Buy South Korean Won Always at the Best Rate

Get your currency fast 💸 Buy KRW with AUD in-store or online.

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Exchange Rate
Service Fee
South Korea Won

Rates & fees are the same in-store and online

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Australian Dollar
KRW
6 results found - Results rounded down to nearest available denomination
  • 891.9090
  • 121.71 AUD
  • $2,000 AUD
  • Best Price
  • 850.9000
  • 20.00 AUD
  • $1,983 AUD
  • $17 less
  • 833.8457
  • 0.00 AUD
  • $2,003 AUD
  • $3 more expensive
  • 791.8692
  • 0.00 AUD
  • $2,109 AUD
  • $109 more expensive
  • 776.1250
  • 0.00 AUD
  • $2,152 AUD
  • $152 more expensive
  • 761.1163
  • 0.00 AUD
  • $2,194 AUD
  • $194 more expensive

How to buy South Korean Won

Go In Store

Get your currency straight away

Pay in cash

Available in Sydney and Melbourne only

Store Collection

Pay ahead of time

Ready in less than a week. Then pick it up when it suits you.

Available in NSW, VIC, QLD, WA & SA

Secure Delivery

StarTrack delivery by Australia Post

Sent to your local Post Office if you aren't home

Available Australia wide

Buying South Korean Won in Australia

Where is the best place to buy Korean Won in Australia?

If you like the reassurance of having the local currency readily available from the moment you step off the plane, you have three options to pick up the cash before you go:

  • Buy the currency online and either collect it in-store or have it delivered to you.
  • Collect from a currency exchange store.
  • Most expensively, buy the currency at the airport.

Online money changers like S Money are often an easy and cheap way to buy foreign exchange online but it may not necessary be as quick as walking into a store. Companies like Travelex also offer a money exchange online but it takes between two and five business days before the currency is ready for pick-up or delivery so you need to be organised!

Alternatively, buying your currency in-store can be a good option but it all depends on where you go. The money changers in the centre of the main cities like Sydney or Melbourne tend to be more competitive than smaller stores in the suburbs.

Only change money at the airport as a last resort. The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck.

Learn more: The Best Places to Buy Korean Won in Australia

 

How can you buy Korean Won at the best rate?

The key to finding the best deal is to compare your options to buy foreign currency in cash. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees.

Here are 5 top ways currently available in Australia

  1. Online - If you are looking to buy some Thai baht in cash, you can now do it online. It's similar to buying anything else online but you will need some ID on hand. Online money changers, like S Money, have the best exchange rates. Most will either deliver it to your home or allow click and collect.
  2. In-store -  this is one of the best ways to get your currency fast. Just locate a store near you and bring your ID. It's a good idea to call ahead to check their rates and to make sure they have enough baht in stock.
  3. Overseas - Sometimes it can actually be cheaper to buy your Thai baht abroad. In Bangkok for example, they have very competitive money changers if you are willing to go out of your way to find them.
  4. International money transfers - If you are sending money from Australia to Thai baht, using a money transfer service like Wise or OFX is a great way to convert your currency. These online services are a much cheaper option than using an Australian bank.
  5. Travel money cards - These cards used to have terrible exchange rates and a heaps of hidden fees. While this is still the case with most bank travel cards, there are much better options available. These include Revolut, Wise and the 28 Degrees card.

About South Korean Won

Country South Korea
Official Currency Korean Won
Currency Code
Currency Symbol KRW
Banknote Denominations 1,000, 5,000, 10,000 and 50,000
Coin Denominations 1, 5, 10, 50, 100 and 500
In Stock Yes
Current Rate 891.909

 

What Currency is Used in South Korea?

The currency for South Korea is the South Korean Won while the currency code is KRW and the currency symbol is ₩. 1 South Korean Won is divided into 100 jeon; although the jeon is no longer used for regular transactions.

In South Korea, there are 1, 5, 10, 50, 100 and 500 won coins and 1,000, 5,000, 10,000 and 50,000 won bills.

 

More Frequently Asked Questions

[ultimate-faqs include_category=”{most-common}”]

Fees and Charges

Service Fee

The Service Fee depends on the currency and amount you order.

Delivery

$28 flat fee for secure delivery to your door with StarTrack by Australia Post.

Express Pickup

In-store transactions are subject to a $5 fee.

5 Everyday Things You’ll Need South Korean Won Cash for

cash is preferred sign

If you are heading overseas, it's handy to carry some South Korean Won cash with you along with your debit, credit or travel card. Here are 5 common things you may need cash for:

  1. Tipping - Having small denominations of banknotes makes it so much easier to show your appreciation.
  2. If your card doesn't work - If your card gets frozen by your bank while you are overseas, having some cash on hand to get you through a few days until the problem is fixed is always handy.
  3. Markets -  One of the best local experiences is heading down to a market. A lot of vendors will have card facilities but many will only accept cash.
  4. Tours - A great way to see a new city is to take a tour. Some of these "Free" walking tours still rely on a cash tip at the end of the day.
  5. Cash only - Some shops and venues just aren't set up for cards. This could be anything from the local ice cream truck, a local bus or even a toilet!

Travel Money Tips to Get You Through Your Next Trip

Millions of travellers head to South Korea each year. Sadly, many waste their money on unnecessary foreign currency conversion. So here are a few practical tips to help you get the most bang for your buck:

  1. Avoid the airports! Currency exchange bureaux at the airport charge epic fees. If you like a good deal – or even just a reasonable one – avoid these at all costs.
  2. Only carry what you need – It can be expensive to change KRWs back into AUDs so only take what you think you will spend. Not only this – nobody likes to tuck wads of notes into their socks and toiletries for safekeeping on longer journeys.
  3. Ask for a mix of denominations – It’s always hard to get rid of those pesky 50,000 KRW bills, so try to get a mix of 10,000 and 5,000 KRW notes.
  4. Check your exchange rate – Google and XE.com are the standard market exchange rate but you’ll notice how wildly bank and currency exchanges can vary their rates. Try to get as close to the market rate as possible.
  5. Look out for hidden fees – The bane of our (financial) existence, hidden fees will often make a huge difference to the cost of your holiday. Be particularly wary of hidden bank fees for overseas card usage.
  6. The right card makes all the difference – Having a card is convenient but it can take a hit to the bank account if you have the wrong card. Research and arm yourself with the best card for travel for big savings.
  7. Mix it up! Many travellers only use their credit card while some only think about cash. But the best option depends on your situation. Save the card for huge purchases such as hotels and car hire and reserve your cash for smaller wins – transport, attractions, or meals out.
Tips and Hints to get the most US currency on your holiday or trip to the US.
Updated: Posted on