| View previous topic :: View next topic |
| Author |
Message |
essryn
Joined: 15 Nov 2007
|
 Posted: Tue Nov 27, 2007 10:47 pm Post subject: Money gurus: Should I exchange won at the bank or airport? |
 |
|
| Anyone know where the best rates for exchanging won to (NZ) dollars? Should I transfer it home through the bank, cash it at the airport or cash it at the bank? What gives me the best rate? |
|
| Back to top |
|
 |
poet13
Joined: 22 Jan 2006
Location: Just over there....throwing lemons.
|
| Posted: Tue Nov 27, 2007 10:56 pm Post subject: |
|
|
| When I went to the Philippines this summer, I exchanged some won here for pesos, and the same amount there there for pesos. I lost out on the exchange rate there. I exchanged about 300 dollars US in each airport, and the difference was about 10US less in the philippines. It seems the Philippines doesn't want to buy another currency, and in Korea they want to get rid of foreign currencies. |
|
| Back to top |
|
|
normalcyispasse
Joined: 27 Oct 2006
Location: Yeosu until the end of February WOOOOOOOO
|
| Posted: Tue Nov 27, 2007 11:03 pm Post subject: |
|
|
| Bank is pretty much always better. |
|
| Back to top |
|
|
poet13
Joined: 22 Jan 2006
Location: Just over there....throwing lemons.
|
| Posted: Tue Nov 27, 2007 11:08 pm Post subject: |
|
|
| Bank is probably better in some countries, but in the Philippines, the road side money changers beat everything... Don't know how that works in NZ though.... |
|
| Back to top |
|
|
NicRenee
Joined: 10 Apr 2007
Location: Seoul
|
| Posted: Tue Nov 27, 2007 11:10 pm Post subject: |
|
|
| Neither, (if possible) go to the money exchange stores in Itaewon or Namdaemun. |
|
| Back to top |
|
|
essryn
Joined: 15 Nov 2007
|
| Posted: Wed Nov 28, 2007 12:47 am Post subject: |
|
|
| money exchange stores ... where are they? |
|
| Back to top |
|
|
BRawk
Joined: 14 Oct 2007
|
| Posted: Wed Nov 28, 2007 3:56 am Post subject: |
|
|
| The money exchangers at the airport are the Korean banks, and they offer the same rates. |
|
| Back to top |
|
|
NicRenee
Joined: 10 Apr 2007
Location: Seoul
|
| Posted: Wed Nov 28, 2007 4:06 am Post subject: |
|
|
| They're all over in Itaewon and Namdaemun. The one I always go to is going straight out of exit 1 (I think - nearest the hamilton), then turn right down that first alley. It's there on the left, can't miss it. I go to that one because it's closest to the subway, but they're all around. |
|
| Back to top |
|
|
Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
|
| Posted: Wed Nov 28, 2007 7:51 am Post subject: |
|
|
| NicRenee wrote: |
| They're all over in Itaewon and Namdaemun. The one I always go to is going straight out of exit 1 (I think - nearest the hamilton), then turn right down that first alley. It's there on the left, can't miss it. I go to that one because it's closest to the subway, but they're all around. |
There are also 2 across the street from the National Medical Center at Dongdaemun Stadium station. |
|
| Back to top |
|
|
laura-and-ryan
Joined: 01 Sep 2007
Location: Bucheon, Orig from Ireland and Canada
|
| Posted: Wed Nov 28, 2007 5:50 pm Post subject: |
|
|
| Bibbitybop wrote: |
| NicRenee wrote: |
| They're all over in Itaewon and Namdaemun. The one I always go to is going straight out of exit 1 (I think - nearest the hamilton), then turn right down that first alley. It's there on the left, can't miss it. I go to that one because it's closest to the subway, but they're all around. |
There are also 2 across the street from the National Medical Center at Dongdaemun Stadium station. |
whats the difference between these and a bank? |
|
| Back to top |
|
|
victorology
Joined: 10 Sep 2007
|
| Posted: Wed Nov 28, 2007 6:49 pm Post subject: |
|
|
| BRawk wrote: |
| The money exchangers at the airport are the Korean banks, and they offer the same rates. |
The money exchangers at the airport ARE Korean banks but they don't offer the same rates. The rates at the bank are better than at the airport. |
|
| Back to top |
|
|
jeffkim1972
Joined: 10 Jan 2007
Location: Mokpo
|
| Posted: Thu Nov 29, 2007 4:09 am Post subject: |
|
|
you really have to shop around for the best rate, but they change daily.
My Chase bank in the US is a complete rip-off, they charge a 15% commission on all money exchanges. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
