Cash in Korea: Best Exchange Spots (Myeong-dong) & ATM Withdrawal Guide
While South Korea is rapidly becoming a cashless society, you will still encounter charming traditional markets and mouth-watering street food stalls that only accept Cash (Korean Won, KRW) . Knowing where to get the best exchange rates and how to use local ATMs will save you both time and money. Here is your comprehensive 2026 guide to securing cash in Korea without the high fees. Whether you're buying a $2 street snack or a vintage treasure at a flea market, having cash on hand is a must. Here is how to handle your currency like a pro. 1. Where to Exchange Your Currency The amount of money that actually ends up in your wallet depends entirely on where you go. ① Myeong-dong: The "Holy Grail" of Exchange Rates If you want the absolute best rates in the country, head to Myeong-dong. Because dozens of private exchange offices compete here, their rates are significantly better than banks. Top Recommended Spots: Look for "Nana Exchange," "Money Box," or...