S.Korean banknotes' lifespan rises on lower cash demand

SEOUL, Dec. 7 (Xinhua) -- South Korean banknotes' lifespan rose this year on lower cash demand, central bank data showed Wednesday.

The average estimated lifespan for 50,000-won (38 U.S. dollars) notes, the country's highest denomination bills, was 181 months in 2022, up from 178 months in the previous year, according to the Bank of Korea (BOK).

The lifespan for 10,000-won (7.6 dollars) and 1,000-won (76