Currency: 1 South Korean won (W) = 100 chun (theoretical)

Exchange rates: South Korean won (W) per US$1—1,174.00 (January 1999), 1,401.44 (1998), 951.29 (1997), 804.45 (1996), 771.27 (1995), 803.45 (1994)

Fiscal year: calendar year

Communications

Telephones: 16.6 million (1993)

Telephone system: excellent domestic and international services
domestic: NA
international: fiber-optic submarine cable to China; satellite earth
stations—3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1
Inmarsat (Pacific Ocean region)

Radio broadcast stations: AM 79, FM 46, shortwave 0

Radios: 42 million (1993 est.)

Television broadcast stations: 121 (in addition, there are 850 relay stations and eight-channel American Forces Korea Network) (1997)

Televisions: 9.3 million (1992 est.)