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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 Dollars are an accepted form of foreign currency and can be used in the areas in and around the American military bases in South Korea.


Currency Exchange Rates


South Korea KRW 100 KRW 1,000 KRW 10,000 KRW 100,000 KRW 1,000,000
Australia A$ 0.08 A$ 0.84 A$ 8.41 A$ 84.10 A$ 840.98
Canada C$ 0.09 C$ 0.88 C$ 8.85 C$ 88.45 C$ 884.55
Ireland € 0.07 € 0.68 € 6.84 € 68.43 € 684.31
New Zealand NZ$ 0.11 NZ$ 1.09 NZ$ 10.92 NZ$ 109.17 NZ$ 1,091.72
South Africa R 0.73 R 7.32 R 73.25 R 732.46 R 7,324.61
United Kingdom £ 0.06 £ 0.57 £ 5.66 £ 56.58 £ 565.82
United States of America US$ 0.09 US$ 0.87 US$ 8.66 US$ 86.61 US$ 866.10

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

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