[Korea Travel Tips] Korean Currency & Currency Info

If you want to travel Korea

You need to know Korean Currency!

Korea's official monetary unit is the won.

		Bill. fifty thousand won 50,000 won 오만원(o-man-won)
		Bill. ten thousand won 10,000 won 만원(man-won)

		Bill. five thousand won 5,000 won 오천원(o-cheon-won)
		Bill. thousand won 1,000 won 천원(cheon-won)

		Coin. five hundred won 500 won 오백원(o-baek-won)
		Coin. hundred won 100 won 백원(baek-won)

		Coin. fifty won 50 won 오십원(o-sip-won)
		Coin. ten won 10 won 십원(sip-won)

Traveler's Checks

Traveler's checks can be exchanged for cash at banks or exchange booths. 

A number of stores still accept the checks instead cash.

Nonetheless, the forms of credit cards and debit cards have 

become a more preferred means of payment by travelers. 

Thus trading checks is hardly observed nowadays as 

there is seemingly a decreasing number of stores that offer this service. 

When you need to exchange your foreign currency into Korean won, 

visit a bank, exchange service center, or an authorized exchange. 

○ Almost Bank business hours 

09:00-16:00 

● Standard Chartered Bank hours 09:30-16:30

● EVERRICH Bank hours 

09:00-16:30

closed on Saturdays, Sundays and public holidays. 

 Most of the businesses in Korea widely use 

and accept payment by credit cards

including at major hotels, department stores, large restaurants and stores. 

Visa, MasterCard, American Express and other credit cards can be used

 however check the service availability before making purchases 

as some stores may not be subject to this service. 

I hope you have a nice travel in South Korea.

Thank you for Reading.