Compare Exchange Rates to Buy South Korean Won (KRW)
Because every company has different rates to buy South Korean Won (KRW) with AUD, finding the best deal can be a minefield. We bring together all the options, highlight the fees and rates for each money exchange, and show you the best possible deals.
Where to buy South Korea won in Australia?
You can buy South Korea won (KRW) from a few places in Australia that offer currency exchange. It is a rarer currency to exchange to Australian dollars. Places you can make cash transactions and buy South Korean won include online, in-store at money exchangers, banks, Australia Post and the airport.
To find out exactly where you can buy South Korean won, you can use our handy city and suburb guides, just click on the links below:
What is the currency of South Korea?
Won is the currency used in South Korea and is represented by the symbol ₩.
Notes: ₩1,000, ₩5,000, ₩10,000 and ₩50,000
Coins: ₩1, ₩5, ₩10, ₩50, ₩100 and ₩500
South Korea banknotes have different colours. ₩1,000 is blue purple, ₩5,000 is orange, ₩10,000 is green and ₩50,000 is yellow.
What is the best way to pay in South Korea?
Credit cards and debit cards are accepted in the big cities within South Korea. While cash is preferred outside the big cities, even for hotels. It is best to take notes for tipping, travel and smaller expenses.
How do I get the best exchange rate for the South Korean won?
Get the best exchange rate for South Korean won in Australia with our rate tracker. It keeps track of the KRW to AUD or AUD to KRW exchange rate and emails you when the exchange rate gets to the rate yourchose to buy South Korean won.
The krw to aud exchange rate average is close to 0.0011, over the past 10 years. The high was 0.0013 in early 2020 and the low was 0.0008 in early 2012. Currently it's 0.00117, so ₩10,000 could buy you $11 at the best exchange rate.
The aud to krw exchange rate average is close to 848, over the past 10 years. The high was 1,214 in early 2012 and the low was 721 in early 2020. Currently it's 853, so $100 could buy you ₩85,300 at the best exchange rate.
How to buy South Korean won in Australia for travel money?
Buying South Korean won in Australia is relatively easy.
- Take your valid photo id (driver’s license or passport) with you to the currency exchange outlet.
- Bring your preferred payment method. Most places accept cash, debit card and credit card to pay for your South Korean won.
- Ask for the South Korean won amount and the currency exchange will let you know how much Australian dollars you need to pay.
- Make your payment in Aussie dollars and receive your South Korean wons.
Why should I choose The Currency Shop?
Many people are not aware of the true cost of transferring money. But it is pretty standard to lose up to 8% of your money each time you transfer money internationally, depending on your method. We think this is far too much. That’s why we help you find the best way to transfer your money and avoid those costly hidden fees and charges. And it works. On average, we save our customers $4,000 each year.
How does it work?
It’s pretty simple. Whether you need travel money or would like to transfer money overseas we just need a little info to point you in the right direction. First, you tell us what you are looking for then we compare hundreds of providers to find the best deal for your current situation. We’ll highlight all the available options and recommend the best one for you. You can then decide which option you prefer, and click through to their site to secure the deal.
Is it safe?
Yes. The Currency Shop holds an Australian Financial Services Licence (462269) and is a member of the Financial Ombudsman Service. We closely vet our providers and only partner with the largest, safest and most trusted money transfer companies in the world. That just makes sense.
What does it cost?
The Currency Shop does not charge you. Instead, we receive a referral fee from the banks and money transfer companies that we are partnered with. This does not affect the price you pay.
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