Should I exchange money before I travel to Korea?

Changing your money to South Korean Won prior to your trip would be ideal but you can also exchange foreign currency at any of the South Korean banks, currency exchange desks at Incheon Airport and Gimpo Airport, or in tourist areas like Myeongdong, Itaewon, and Dongdaemun – all of which are located in Seoul.



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Buy currency before you travel. Doing so gives you time to shop around for the best rate. Plus, when you arrive, you won't have to immediately find a bank or currency exchange. Do some research ahead of time to see if US dollars are widely accepted at places you plan to go to.

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All major credit cards are accepted in South Korea, but if you're venturing into the rural areas or would like to dine at smaller restaurants, it is best to still have some cash on you.

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According to Korea's customs restrictions, you must complete the declaration form and present to a customs officer on arrival if you are carrying: Any item that must be declared by law. Items that exceed the duty-free limit. Cash in a foreign currency over the value of USD $10,000.

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The best place to keep your money is in a place that is 100 percent hidden and unnoticeable. Money pouches are an effective way to keep your valuables safe and on your person at all times. Some can be attached to your belt, others may hang around your neck.

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The general consensus is that you should have $50 to $100 in cash per day for each traveler.

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Eating out will generally set you back USD 12/meal, so USD 100 should be enough for you to also shop and see even the more expensive places, like private museums and amusement parks. More than enough..,can spend on their local cosmetic brand like Faceshop...

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It is recommended to bring a minimum amount of cash with you. $200 USD should be enough to pay for small items and in case your card doesn't work. All of your other expenses should be paid with your card. Bring at least 2 cards and inform your bank you will be traveling to South Korea.

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How much money will you need for your trip to South Korea? You should plan to spend around ?147,903 ($111) per day on your vacation in South Korea, which is the average daily price based on the expenses of other visitors.

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Taking money into South Korea You can bring Korean won and/or foreign currency worth up to $10,000 USD into South Korea.

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The following items are restricted in South Korea and must be declared at customs:
  • Firearms: including replicas and toys.
  • Precious metals: gold jewelry used daily is not included.
  • Narcotics: illegal drugs including marijuana or cannabis, cocaine, opium etc.


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A little preparation can go a long way in making sure you can enjoy all the highlights and once in a lifetime experiences.
  1. A portable charger and power adapters. ...
  2. Comfortable clothes and shoes. ...
  3. Medicines. ...
  4. A list of public holidays in Korea. ...
  5. A surgical mask. ...
  6. A large fashion bag for shopping. ...
  7. Personal hygiene products.


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