10,000 won in 1983

100 packs in 1983

Let's take the same 10,000 won back to 1983. Back then, a pack of ramen cost 100 won, so 10,000 won bought 100 packs. Today it costs about 830 won, so it buys 12. The bill still says 10,000 won, but it buys less ramen. We call this "money losing value."

Why?Over that time, ramen prices rose about 8.3 times, and the prices of all the things people often buy rose about 4.1 times. Seen from the goods, "prices went up." Seen from the money, "money lost value." It is the same thing seen from two sides.

Learn moreDrag the year bar at the top to see how the stack changed each year. The stack has 9 packs per layer, and leftover change is ignored.

Ramen a 10,000-won bill buys, 1983

100 packs

One pack, 1983

100 won

One pack, 2025

about 830 won

calculated from Bank of Korea ECOS data and recorded ramen prices