Central Banking

Report says Korean bank notes last longer

A report produced by the Bank of Korea says Korean bank notes are more durable than paper money from the USA, Canada and Britain. The average durability of a W10,000 note was 54 months, much longer than the 18 months of a US$10 bill, the 12 months for a five-pound note in Britain, and the 24 months for a 10-Canadian dollar bill.

Source: Digital Chosun

The paper used to make Korean W10,000 bills, the largest denomination, was found to last longer than the paper used in the United States, Canada

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