted 71 years, with the development of economic construction and the needs of people's lives and gradually improved and improved, as of 2020, five sets of renminbi have been issued, forming a multi-variety and multi-series monetary system such as paper money and metal coins, ordinary commemorative coins and commemorative coins. In addition to the three types of coins, the first, second and third sets of renminbi have been withdrawn from circulation, and the fourth set of renminbi has been out of circulation since May 1, 2018 (except for 1 jiao and 5 jiao banknotes and 5 jiao and 1 yuan coins). The RMB in circulation is mainly the fifth set of RMB issued in 1999, 2005, 2015, 2019 and 2020.

    On January 20, 2016, the People's Bank of China revealed at a meeting held here that it will strive to launch a digital currency issued by the central bank as soon as possible, and the meeting believes that under the current new normal of China's economy, exploring the issuance of digital currency by the central bank has positive practical significance and far-reaching historical significance.

    On November 30, 2015, the International Monetary Organization (IMF**) announced that the RMB would be officially included in the IMF's SDR basket with a weight, and the resolution came into effect on October 1, 2016.

    On November 12, 2015, the fifth set of RMB 100 banknotes for the 2015 edition was issued.

    From August 30, 2019, the fifth set of 50 yuan, 20 yuan, 10 yuan and 1 yuan banknotes and 1 yuan, 5 jiao and 1 jiao coins of the 2019 edition will be issued.

    From November 5, 2020, the People's Bank of China issued the fifth set of RMB 5 banknotes for the 2020 edition.

  3. Anonymous users2024-02-05

    According to the exchange rate, 50,000 won is about 300 yuan.

  4. Anonymous users2024-02-04

    South Korean won to yuan, 1 won to yuan;

    1 Chinese Yuan South Korean won.

    Renminbi.

  5. Anonymous users2024-02-03

    10,000 won is about 60 yuan, so 50,000 won is almost equal to 300 yuan.

  6. Anonymous users2024-02-02

    Hello dear<>

    Fifty thousand won is the yuan. Foreign exchange is an important part of economic activities around the world. When making spring** and investments between different countries, a currency exchange is required in order to calculate the transaction amount.

    An exchange rate is a ratio between two currencies that indicates how much one currency can be exchanged for another. Changes in exchange rates can affect the volatility of national markets** and financial markets. Normally, the exchange rate fluctuates due to a variety of factors such as politics, economics, and finance.

    Therefore, when conducting cross-border transactions or travel, it is important to understand the current exchange rate situation in order to make a sound decision.

  7. Anonymous users2024-02-01

    Summary. Hello, I'm glad to answer for you, 50,000 won is about 264 RMB. 1 won = 1 yuan = won

    Hello, I'm glad to answer for you, 50,000 won is about 264 people's coins. 1 won = 1 yuan = won

    Due to the high exchange rate of the Korean won and its worthlessness, the circulation of 1 won and 5 won with companions was discontinued in February 2001. When Han was founded, the currency value was published with reference to the Japanese yen. From 1 yuan to 10,000 yuan.

    After that, after 60 years of South Korea's economic prosperity, South Korea's economic prosperity made the value of today's won stupid or too high, but the chaos has little impact on currency circulation.

  8. Anonymous users2024-01-31

    Summary. Hello, dear, I'm honored to answer for you! <>

    50,000 won is a pro of the yuan. The renminbi is the legal tender symbol of the mainland of the People's Republic of China. The People's Bank of China is the competent authority for the administration of the renminbi and is responsible for the design, printing and issuance of the renminbi.

    Since its establishment on December 1, 1948, the People's Bank of China has issued five sets of renminbi, forming a multi-variety and multi-series monetary system including paper money and metal coins, ordinary commemorative coins and *** commemorative coins.

    How much is 50,000 won?

    Hello, dear, I'm honored to answer for you! <>

    50,000 won is a pro of the yuan. The renminbi is the legal tender symbol of the mainland of the People's Republic of China. The People's Bank of China is the competent authority of the state to manage the renminbi, responsible for the design, printing and issuance of the renminbi.

    Since its establishment on December 1, 1948, the Chinese People's Cavity Bank has issued five sets of RMB, forming a multi-variety and multi-series monetary system including banknotes and metal coins, ordinary commemorative coins and *** commemorative coins.

    The exchange rate (also known as the foreign exchange rate, foreign exchange rate or foreign exchange market) is the ratio at which two currencies are exchanged for money, and can also be regarded as the value of one country's currency against another. The exchange rate is also a means for various countries to achieve their political goals. The exchange rate can change due to factors such as interest rates, inflation, the politics of the country and the economy of each country.

    The exchange rate is determined by the foreign exchange market.

  9. Anonymous users2024-01-30

    Summary. Addendum: The won generally refers to the Korean won.

    The basic unit of the won is the won. The unit of currency in South Korea is:"원"The Chinese character is written as "round" or "yuan", and the pinyin is represented by "won" ( ), and sometimes the old name "円" ( won) is used. The International Organization for Standardization (ISO) ISO 4217 has designated its standard code as KRW.

    Hello <>

    50,000 won is RMB. Hui Wei trillion rate conversion 1 won Song Shan Ji RMB 1 RMB South Korean won.

    Addendum: Han Seo Lu Won generally refers to the Korean won. The basic unit of the won is the won.

    The unit of currency in South Korea is:"원"The Chinese character is written as "round" or "yuan", and the pinyin is represented by "won" ( ) and sometimes the old name "円" ( macro belt, won) is also used. The International Organization for Standardization (ISO) ISO 4217 has designated the standard antifibrillation standard code as KRW.

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