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asylum seeker
Joined: 22 Jul 2007
Location: On your computer screen.
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 Posted: Mon Dec 22, 2008 11:16 am Post subject: Won-Baht exchange rate |
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| Is it better to exchange Korean Won directly to baht in Korea or to exchange it to dollars first and then to baht in Thailand? |
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D.D.
Joined: 29 May 2008
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| Posted: Mon Dec 22, 2008 5:51 pm Post subject: |
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| take u.s. dollars |
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Yu_Bum_suk
Joined: 25 Dec 2004
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| Posted: Mon Dec 22, 2008 6:44 pm Post subject: |
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| What kind of rate do you get taking out Baht with a Korean credit card? |
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losing_touch
Joined: 26 Jun 2008
Location: Ulsan - I think!
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| Posted: Mon Dec 22, 2008 7:39 pm Post subject: |
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I have been wondering about this as well. I am leaving on Saturday morning for Thailand. This forum has me convinced that I should not rely on my ATM card for cash. It sure would suck to be stuck in Thailand without any money. Korean TC's seem to be problematic.
So, I am going at it the old fashioned way, cold, hard cash. Now, I have some options:
1 - Exchange my won for dollars at Incheon
2 - Exchange my won for baht an Incheon
3 - Exchange my won for baht in Bangkok - Carrying that much won wouldn't be fun, so I will skip this option.
I will do some math tonight to figure it out. Anyone got a site that can tell me what the rates are like at Incheon, or should I just assume they will be what is stated on the KEB website? |
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D.D.
Joined: 29 May 2008
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| Posted: Mon Dec 22, 2008 7:52 pm Post subject: |
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| as stated before but u.s dollars and exchange them in thailand. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon Dec 22, 2008 8:08 pm Post subject: |
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| losing_touch wrote: |
I have been wondering about this as well. I am leaving on Saturday morning for Thailand. This forum has me convinced that I should not rely on my ATM card for cash. It sure would suck to be stuck in Thailand without any money. Korean TC's seem to be problematic.
So, I am going at it the old fashioned way, cold, hard cash. Now, I have some options:
1 - Exchange my won for dollars at Incheon
2 - Exchange my won for baht an Incheon
3 - Exchange my won for baht in Bangkok - Carrying that much won wouldn't be fun, so I will skip this option.
I will do some math tonight to figure it out. Anyone got a site that can tell me what the rates are like at Incheon, or should I just assume they will be what is stated on the KEB website? |
TAKE DOLLARS. The differences in the exchanges is negligible on the amount you are talking about.
Exchange won to dollars here ($100s). You can put a lot of cash in a small space. $1000 is only 10 notes.
Exchange dollars to baht in Thailand. You get a fistfill of small bills for $100.
DO NOT TAKE WON OUT OF KOREA. they are difficult to exchange and you get a really poor rate of exchange on them when you do finally find a money changer who will take them. |
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Jeff's Cigarettes
Joined: 27 Mar 2007
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| Posted: Mon Dec 22, 2008 9:45 pm Post subject: |
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Should really be a no-brainer, aye? SK-won =  |
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oldfatfarang
Joined: 19 May 2005
Location: On the road to somewhere.
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| Posted: Mon Dec 22, 2008 10:58 pm Post subject: |
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A word of caution. Don't take all your money to Thailand as cash. If you get robbed - what do you do?????
It's better to take a mix of USD in cash and American Express travellers' cheques. You can buy American Express trav. chqs. at any bank outlet at Incheon Intl. Airport - and they'll be honored anywhere in Thailand.
I wouldn't take a credit card to Thailand - it's not worth the hassle - if you're robbed.
Travelling with a mix of cash and trav. chqs. is convenient and safe for a short-stay vacation. Cash Only is very risky. On my last Thai vacation the hotel owner 'fixed' my room safe (while I was away) and stole $2,000 cash. What a dummy I was for holding all that cash - but at least I had my trav. chqs. to fall back on.
Chok dee |
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losing_touch
Joined: 26 Jun 2008
Location: Ulsan - I think!
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| Posted: Tue Dec 23, 2008 3:56 am Post subject: |
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| oldfatfarang wrote: |
A word of caution. Don't take all your money to Thailand as cash. If you get robbed - what do you do?????
It's better to take a mix of USD in cash and American Express travellers' cheques. You can buy American Express trav. chqs. at any bank outlet at Incheon Intl. Airport - and they'll be honored anywhere in Thailand.
I wouldn't take a credit card to Thailand - it's not worth the hassle - if you're robbed.
Travelling with a mix of cash and trav. chqs. is convenient and safe for a short-stay vacation. Cash Only is very risky. On my last Thai vacation the hotel owner 'fixed' my room safe (while I was away) and stole $2,000 cash. What a dummy I was for holding all that cash - but at least I had my trav. chqs. to fall back on.
Chok dee |
Khap khun mak khap. Mai pen rai na khap. I will put the cash in my bank account in Thailand as soon as I can. I can do this at the ATM, so no worries. Between my wife and I, we have 4 bank accounts in Thailand. I don't think I would feel all that comfortable with that much cash on me for an extended period of time. |
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Xuanzang
Joined: 10 Apr 2007
Location: Sadang
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| Posted: Tue Dec 23, 2008 4:23 am Post subject: |
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| oldfatfarang wrote: |
A word of caution. Don't take all your money to Thailand as cash. If you get robbed - what do you do?????
It's better to take a mix of USD in cash and American Express travellers' cheques. You can buy American Express trav. chqs. at any bank outlet at Incheon Intl. Airport - and they'll be honored anywhere in Thailand.
I wouldn't take a credit card to Thailand - it's not worth the hassle - if you're robbed.
Travelling with a mix of cash and trav. chqs. is convenient and safe for a short-stay vacation. Cash Only is very risky. On my last Thai vacation the hotel owner 'fixed' my room safe (while I was away) and stole $2,000 cash. What a dummy I was for holding all that cash - but at least I had my trav. chqs. to fall back on.
Chok dee |
Where was this and what resort? So that I can avoid it when I go there shortly. |
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oldfatfarang
Joined: 19 May 2005
Location: On the road to somewhere.
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| Posted: Tue Dec 23, 2008 3:25 pm Post subject: |
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Not a resort, just a mid-range hotel in Pattaya: Chokdee Inn, Soi Bukhau, Pattaya.
I've stayed there for many years - and really enjoyed it. The Dutch guy owner was married to a Thai lady - and they ran it well (Euro standards). But, same old story, they separated and she kicked him out - she moved her family in - and before I knew it - the Eruo customers had left and she'd filled it with non-paying family and Thais.
Sadly, all down hill from there - and I guess they stole my money to try and keep the hotel going over the off season. Damm shame. I've lived there for months at a time, and now I have to find another home-away-from-home.
Happy holidays. |
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Xuanzang
Joined: 10 Apr 2007
Location: Sadang
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| Posted: Thu Dec 25, 2008 6:55 am Post subject: |
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| oldfatfarang wrote: |
A word of caution. Don't take all your money to Thailand as cash. If you get robbed - what do you do?????
It's better to take a mix of USD in cash and American Express travellers' cheques. You can buy American Express trav. chqs. at any bank outlet at Incheon Intl. Airport - and they'll be honored anywhere in Thailand.
I wouldn't take a credit card to Thailand - it's not worth the hassle - if you're robbed.
Travelling with a mix of cash and trav. chqs. is convenient and safe for a short-stay vacation. Cash Only is very risky. On my last Thai vacation the hotel owner 'fixed' my room safe (while I was away) and stole $2,000 cash. What a dummy I was for holding all that cash - but at least I had my trav. chqs. to fall back on.
Chok dee |
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