The purpose of this study is to investigate age-specific features of 2;1-to 4;1-year-olds' production of monophthongs and diphthongs through both auditory perceptual analysis and acoustic analysis. Test material included {vowel+'da'} consisting of 7 monophthongs and 10 diphthongs and meaningful words beginning with vowels. The percentage of correct vowels was used for perceptual analysis and Praat(5.2.12) was used for acoustic analysis, analyzing variables related to monophthongs and diphthongs. The results of this study are as follows: First, perceptual analysis showed that children from an age group of 2;1 to 2;8 years showed significant difference in the accuracy level of both monophthongs and diphthongs as compared to those aged 2;9 to 3;4 years and those aged 3;5 to 4;1 years. Second, the results of acoustic analysis provided that formant (F1 and F2) of monophthong, in general, tended to decrease as age increased. In terms of F2 differentiation slope and regression slope, which were diphthong-related variables, the age group of 3;5 to 4;1 years showed a large general slope change.