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Ed Provencher
Joined: 15 Oct 2006
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 Posted: Tue Jun 10, 2008 5:31 am Post subject: Where to exchange money? |
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| I have someone visiting me soon and he wants to know where the best place to exchange money is. I don't ever do that, so I don't know what to tell him. Any suggestions? Thanks. |
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KYC
Joined: 11 May 2006
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| Posted: Tue Jun 10, 2008 5:41 am Post subject: |
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dongdaemun, namdaemun, itaewon....
wherever you see "currency exchange"
OR you can try your local bank. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Tue Jun 10, 2008 7:05 am Post subject: Re: Where to exchange money? |
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| Ed Provencher wrote: |
| I have someone visiting me soon and he wants to know where the best place to exchange money is. I don't ever do that, so I don't know what to tell him. Any suggestions? Thanks. |
Buy the won IN KOREA. Don't buy won in his home country.
The rates at the currency exchange desks at the airport are the same as the banks in the city.
You can get a slightly better rate at the cash exchanges in the markets (about 0.5-1% better) but if you are making a special trip you will pay more in time and travel than you gain in the rate.
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