Won Exchange Rate

weiyang76

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I am in seoul now, the rates are horrible when you use your credit cards.
Bring more Singapore dollars, exchange at Myeongdong for higher rates than Singapore.

At least for this period since October.
 

temasek_7

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Hi weiyang76,
For "exchange at Myeongdong", is it exchange at money changer like SGP or need to go into Bank?
Sorry, 1st time to Korea. Just to check is it easy to exchange money in Korea.
 

ThunderLion

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I am in seoul now, the rates are horrible when you use your credit cards.
Bring more Singapore dollars, exchange at Myeongdong for higher rates than Singapore.

At least for this period since October.

What's the rate at Korea using SGD now?
 

icansing

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one month ago was 895....can't believe drop so much. really feel like beating myself for not changing
 

weiyang76

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What's the rate at Korea using SGD now?

1 SGD to 869-875 KRW. The japanese, singaporean, us people are complaining about it. I believe it is related to the korean political activities coming in december.

Hi weiyang76,
For "exchange at Myeongdong", is it exchange at money changer like SGP or need to go into Bank?
Sorry, 1st time to Korea. Just to check is it easy to exchange money in Korea.

No need. It's rather easy to change in Korea especially at Myeong-Dong. It's like in Singapore, walk into any money changing shops and get their rates before you change.
 

coachie

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hi all
i will like to share my experience with u all. went korea on 23 nov. realised that the exchange rate at Incheon airport is better than Arcade money exchanger. So u guys mite want to change ur monies at Incheon airport instead.

I forgot the exact exchange rates, bt as a rough guide:

Arcade: 1 SGD to ~890won
VS
Incheon airport: 1 SGD to 900+ won

Exchange rates were around the dates of 20 - 23 Nov.
 

coachie

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BTW, saw this info on the internet:

Quote:
do NOT change the money before you leave the security area. You will see two money changers just before the exit to the main arrival hall. Do NOT change there!!
There are more money changers in the main arrival hall and their rates are slightly better.


Hope this helps! :)
 

buttbERry

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hi all
i will like to share my experience with u all. went korea on 23 nov. realised that the exchange rate at Incheon airport is better than Arcade money exchanger. So u guys mite want to change ur monies at Incheon airport instead.

I forgot the exact exchange rates, bt as a rough guide:

Arcade: 1 SGD to ~890won
VS
Incheon airport: 1 SGD to 900+ won

Exchange rates were around the dates of 20 - 23 Nov.

u from the future? its 21 Nov today!
 

James_Lim_2

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Wow, KRW rate is very bad right now, just checked on GET4X and best is only 872.

you guys think that it is going to be better or worse ?
 

kangck

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Just back from Soeul yesterday. Exchange rate at incheon airport is only 850 Krw
 
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