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Although won is the transliteration that is currently used for South Korea's basic monetary unit, hwan was the prevalent transliteration from 1953 to 1962.
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1953, in the meaning defined above
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“Hwan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hwan. Accessed 29 May. 2020.
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