The cultural heart of the East
South Korea is everything from the cutting-edge of technology to the most traditional of fishing methods – all you need is someone to guide your way and some Won to pay.
Like most, you’ll probably start your journey in the hustle and bustle of Seoul, a city that wouldn’t know night from day if it wasn’t for the sun. You’ll find the greatest shopping, dining, clubs and bars, markets and everything else required to make a 24-hour party city complete. Outside of the city, you’ll find snow-capped mountains and snowfall that’ll put Europe to shame. Little wonder South Korea was chosen for the 2018 Winter Olympics. If you’re after a real glimpse into Eastern culture, the coastal town of Gyeongju is for you. This coastal kingdom is home to cultural and historical attractions, headlined by the UNSESCO World Heritage listed Bulguk-sa Temple. All you need to do is swap your Aussie dollars for South Korean won and you'll be on your way!
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Pick up locally
With over 140 convenient store locations across Australia, you can securely pick up your South Korean won with no hassles.
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Coins and notes
Coins in South Korea range through ₩1, ₩5, ₩10, ₩50, ₩100 and ₩500, before the banknotes take over. They’ll each buy you ₩1,000, ₩5,000, ₩10,000 and ₩50,000 worth of things. The won is one of the only currencies in the world where the smallest distributed unit of currency is 50,000x smaller than the largest.
Facts about the currency
- One tip: Make sure you declare anything above KRW 8,000,000 (or USD $10,000 total across any other currencies).
- You might not see it on your trip, but officially one ‘won’ is worth 100 ‘jeon’ – but given that would be such an outrageously small unit of currency, it’s very seldom mentioned (just like the word ‘seldom’).
- For a while the South Korean won was pegged to the US Dollar at 15 won per dollar, but on the right day a US dollar is now worth over 1,000 won!
- Changes made to South Korean banknotes in 2006 made them far tougher to counterfeit – the ₩50,000 note boasts a colossal 22 security features.