Dollars or euros to South Korea? [closed]

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Is Korean won a closed currency?

KRW \u2013 Korean WonKRW is considered to be a restricted currency, which implies an inherent limitation to the tradability of this currency. Fund transfers in this currency are not allowed outside of South Korea.

Are Dollars accepted in South Korea?

South Korean won is the only reliable currency in South Korea. Some places, especially in larger cities, will accept US dollars, but change will generally be given in won.

Should I exchange money before I travel to South Korea?

We recommend that you bring your home currency to Korea and exchange just a little to won at the airport (just enough for transportation costs from the airport to the hotel and then to the currency exchange). The ones in Myeongdong and Dongdaemun are the best place to exchange your currency in Korea.

Does Korea use euro?

The Euro (EUR) is North Korea's 'default' foreign currency and is the ideal currency for souvenir purchases and optional entry fees such as performance tickets. Most souvenirs are ticketed in EUR and although they can always be converted into RMB or USD, it's best to pay in the ticketed currency for the best rate.

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Weak Euro falls to lowest in 20 years, hitting parity with US dollar | DW News

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