1. How much does it cost to be a "rich man" in Korea?
According to a questionnaire survey conducted by Moneytoday in South Korea, the standard of the rich in people's minds is total assets of at least 654.38 billion won (about 5.83 million RMB), including financial assets and real estate. 38.8% of the respondents believe that the standard of the rich is the total assets of "more than 654.38 billion won (about 5.83 million RMB)". 19.8% answered "more than 2 billion won (about 1 1.66 million RMB)". Only 30. 1% people in Seoul, which has a heavy housing price burden, think that "having more than 654.38 billion won (about 5.83 million RMB)" is considered rich.
Second, the development history of the won
1945, the United States defeated Japan, occupied the southern part of the Korean peninsula, and issued new currency. In the first edition, the exchange rate of Korean won against the US dollar was set to 15: 1. However, the North-South conflict on the Korean Peninsula has become increasingly fierce, social unrest and hyperinflation have continued for several years, leading to the continuous depreciation of the first edition of the Korean won. By 195 1 year, the exchange rate of Korean won against the US dollar became 6000: 1. After the Korean War, the Republic of Korea gradually moved towards the path of peaceful development. 196 1 year, General park chung-hee gained the sovereignty of the Republic of Korea through a coup, and then issued the second edition of the won. 1962, and the exchange rate of Korean won against US dollar is 125: 1. Since then, the Korean economy has run wild, and the currency circulation has soared. 1980, and the exchange rate of won against the US dollar is 580: 1. From 65438 to 0997, the Asian financial crisis broke out and the Korean economy suffered a major blow. The Korean government announced the release of the third edition of the won, which directly halved the purchasing power, and the exchange rate of the won against the US dollar became 1 100: 1.
South Korea's extremely prosperous economy makes the value of today's won too high, but it has little impact on currency circulation. In 2009, 50,000 won was issued according to market demand.