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Exchange Rate: $1 = 944 won. Anywhere better than that ?

 
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offtheoche



Joined: 21 Mar 2007

PostPosted: Thu Sep 06, 2007 7:47 pm    Post subject: Exchange Rate: $1 = 944 won. Anywhere better than that ? Reply with quote

Leaving in the next few days and yesterday tried the banks and a few money exchange places in Itaewon and this was the best rate quoted. Has anybody tried Yongsan or elsewhere that I might be able to get a better rate? Thanks.
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Grinz



Joined: 02 Sep 2007

PostPosted: Fri Sep 07, 2007 7:02 am    Post subject: Reply with quote

Just opened a bank account here in Incheon, they gave 922 won per US dollar. If you are getting 944 won that sounds pretty good to me, either that or I got gouged. Best of luck to ya.
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huffdaddy



Joined: 25 Nov 2005

PostPosted: Fri Sep 07, 2007 7:09 am    Post subject: Reply with quote

Grinz wrote:
Just opened a bank account here in Incheon, they gave 922 won per US dollar. If you are getting 944 won that sounds pretty good to me, either that or I got gouged. Best of luck to ya.


You bought won. He's selling won. You two should have got together and split the difference.
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Juregen



Joined: 30 May 2006

PostPosted: Fri Sep 07, 2007 6:47 pm    Post subject: Reply with quote

huffdaddy wrote:
Grinz wrote:
Just opened a bank account here in Incheon, they gave 922 won per US dollar. If you are getting 944 won that sounds pretty good to me, either that or I got gouged. Best of luck to ya.


You bought won. He's selling won. You two should have got together and split the difference.


They call that arbitrage Smile
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seoulman1



Joined: 02 Feb 2007
Location: Jamsil

PostPosted: Fri Sep 07, 2007 8:01 pm    Post subject: Reply with quote

Juregen wrote:
huffdaddy wrote:
Grinz wrote:
Just opened a bank account here in Incheon, they gave 922 won per US dollar. If you are getting 944 won that sounds pretty good to me, either that or I got gouged. Best of luck to ya.


You bought won. He's selling won. You two should have got together and split the difference.


They call that arbitrage Smile


bloody good idea tho.
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laogaiguk



Joined: 06 Dec 2005
Location: somewhere in Korea

PostPosted: Fri Sep 07, 2007 8:02 pm    Post subject: Reply with quote

travelers checks tend to have good exchange rates I heard ???
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