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There are 6 different types of coins that are used (some not so widely) in Korea. These coins are valued from 1 won to 500 won.

1 won: Almost non-existent, but is an official coin nonetheless. At an exchange rate of 1000 won to 1 dollar, these are 0.1 cent each.

5 won: Almost same as 1 won, almost non-existent. These are 0.5 cent each

10 won: Brown, bronze shaped coins. They are slightly larger than 1 won coin. They are more prevalent than 1 won in usage, but it's still hardly used. Again, following the previous exchange rate these are 1 cent each.

50 won: slightly smaller coins than 10 won, and these are silver in color. These are valued the same as a nickel in the US.

100 won: Probably the most used coin in Korea. Valued the same as a dime in the US.

500 won: These are the largest of the five coins, and are valued at 50 cents.

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