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  1. www.armstrongeconomics.com › research › monetary-history-ofKorea - Armstrong Economics

    Monetary History of Korea. South Korea. Korea did not begin to use money until the Koryo Period (Goryeo 高 麗) (936-1392 AD) when coins from China’s Song Dynasty (宋朝) (960-1279 AD) were actually imported and began to circulate. Prior to this time, barter based on rice and cloth was the principal means of exchange.

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