We Always Go to This Money Exchange Place 💰 in Myeongdong Seoul 🇰🇷
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This video is about the Best Money Exchange Area in Myeongdong Seoul.
If you're looking for a hotel/hostel, checkout Philstay Myeongdong, Our home for this trip. Conveniently located within Myeongdong shopping street. Request the corner room facing NSeoul Tower to get a really nice view. We enjoyed our stay here.
You can check it out here at Agoda.com: http://rcl.ink/bna
Check out my video/vlogging gear here: http://rcl.ink/w1x
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BEST MONEY CHANGER IN SEOUL
(Includes a phone screen video capture to show you where it is exactly)
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We've been to Korea a couple times and we always look at exchange rates around different areas in Seoul and we always end up at this one spot in front of the Chinese Embassy in Myeongdong. They have the best forex rates based based on we've seen so far.
***Travel Tip: Forex comparisons are more accurately done on a weekend because the forex markets are closed so the rates are fixed for Saturday and Sunday so they don't fluctuate.
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BEST PRACTICES:
1. The Exchange Rate at the Airport is really high, so either bring enough Korean Won or exchange what you need at the Airport until you reach the city.
For info on transportation from Airport to Seoul - watch this video: https://youtu.be/4jbb0jqDnNY
2. Always bring your passport with you. It's required when exchanging money.
3. Forex Rates are different depending on the bills. For example - larger bills like $100s and $50s have better rates compared to $20s and $20s
4. There is an abundance of money exchange places in Seoul so don't worry about running out of cash.
5. We don't commit to just one place, we just walk through the area and scout for the best rate and just pick the lowest.
6. Always count your money in near the counter to avoid disputes.
7. Familiarize yourself with Korean currency even before your trip. It'll help you count and also make purchase transactions faster.
8. In case you don't have or don't want to bring a lot of cash - Seoul is Credit Card friendly so you can easily use it almost everywhere, even at convenience stores. (Although it's always best to have 2 - 3 card options if one terminal doesn't accept your card).
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HOW TO GET TO THE MONEY EXCHANGE AREA IN FRONT OF THE CHINESE EMBASSY
1. Your GPS is your best friend. Use it to the fullest
2. It's the street Across Lotte Young Plaza. Find the Tourist Police Booth and you'll see the small street where Starbucks is at currently. You'll see a lot of Forex Signs there. That's where you want to go.
3. If you're coming from the other side, just look for the KT Myeongdong building.
4. Just look for Myeongdong 2-gil. That's the exact street area, but it's in between two Namdaemun - ro (ro means diverging streets)
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Thanks for watching! Some of the links here are affiliate links from brands we personally use (without any added cost to you). We appreciate you using them. It'll help us create more and better content.
Follow us on Instagram: We post daily Korea things there! https://www.instagram.com/thekklifevlog/
If you're looking for a hotel/hostel, checkout Philstay Myeongdong, Our home for this trip. Conveniently located within Myeongdong shopping street. Request the corner room facing NSeoul Tower to get a really nice view. We enjoyed our stay here.
You can check it out here at Agoda.com: http://rcl.ink/bna
Check out my video/vlogging gear here: http://rcl.ink/w1x
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
BEST MONEY CHANGER IN SEOUL
(Includes a phone screen video capture to show you where it is exactly)
----
We've been to Korea a couple times and we always look at exchange rates around different areas in Seoul and we always end up at this one spot in front of the Chinese Embassy in Myeongdong. They have the best forex rates based based on we've seen so far.
***Travel Tip: Forex comparisons are more accurately done on a weekend because the forex markets are closed so the rates are fixed for Saturday and Sunday so they don't fluctuate.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
BEST PRACTICES:
1. The Exchange Rate at the Airport is really high, so either bring enough Korean Won or exchange what you need at the Airport until you reach the city.
For info on transportation from Airport to Seoul - watch this video: https://youtu.be/4jbb0jqDnNY
2. Always bring your passport with you. It's required when exchanging money.
3. Forex Rates are different depending on the bills. For example - larger bills like $100s and $50s have better rates compared to $20s and $20s
4. There is an abundance of money exchange places in Seoul so don't worry about running out of cash.
5. We don't commit to just one place, we just walk through the area and scout for the best rate and just pick the lowest.
6. Always count your money in near the counter to avoid disputes.
7. Familiarize yourself with Korean currency even before your trip. It'll help you count and also make purchase transactions faster.
8. In case you don't have or don't want to bring a lot of cash - Seoul is Credit Card friendly so you can easily use it almost everywhere, even at convenience stores. (Although it's always best to have 2 - 3 card options if one terminal doesn't accept your card).
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HOW TO GET TO THE MONEY EXCHANGE AREA IN FRONT OF THE CHINESE EMBASSY
1. Your GPS is your best friend. Use it to the fullest
2. It's the street Across Lotte Young Plaza. Find the Tourist Police Booth and you'll see the small street where Starbucks is at currently. You'll see a lot of Forex Signs there. That's where you want to go.
3. If you're coming from the other side, just look for the KT Myeongdong building.
4. Just look for Myeongdong 2-gil. That's the exact street area, but it's in between two Namdaemun - ro (ro means diverging streets)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Thanks for watching! Some of the links here are affiliate links from brands we personally use (without any added cost to you). We appreciate you using them. It'll help us create more and better content.
Follow us on Instagram: We post daily Korea things there! https://www.instagram.com/thekklifevlog/
