The Korean won (KRW) is the official currency of South ... The Bank of Korea issues banknotes in denominations ranging from 1,000 to 50,000 won. The notes feature early Yi or Chosŏn dynasty ...

2009 saw the debut of the KRW 50,000 bill, the nation's highest denomination, that included security features such as a watermark with a portrait and a 3D hologram that changes color.

While specific USD/KRW levels were not mentioned, the Ministry of Economy and Finance (MoEF) confirmed that discussions with the US are in progress, although no decisions have been made yet.