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Yang
Hangul	냥
Hanja	兩
Revised Romanization	nyang
McCune–Reischauer	nyang

Fun
Hangul	분 or 푼
Hanja	分
Revised Romanization	bun or pun
McCune–Reischauer	pun or p'un

The yang (양/兩) was the currency of Korea between 1892 and 1902. It was subdivided into 10 jeon (전/錢), 100 bun (분/分) and 5 yang = 1 hwan (환/圜).

Contents [hide] 1 Etymology 2 History 3 Coins 4 Banknotes 5 References

[edit]Etymology

The word yang is a cognate of the Chinese "tael" (pronounced "liǎng" in Chinese). Fun (pronounced "pun" but spelt with an "f" on the coins), is also a cognate of a Chinese word, fen, which is equal to 1/100 yuan, whilst hwan is a cognate of yuan itself.

[edit]History

Just before the yang was introduced, a small number of coins denominated in hwan (환/圜) and mun (문/文) were minted (1 won = 1000 mun). It is unclear whether these coins circulated. The 1 won and 5 yang coins were equal in size, containing 416 grains of silver. However, before 1892, the main currency of Korea was the mun, a denomination based on the Chinese cash (Chinese: 文wén).

The mintage and circulation of modern currency began during the last years of the old Korean Emp

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