Korean Currency
Korea's official monetary unit is the won (￦).
Bills
50,000 won
(omanwon)
10,000 won
(manwon)
5,000 won
(ocheonwon)
1,000 won
(cheonwon)
Coins
500 won
(obaegwon)
100 won
(baegwon)
50 won
(osibwon)
10 won
(sibwon)
Credit Card
Most of the businesses in Korea widely use and accept payment by credit cards, including at major hotels, department stores, and general shops. Visa, MasterCard, American Express and other credit cards can be used; however check the service availability before making purchases as some stores may not provide this service.
Money Exchange
When you need to exchange your foreign currency into Korean won, visit a bank or authorized exchange service center. Banks are generally open 09:00-16:00 on weekdays. Operating hours may vary depending on the bank and region, please check in advance prior to visiting. Korea Post Bank operates 09:00-16:30. Please be aware that money exchange of old currency may not be accepted at certain locations. Make sure to check if banks or authorized exchange service centers accept old currency beforehand.
Currency Converter
www.xe.com/currencyconverter (Korean, English, Japanese, Chinese, German, French, Spanish, Portuguese, Italian, Swedish, Arabic, Dutch, etc.)
