Complete the sentence about South Korean won with the correct year: The first South Korean won was replaced by the hwan on February 15, ______, at a rate of 1 hwan = 100 won.

Answer and explanation

Correct answer: C. 1953

The first South Korean won was replaced by the hwan on 15 February 1953, at 1 hwan to 100 won. The Korean War was part of the reason.

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