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SNOTOSEOUL
Joined: 12 Apr 2010
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 Posted: Thu Dec 16, 2010 8:04 pm Post subject: exchanging currencies |
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I am going to vietnam for a week. I heard it is best to have USD there and small bills work great since things are so cheap. I am wondering what is the best way to exchange my won into USD.
Should I exchange my money in korea, or bring won and exchange it in vietnam?
Also, will the banks in korea be able to give me a bunch of $10, $5, and $1 bills?
I plan on bringing about 700 dollars USD with me. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Thu Dec 16, 2010 8:57 pm Post subject: Re: exchanging currencies |
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| SNOTOSEOUL wrote: |
I am going to vietnam for a week. I heard it is best to have USD there and small bills work great since things are so cheap. I am wondering what is the best way to exchange my won into USD.
Should I exchange my money in korea, or bring won and exchange it in vietnam?
Also, will the banks in korea be able to give me a bunch of $10, $5, and $1 bills?
I plan on bringing about 700 dollars USD with me. |
This is pretty simple:
DO NOT TAKE WON OUT OF KOREA.
Buy dollars or dong here in Korea (dong at the airport).
Most banks should be able to give you $10, 20 and larger bills.
Your best exchange rates are on US$100 bills after you land (usually about 1/2% better than smaller denominations.
Get a pocket full of 10s and 20s for your 1st day and use larger bills for the rest (easier to carry as well).
. |
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megandadam
Joined: 28 Dec 2008
Location: toronto, canada
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| Posted: Sat Dec 18, 2010 12:30 am Post subject: |
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don't use anything bigger than a 20 in vietnam and even that is too big for most things.
when you're in vietnam, don't let them give you big denominations - you will get refused at most places... |
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richinlondon
Joined: 17 Oct 2008
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| Posted: Sat Dec 18, 2010 12:31 am Post subject: Re: exchanging currencies |
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| ttompatz wrote: |
This is pretty simple:
DO NOT TAKE WON OUT OF KOREA. . |
Second that.
I found it impossible to change won into dong at the banks in Vietnam.
Definately change before you go.
Ive got a coupon for 50% off currency exchange fees at KB Star if you PM me. Should save you 10,000 won on $700. |
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SNOTOSEOUL
Joined: 12 Apr 2010
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| Posted: Sat Dec 18, 2010 2:04 am Post subject: |
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| so i cant get $1 and $5 at banks in korea then? |
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richinlondon
Joined: 17 Oct 2008
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| Posted: Sat Dec 18, 2010 2:52 am Post subject: |
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| SNOTOSEOUL wrote: |
| so i cant get $1 and $5 at banks in korea then? |
You can get these smaller notes, and a fat stack of brand new $2 notes if your lucky too. |
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BrenSmith
Joined: 10 Sep 2009
Location: Bundang
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| Posted: Sat Dec 25, 2010 6:10 pm Post subject: Re: exchanging currencies |
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| richinlondon wrote: |
Ive got a coupon for 50% off currency exchange fees at KB Star if you PM me. Should save you 10,000 won on $700. |
Can I get in on that?  |
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