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South Korea Currency

Money

The official currency is the South Korean Won (KRW). Currency can be exchanged at most banks and at casinos. Most merchants in the cities accept major credit cards, but Koreans traditionally prefer cash. ATMs at banks are usually accessible only during banking hours, and instructions on the machines are generally only in Korean. Most public ATMs at convenience stores and subway stations are available 24 hours. US$ are accepted in a limited number of major locations and hotels.


Currency Exchange Rates


South Korea KRW 100 KRW 1,000 KRW 10,000 KRW 100,000 KRW 1,000,000
Australia AUD 0.12 AUD 1.22 AUD 12.24 AUD 122.39 AUD 1,223.88
Canada CAD 0.12 CAD 1.21 CAD 12.10 CAD 121.00 CAD 1,209.96
Ireland EUR 0.08 EUR 0.79 EUR 7.87 EUR 78.66 EUR 786.62
New Zealand NZD 0.13 NZD 1.31 NZD 13.06 NZD 130.55 NZD 1,305.54
South Africa ZAR 1.43 ZAR 14.33 ZAR 143.28 ZAR 1,432.76 ZAR 14,327.58
United Kingdom GBP 0.06 GBP 0.59 GBP 5.90 GBP 58.98 GBP 589.82
United States of America USD 0.09 USD 0.85 USD 8.54 USD 85.42 USD 854.19

Note: These currency exchange rates are not updated daily and should be used as a guideline only.

Become our South Korea Travel Expert

We are looking for contributors for our South Korea travel guide. If you are a local, a regular traveller to South Korea or a travel professional with time to contribute and answer occasional forum questions, please contact us.