chon
9.9
A unit of money in North Korea equal to one hundredth of a won
- noun
:
chon
- While traveling in North Korea, I learned that one chon is equal to one hundredth of a won.
Examples
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The price of food in North Korea is often listed in chon, reflecting its use as a standard monetary unit.
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After the exchange rate changed, he realized that his savings in chon were worth much less than before.
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I think Jongmyo, Buk-chon, the Daewongun's old mansion (right by Insadong), and Kyongbok Palace are all interesting cultural sites to see.
Blog text (18)
Surface Forms
Etymology
Chon comes from the Korean word jeon and before that the Chinese word qian, which mean 'money' or 'coin'. A chon is the tiny part of a won, equal to one hundredth, so the name tells you it is a 'small coin', like a 'cent' in other countries.
