Exchange Foreign Currency into KRW
Category | Limit | Key information |
---|---|---|
Resident | No limit for the amounts |
|
Non-resident | Less than USD 20,000 (no report) |
|
- Foreign currency left after the overseas travel can be changed to KRW or deposited to the foreign currency deposit.
- As the foreign currency coin is discounted more than 50% in Korea, it is wise to use all coins during the overseas travel or at the airport, or keep it for the next overseas trip.
(As the coin causes expensive storage and transportation expenses, it is purchased at a discounted price.)