Money Says Its Own Country
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Money Says Its Own Country
  • GLOBE
  • 승인 2014.01.10 11:29
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We usually draw a respected person, rare animal, plant, or historic structure on a monetary bill because the money is a face of the nation. Do you know the history of the Korean bills? Do you want to know what appears on the other countries’ bills? Then, let's see the money that shows each country's history and custom!

● The History of Money in Korea
In prehistoric times, people did not need money. Men hunted animals and women took care of their babies. They worked with one another and used to live on their own, self-sufficiently. But they were discontented with self-sufficiency, and people started to trade for what they needed. Bartering was useful, but it was a very inefficient way to trade. The old currency was shells or agricultural tools which everyone could use helpfully.
In the Koryo Dynasty, Chinese bills were brought into Koryo and were used as a payment means to conduct foreign trade with the Sung Dynasty, the Kitan and Japan. Meanwhile, material goods like rice, gold, or silver were used for money in the markets. In the Joseon Dynasty period, they tried to establish a centralized currency system in the process of abolishing the exchange of products.
The monetary unit of Korea is won. After the independence of Korea in 1945, the Bank of Korea was launched. They distributed 1,000 won bills and 100 won bills in 1950. After the Korean Minting and Security Printing Corporation was established, it has handled money making.

● Historical Figures on the Bill
Although the rate of using a credit card or check card is increasing, people still use money. The figures of great men are mainly used for bill design. Have you taken a look at the characters on Korean bills?
The 10,000 won bill using King Sejong as a model debuted in the 1970s. He is acclaimed as the greatest king in Korean history and is credited for creating Hangeul. Yi, I whose pen name is Yul Gok, appears on the front of the 5,000 won bill. On the back of it is Ojukheon, which is his birthplace. The 1,000 won bill was circulated with a design with a portrait of Yi Hwang and Dosan Seowon. Dosan Seowon was a lecture hall his disciples built to commemorate his learning and virtue. And in 2009, the new 50,000 won bill with the highest value as a bill was issued and circulated. The bill featured Shin Saimdang, a female writer and calligrapher of the Joseon Dynasty. Shin Saimdang is well-known as a wise mother and a good wife. For the first time, a woman appeared on our money design.
● The Various Money of the World
Let's look into the other countries’ bills.
In the case of China, it standardizes the character as Mao Ze-Dong from 1 yuan to 100 yuan, which reflects an unconditional worship to the founder of China.
The U.S. bills show the portraits of former presidents who achieved great things. But the interesting thing is that the 100 dollar bill which has the highest monetary unit did not have a president but Benjamin Franklin. That is because Franklin, who wrote the Declaration of Independence and made the U.S. Constitution, contributed to the U.S. foundation. One dollar, the lowest unit of money, was printed with the portrait of George Washington, the first president of the United States. Washington is the most revered man by U.S. people.
The figure on Japan's five thousand yen bill is Higuchi Ichiyo, who was the first female writer. She left a masterpiece that would go down in literary history. The figure on the one thousand yen is Hideyo Noguchi. He studied the poisonous snake and ptomaine. He was the one of the figures of authority in bacteriology. He is respected as Japan's Albert Schweitzer.
In Europe, the Euro is being used among 12 European nations. The shape of the Euro's coins varies, but the bills are all the same. The front of each bill is imaged with a door or window, and the back of it is adorned with the legs of an elephant. The former means hope about opening the world and the future, while the latter means that the European Union joins together and crosses barriers.
The main character of the Republic of South Africa is the animals. They are typical animals of the Republic of South Africa. The monetary unit of this nation is the rand. A rhinoceros appears on the 10 rand. An elephant appears on the 20 rand, a lion on the 50 rand, a buffalo on the 100 rand. A 200 Rand, the principal sum, has a leopard. On the 200 rand bill, the hero was a white man until early in 1990. In 1992, the new 50 rand was circulated, using an animal on the bill to resolve the problem of apartheid.
According to one online community board, the most beautiful bill of the whole world is Northern Ireland’s bill. It is designed with the universe. The five-pound bill represents a future-oriented design sense.
Money plays the most important role in economic activity. The value of money affects a lot of the economy. Also, the money of each country contains its own characteristics, cultural background, and history. Therefore, if you know one country’s money well, you can also know its history and representative person because money is modeled on its country’s great figures.


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