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stevemcgarrett
Joined: 24 Mar 2006
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 Posted: Thu May 31, 2007 10:07 pm Post subject: CONVERTING WON TO RMB: NOW OR LATER IN CHINA? |
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Is it more cost effective to convert Korean won to Chinese renminbi before traveling outside Korea to China
OR
to convert Korean won to USD than back to Chinese RMB in China?
My hunch is that the former is true.
Note: The PRC still does not have a convertible currency.
Any input will be much appreciated. |
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oni
Joined: 15 Jun 2004
Location: Seoul
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| Posted: Fri Jun 01, 2007 4:38 am Post subject: |
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Yep do the first I learnt the hard way that Korean won is useless outside in Korea.
You'll lose more money if u change twice. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Fri Jun 01, 2007 4:41 am Post subject: Re: CONVERTING WON TO RMB: NOW OR LATER IN CHINA? |
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| stevemcgarrett wrote: |
Is it more cost effective to convert Korean won to Chinese renminbi before traveling outside Korea to China
OR
to convert Korean won to USD than back to Chinese RMB in China?
My hunch is that the former is true.
Note: The PRC still does not have a convertible currency.
Any input will be much appreciated. |
Convert your won to RMB here. You can take extra US$ for your reserve/backup as well as your VISA/MC credit card.
It is almost impossible to get a decent forex rate converting WON outside of Korea. |
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endo
Joined: 14 Mar 2004
Location: Seoul...my home
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| Posted: Sat Jun 02, 2007 9:02 am Post subject: |
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Again, why do yu gotta put all your thread titles in caps?
And your two threads on this board don't even have crafty titles. You're pathetic! |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Sat Jun 02, 2007 5:29 pm Post subject: |
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| endo wrote: |
Again, why do yu gotta put all your thread titles in caps?
And your two threads on this board don't even have crafty titles. You're pathetic! |
Excuse me... FLAMERS should stay in the OFF-TOPIC or CURRENT EVENTS forums where you belong.
In here we are polite and helpful. |
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stevemcgarrett
Joined: 24 Mar 2006
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| Posted: Sat Jun 02, 2007 7:30 pm Post subject: |
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oni:
I hear you. Thanks.
---------------------------------
Endo can't help himself--all those magic mushrooms have made him develop an obsession with me.
Tip to endo: get a life. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Sat Jun 02, 2007 8:10 pm Post subject: |
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| stevemcgarrett wrote: |
oni:
I hear you. Thanks.
---------------------------------
Endo can't help himself--all those magic mushrooms have made him develop an obsession with me.
Tip to endo: get a life. |
TIP TO STEVE: see post above yours. |
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chest rockwell
Joined: 16 May 2005
Location: Sanbon
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| Posted: Sun Jun 03, 2007 4:31 am Post subject: |
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| Yes. Do the first. I found out the hard way as well by losing nearly a grand converting my won back in NZ. Crap I tell yee! |
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endo
Joined: 14 Mar 2004
Location: Seoul...my home
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| Posted: Sun Jun 03, 2007 11:36 pm Post subject: |
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| ttompatz wrote: |
| endo wrote: |
Again, why do yu gotta put all your thread titles in caps?
And your two threads on this board don't even have crafty titles. You're pathetic! |
Excuse me... FLAMERS should stay in the OFF-TOPIC or CURRENT EVENTS forums where you belong.
In here we are polite and helpful. |
Give me a break.
At least on the Surrent Events forum Stevie attempts to be clever with his threa titles. So while it still annoys me, I'll give him some credit. Begrudgingly of course.
But his threads on this board are no where close to being clever. It's just a lame attempt to gain attention like a little child would do.
And I responed so I'm an idiot too. |
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tzechuk
Joined: 20 Dec 2004
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| Posted: Mon Jun 04, 2007 2:01 am Post subject: |
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Change to USD. Walk in a bank, see the guys hovering around who will offer to exchange your money for you - yup, they do it blatantly in front of the clerks in the bank - you will get a far better rate.
That's what we used to do. Not anymore though. We just use our international bank card and withdraw money! |
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crazy_arcade
Joined: 05 Nov 2006
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| Posted: Mon Jun 04, 2007 1:36 pm Post subject: |
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| tzechuk wrote: |
Change to USD. Walk in a bank, see the guys hovering around who will offer to exchange your money for you - yup, they do it blatantly in front of the clerks in the bank - you will get a far better rate.
Those guys who change the money, ask you to count it, then they count it again and scam some on their recount?
Never change money outside of an authorized institution.
That's what we used to do. Not anymore though. We just use our international bank card and withdraw money! |
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