Won Exchange Rate

calhanzel

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Hi! Can i check if the money changers at Myeongdong accept SGD, or do we need to bring USD to exchange?
 

happydog999

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Yup, the rate to change at korea is much better than singapore and they accept singapore. Still don't understand why too.
 

lovin_u

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Selling leftover KRW. Only have $259,000 KRW in notes and 4550 in coins left to go @ 800KRW/1SGD. Can deal @ Yishun or Sengkang. If interested, please PM me. Thanks!
 

OlympicDreamer

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If someone ask me to transfer money to them.. should I withdraw SGD go money exchanger change to KRW then transfer to them? Or should I tell the bank to convert to KRW? Or use mastercard credit card is better?
 

nacggk

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Is Korean won higher than S‘pore dollar? If rate is 805, for 50000KW, I need to pay S$62.12.
 

jingzo

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Myeongdong rate for tonight is 820. I changed at embassy money changer. The one at the China embassy.
 

chehjin

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If someone ask me to transfer money to them.. should I withdraw SGD go money exchanger change to KRW then transfer to them? Or should I tell the bank to convert to KRW? Or use mastercard credit card is better?

sorry, too little info given for me to be of any help.

but no matter you go through bank exchange or mastercard currency exchange, they are using their own exchange rates, which may or may not be better than money changers cos they factor in their own fees as well.

next, bank transfer depending on the method used will incur other charges.

of cos, if u just want convenience and the amount is not too big, just use credit card.
 

Chae Yeon

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If someone ask me to transfer money to them.. should I withdraw SGD go money exchanger change to KRW then transfer to them? Or should I tell the bank to convert to KRW? Or use mastercard credit card is better?

Just xferred some to Korean side. What I can say was that I use bank instead. I tried to ask DBS if they allow to exchange currency outside and then deposit the money directly, but no such service. I did ask for cheaper ways but she mentioned that only way is through them ibanking. Costs applies, around SGD25 for below 15k or something.

Depending on how much you would like to transfer. I keep a Korean bank account over there in such cases.

Ohwell, I'm leaving in less than 24hours and I haven't change any. Hahaha gonna try my luck at the money changer than instead since SG rates sucks like hell~
 

christian2004

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Just xferred some to Korean side. What I can say was that I use bank instead. I tried to ask DBS if they allow to exchange currency outside and then deposit the money directly, but no such service. I did ask for cheaper ways but she mentioned that only way is through them ibanking. Costs applies, around SGD25 for below 15k or something.

Depending on how much you would like to transfer. I keep a Korean bank account over there in such cases.

Ohwell, I'm leaving in less than 24hours and I haven't change any. Hahaha gonna try my luck at the money changer than instead since SG rates sucks like hell~

Ya Go there change better...
 
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