The Low Down on South Korean Currency
South Korean Won
Bank of Korea
₩1,000, ₩2,000, ₩5,000, ₩10,000, ₩50,000
₩1, ₩5, ₩10, ₩50, ₩100, ₩500
The official currency in South Korea is the won; which is issued by The Bank of Korea. 1 Won is divided into 100 jeon; although the jeon is no longer used for regular transactions.
The won in its current form has been used in South Korea since 1962, and officially replaced the previously-used hwan in 1975.
The ‘won’ has been used throughout several periods of Korean history, with the ‘old won’ referring to a cognate of the Japanese yen and Chinese yuan used in Korea prior to 1910.
What to spend your South Korean won on:
Bottle of Coke
One-way train ticket
Pair of Jeans
Admission to the four palaces
Must-sees in South Korea
Buying South Korean won Online is Easy
Simply order your South Korean won online to lock in the rate, then choose to collect at your local store or at the airport before you fly.
- 1. Click the ‘Buy Won Now’ button below
And tell us how much you need for your trip.
- 2. Choose how to get it
Collect your currency from 33 Travelex stores.
- 3. Pay online
Simply pay using either your debit card (recommended) or credit card and you’re all set!
*Rates are subject to change throughout the day. In-store rates vary compared to online.
**The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip.