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What currency does Korea use?

Quick answer2026
Summary

South Korea uses the Korean won (KRW, ₩). Rough mental math: ₩1,000 ≈ $0.70–0.

✍️ By the KoreaPlus Editorial Team🔄 Updated 2026-07-02✓ Fact-checked for 2026

South Korea uses the Korean won (KRW, ₩). Rough mental math: ₩1,000 ≈ $0.70–0.80 USD. Credit cards are accepted almost everywhere; carry ₩50,000–100,000 in cash for markets and street food.

Use our live currency converter to check today's rate, and withdraw won from "Global ATM" machines found in convenience stores and banks.

🙋 People also ask

Should I exchange money before arriving or in Korea?

Exchange a small buffer at home, but you'll get better rates in Korea. Myeongdong's licensed street booths in Seoul (around Euljiro/Myeongdong station) consistently beat airport counters and banks. Alternatively, withdraw ₩ from Woori or KB ATMs marked 'Global', which accept foreign cards.

Can I use my foreign credit card everywhere in Korea?

Almost everywhere. Visa and Mastercard work at shops, restaurants, taxis, and subway gates via tap. Amex is hit-or-miss, and tiny market stalls or street-food vendors are cash-only. Many places now accept Apple Pay and contactless, so tap-to-pay is widely usable.

How much does a typical meal or coffee cost in Korea?

Budget around ₩8,000–12,000 for a bowl of kimchi jjigae or bibimbap at a casual restaurant, ₩4,000–6,000 for an Americano at a cafe, and ₩6,000–7,000 for street snacks like tteokbokki or hotteok. A convenience-store meal runs under ₩5,000.

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