Guide to Korean currency, payments, and prices for foreigners: Won, cards, and cash

How to live in Korea Currency, payments, pricesYou need a basic sense of. I will summarize some Korean money stories that are good for foreigners to know.

Korean money, won (₩)

Korean currency is Won (KRW, ₩)It is. The banknotes 1,000·5,000·10,000·50,000 won, the coin is 10, 50, 100, 500 wonThis is used. There are many large-scale transactions, so you often see 10,000 won or 50,000 won bills.

Card/easy payment paradise

Korea is Card and easy payment almost anywhereIt goes. Small shops, taxis, and street vendors often accept cards, so you can get by without carrying much cash. Overseas cards may not be accepted at some affiliated stores, so it is convenient to use a Korean card or simple payment method.

When you need cash

In traditional markets, some street stalls, restaurants, and religious facilities, cashThis is useful. Cash is Bank/convenience store ATMYou can find it here. If you have change (coins), it is convenient to use it to recharge transportation cards or make small payments at convenience stores.

Approximate sense of price

It varies depending on the region and location, but in general Convenience store coffee and triangle gimbap are cheap.And, a meal at a restaurant can range from snack food to a meat restaurant. Public transportation is relatively cheap. The exact price is always changing, so it is a good idea to compare directly and get a feel for the price based on your own standards.

Good to know

But I emphasize again There is no tipping culture in Korea. It's all included in the price list and menu. Your life will go smoothly if you prepare large amounts of money by credit card and small amounts of money by cash.

Spending in Korea is really convenient as long as you have a payment method. One card and a simple payment app are enough!