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<p>[QUOTE=&quot;gxseries, post: 2018494, member: 4373&quot;]With US 100 dollar notes - this is an exception unlike South Korea 50,000 won note. </p><p><br /></p><p>As US dollar notes as still used worldwide in many countries, ranging from South America to Russia, a lot of 100 dollar notes are actually held overseas. Figures can range from one reference to another but it makes sense that more than 50% of 100 dollar notes are held overseas. </p><p><br /></p><p>Take this reference as an example: <a href="http://www.npr.org/blogs/money/2013/04/12/177051690/most-100-bills-live-outside-the-u-sp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.npr.org/blogs/money/2013/04/12/177051690/most-100-bills-live-outside-the-u-sp" rel="nofollow">http://www.npr.org/blogs/money/2013/04/12/177051690/most-100-bills-live-outside-the-u-sp</a></p><p><br /></p><p>However with South Korea, these 50,000 won notes rarely circulate overseas. As of why this is happening in Korea - who knows. There&#039;s always room to speculate. I presume people want to hold onto cash when they have trouble trusting the bank. Some might remember the financial crisis in 1997 / 1998 and South Korea had to be bailed out by the IMF. As of what happened during that time in South Korea - I don&#039;t know as I never lived there but you can only imagine how hard it must have been.[/QUOTE]</p><p><br /></p>

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