Foreign Currency
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Currency
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Korea`s official monetary unit is the won.
The Korean currency consists of a ten thousand, five thousand, and one thousand won note, and five hundred, one hundred, fifty and ten won coin.
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Currency Exchange Rate
Recently, a dollar exchanges for about 1,200 won. Exchange rates may change at any time according to the market conditions.
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Exchanging Money
When you need to exchange your foreign currency into Korean won, visit a bank, exchange service center, or an authorized exchange.
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Business hours
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- Bank : 9:30 am - 4:30 pm except Saturday, Sunday and Holidays
- Exchange service center : 9:30 am -10 pm, everyday
- Authorized exchange : 24 hours in hotel, and 9:00 am - 5:00 pm at other places.
- Don`t forget to take your receipt.
Korea`s official monetary unit is the won.
The Korean currency consists of a ten thousand, five thousand, and one thousand won note, and five hundred, one hundred, fifty and ten won coin.
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Credit Card
Visa, American Express, Diners Club, Master Card and others are used at hotels, department stores, large restaurants, and stores,
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Advice
- Plan your travel and exchange money carefully.
- After exchanging your money, check the money and exchange rate with a calculator.
- When you exchange your traveler's checks, you need to sign your name in the presence of a bank teller. Don't transfer your checks to another person.
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