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= KRW=1 NZD
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The Low Down on South Korean Currency

Currency:

South Korean Won

Currency code:

KRW

Central Bank:

Bank of Korea

Currency symbol:

Bank notes:

₩1,000, ₩2,000, ₩5,000, ₩10,000, ₩50,000

Coins:

₩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

    1,659 KRW *

  • *

    One-way train ticket

    1,250 KRW *

  • *

    Pair of Jeans

    67,825 KRW *

  • *

    Movie ticket

    10,000 KRW *

  • *

    Admission to the four palaces

    10,000 KRW *

How many won will I need?**

Please select your budget above.


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Total spending money needed:

  • *A budget
  • *for people for
  • * nights


*Recalculate

Must-sees in South Korea

*
  • Bukchon Hanok Village
  • One of the historic hot-spots that South Korea has to offer, Bukchon Hanok historic village, dates back more than 500 years to the Joseon Dynasty. Narrow streets service a variety of ancient homes, teahouses and pagoda-roofed guesthouses of old Korea.
*
  • Jeju Island
  • Jeju is affectionately known by locals as the ‘Island of the Gods’ for good reason. One of the most romantic places to visit in South Korea, Jeju sits among lush forested scenery boasting stunning shores, an immersive local culture and astonishing lava tubes.
*
  • Boseong
  • If it’s breath-taking scenery you’re after, Boseong will not disappoint. Hills upon hills of green tea fields sprawl endlessly throughout this area known as the tea capital of South Korea. Tea culture is strong here with many delicacies to try, including green tea pork belly and ice cream.

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!

Travelling to South Korea in the Future?

Travelling to South Korea in the Future?

Track Rates and get notified when the KRW matches your ideal rate so you can decide if it’s a good time to buy!

Track Rates

Prefer to Buy in Store?

Prefer to Buy in Store?

If buying online is not your thing, visit your nearest Travelex store around and one of our friendly sales consultants will help you organise your real for your trip to South Korea.

Find a Store

Travel Card or Cash?

Travel Card or Cash?

What’s Better When Travelling Abroad?

We’ve outlined the pros and cons of travelling with a travel card or cash to help you decide.

Learn more

*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.