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Black Market Money Changers?

 
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spliff



Joined: 19 Jan 2004
Location: Khon Kaen, Thailand

PostPosted: Wed Aug 13, 2008 3:41 pm    Post subject: Black Market Money Changers? Reply with quote

Where are the good ones and what kind of rate could I expect to get for changing 4mill won to US dollars? Is 1000 to 1 a reasonable expectation? The won seems to be taking a "well Being" wank again.
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spliff



Joined: 19 Jan 2004
Location: Khon Kaen, Thailand

PostPosted: Wed Aug 13, 2008 5:27 pm    Post subject: Reply with quote

No one has any info/experience with this?
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bundangbabo



Joined: 01 Jun 2008

PostPosted: Wed Aug 13, 2008 5:41 pm    Post subject: Reply with quote

Perhaps nobody wants to help you. Reap what you sow
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ZenMoto



Joined: 24 Jan 2008
Location: Seoul / Seocho

PostPosted: Wed Aug 13, 2008 6:06 pm    Post subject: Reply with quote

+1
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orosee



Joined: 07 Mar 2008
Location: Hannam-dong, Seoul

PostPosted: Wed Aug 13, 2008 6:19 pm    Post subject: Reply with quote

Maybe you can find that lady in Itaewon that gave another poster 100 fake dollar bills (whatever happened to that story?) and ask her to pay you out in oneses?

That's just for laughs. I have no useful answer for you. Embarassed
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Yesterday



Joined: 15 Aug 2003
Location: Land of the Morning DongChim (Kancho)

PostPosted: Wed Aug 13, 2008 11:26 pm    Post subject: Re: Black Market Money Changers? Reply with quote

spliff wrote:
Where are the good ones and what kind of rate could I expect to get for changing 4mill won to US dollars? Is 1000 to 1 a reasonable expectation? The won seems to be taking a "well Being" wank again.


Take a bus to Incheon airport and change your money at the "Woori bank currency Exchange" just inside the door at Incheon airport..

They will give you US$3,850.00...

(Of course it will cost you 50,000won for your bus journey to the airport and back and maybe 3 hours of time) - but you will still be left with US$3,800.00...

other places will only give you $3,000.00 ~ $3,400.00

(The black market money changers (bmmc)'s will keep the extra money and if you dispute it - claim that they are running on the rates offered by their "headquarters" not the bank)..
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spliff



Joined: 19 Jan 2004
Location: Khon Kaen, Thailand

PostPosted: Thu Aug 14, 2008 4:49 am    Post subject: Reply with quote

Wow, like I'm sure I don't understand that. Laughing
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Unposter



Joined: 04 Jun 2006

PostPosted: Thu Aug 14, 2008 6:03 am    Post subject: Reply with quote

shop around. They usually all have about the same rate, at best maybe there is a one won difference.

I have not exchange anything recently but I have never had a bad experience. Stick with brand new hundreds and you can't go wrong. If they try to slip you an old one ask them for a new one. They have never looked at me twice for asking.
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