Exchanging Foreign Currency

One US dollar is roughly equivalent to 1,050 Won (as of Jan. 2015). US dollars are easily exchanged throughout Korea and 

other currencies such as Euro, Japanese Yen can generally be exchanged in airport, local banks, hotels or an authorized 

exchange service centers in metropolitan cities such as Seoul and Busan. It is recommended that the majority of money 

be exchanged in cash whilst in Seoul as it can be inconvenient to use traveler’s check or ATM during your stay in Korea.

Please note that exchange rates fluctuate daily and it is recommended to check rates before exchanging your foreign currency into Korean won.

<Business hours>
– Bank : 9 am – 4 pm except Saturday, Sunday and Holidays
– Exchange service center : 9:30 am – 10 pm, everyday
– Authorized exchange : 24 hours in hotels, and 09:00 am – 5:00 pm at other places