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Hater Depot
Joined: 29 Mar 2005
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 Posted: Tue Dec 13, 2005 5:08 am Post subject: New 5,000 won notes next year |
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http://times.hankooki.com/lpage/biz/200512/kt2005121317330611870.htm
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The Bank of Korea (BOK) will issue new 5,000-won banknotes on Jan. 2, the bank said Tuesday.
The bank plans to distribute some 80 million 5,000-won bills among banks for public use. People can exchange the old notes with new bills at the central bank.
The bank said ATMs would not accept the new notes because their size is smaller than the old ones. Banks plan to introduce new ATMs that can accept new notes in the first half of 2007 after the BOK issues new 10,000-won bills, BOK officials said. |
Don't tell anybody but they look Japanese to me. |
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philthy
Joined: 02 Sep 2005
Location: Incheon
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| Posted: Tue Dec 13, 2005 5:23 am Post subject: |
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| Maybe they should use the same technology to introduce bills worth more than ten bucks! |
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weatherman
Joined: 14 Jan 2003
Location: Korea
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| Posted: Tue Dec 13, 2005 5:52 am Post subject: |
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| philthy wrote: |
| Maybe they should use the same technology to introduce bills worth more than ten bucks! |
Not to be a heartless arse, but LESS!
about $9.35 What a joke really! |
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Cedar
Joined: 11 Mar 2003
Location: In front of my computer, again.
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| Posted: Tue Dec 13, 2005 6:01 am Post subject: |
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| weatherman wrote: |
| philthy wrote: |
| Maybe they should use the same technology to introduce bills worth more than ten bucks! |
Not to be a heartless arse, but LESS!
about $9.35 What a joke really! |
Uh... if 5,000 won = 9.35 I'm richer than I thought! |
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uberscheisse
Joined: 02 Dec 2003
Location: japan is better than korea.
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| Posted: Tue Dec 13, 2005 6:07 am Post subject: |
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i just did a journal topic with my kids - design the new 50,000 won note.
they were to explain who would be on the front, what korean place would be on the back, and which korean cultural symbol would be on the front left.
it took a good ten minutes to explain why it's a good idea. i needed to draw pictures. |
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ajgeddes
Joined: 28 Apr 2004
Location: Yongsan
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| Posted: Tue Dec 13, 2005 6:48 am Post subject: |
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| Weatherman, I believe they were referring to, perhaps a 20,000 won bill. Thanks for coming out. |
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tzechuk
Joined: 20 Dec 2004
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| Posted: Tue Dec 13, 2005 7:06 am Post subject: |
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| That's really ugly. |
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Hater Depot
Joined: 29 Mar 2005
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| Posted: Tue Dec 13, 2005 3:14 pm Post subject: |
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| Why is it that every time a country redesigns its currency, it winds up looking worse? I went to the money room in the Smithsonian. You walk through the eras of American money and watch it get progressively more like Monopoly money. |
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riley
Joined: 08 Feb 2003
Location: where creditors can find me
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| Posted: Tue Dec 13, 2005 3:57 pm Post subject: |
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I just told my korean coworker that new korean money is coming out with the face of George W. Bush on it. She was shocked.  hehehehe |
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vlcupper
Joined: 12 Aug 2004
Location: Gangnam
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| Posted: Tue Dec 13, 2005 5:31 pm Post subject: |
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| riley wrote: |
| I just told my korean coworker that new korean money is coming out with the face of George W. Bush on it. She was shocked. hehehehe |
If you had said Koizumi, she probably would have started a protest. |
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Cedar
Joined: 11 Mar 2003
Location: In front of my computer, again.
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| Posted: Tue Dec 13, 2005 6:06 pm Post subject: |
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| Actually there was a newspaper article on Monday (JoongAng Daily) talking about removing some 0s from the currency. (As well as potentially issueing a bigger note or several). |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Tue Dec 13, 2005 6:28 pm Post subject: |
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| Actually there was a newspaper article on Monday (JoongAng Daily) talking about removing some 0s from the currency. (As well as potentially issueing a bigger note or several) |
They've been talking about this off and on for a couple of years. I thought they had decided to actually do something. But maybe not. |
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philthy
Joined: 02 Sep 2005
Location: Incheon
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| Posted: Tue Dec 13, 2005 6:35 pm Post subject: |
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| Cedar wrote: |
| Actually there was a newspaper article on Monday (JoongAng Daily) talking about removing some 0s from the currency. (As well as potentially issueing a bigger note or several). |
I think that's a polite way to say devaluing the currency like the Mexicans did to the Peso. The won is going down like Paris Hilton at a frat party. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Tue Dec 13, 2005 6:56 pm Post subject: |
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The won is going down like Paris Hilton at a frat party.
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The won is going up for me, but I can't think of as good a line as yours: Going up like a hot air balloon just lacks the pizazz. |
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