All You Need To Know About Korean Currency Rate And Money

May 19, 2023

Last Updated on: Aug 22, 2025

Travel Guides

For avid travelers and investors, the Korean currency rate can be a fascinating topic of discussion. Understanding the fluctuations of the won against other currencies can give insights into its economy.

Likewise, it could say much about Korea’s political developments and investors’ sentiment in the market.

This article will explore everything about the Korean currency rate. As such, we will cover the basic conversion rates to the impact of major events on the Korean economy.

History Of Korean Currency

South Korean currency has rich historical data that dates back to the early dynasties of Korea. It all started with the use of cowry shells and pearls as currency. As time passed, metal coins and paper money became popular.

The Japanese occupation of Korea introduced the Japanese yen as the official currency. Yet, in 1945, the Korean won was introduced and became the official currency.

Interestingly, the won was initially divided into 100 jeon, but the jeon was eliminated in 1960. The won has undergone many transformations to ensure price stability and economic growth. In modern times, the South Korean won is the official currency used in South Korea.

Today, the value of the South Korean won fluctuates with the global exchange rates. It’s one of the world’s top 20 currencies by value.

Current South Korean Won Exchange Rate

Knowing the latest exchange rate for the Korean won can be helpful in budgeting and forecasting your finances. As of January 2023, the exchange rate for Korean won is fluctuating depending on the global market and demand.

Below are some of the latest conversion rates:

  • 1 US dollar = 1,315.29 Korean won (USD to KRW)
  • 1 Australian dollar = 893.35 Korean won (AUD to KRW)
  • 1 Chinese yuan = 192.07 Korean won (CNY to KRW)
  • 1 Japanese yen = 9.90 Korean won (JPY to KRW)

However, exchange rates may vary depending on banks’ locations and policies.

Check exchange rates online through various currency converter websites to ease the currency conversion. Alternatively, download an exchange rate or currency calculator app. With these tools, you can convert your dollars to South Korean won (USD – KRW) or any other currency at the current rate.

Banknotes And Coins

Banknotes and coins in South Korea are not only used for daily transactions. Yet, they also hold significant cultural value. As such, these banknotes come in different denominations and colors.

For instance, the 1,000-won note features a Confucian scholar. Then, the 10,000 won note features Admiral Yi Sun-sin, known for his naval victories against Japan.

Meanwhile, the 50,000 won note features Shin Saimdang, a prominent female artist. Besides that, she was the mother of the famous Korean painter Yi I. These banknotes represent important historical figures and showcase various artistic designs.

Similarly, Korean coins are equally fascinating, with 10, 50, 100, and 500 won denominations. Each coin features a different symbol that holds cultural significance.

The 500-won coin features the portrait of King Sejong, who invented the Korean alphabet. Meanwhile, the 100-won coin features the image of a crane, symbolizing longevity and good fortune in Korean culture.

When visiting South Korea, carry some local currency as most stores prefer cash transactions. Foreign exchange markets are available in major cities, but it is crucial to know exchange fees as they vary.

Overall, banknotes and coins in South Korea hold monetary value and capture the country’s cultural heritage. Visit the Bank of Korea to learn more about their banknotes and coins.

Money-Handling And Etiquette

As with any country, knowing the cultural norms when handling money in South Korea is good. As such, for Koreans, money is not just a means but a representation of energy.

Below are some key points to note:

  • Cleanliness is crucial. Many Koreans believe money represents energy and keep their bills and coins as clean as possible. Hence, you will rarely see crumpled or dirty bills in circulation. Besides that, many Koreans carry cash and coins in wallets and change purses. For them, it is not just a convenient way to have cash but a way to keep it clean and maintain the money’s energy.
  • Respectful giving and receiving. When giving or receiving money, using both hands for respect is customary. This act is particularly true when exchanging money with older people or of a higher status than you.
  • No throwing or placing on the floor. Throwing money or putting it on the floor is considered disrespectful. If you drop a coin or bill, pick it up immediately. Likewise, people usually place money on a designated tray or hand it directly to the receiver.
  • Cash vs. Card. Credit cards are widely accepted in Korea. Yet, having some Korean won for small transactions or in areas that only accept cash is always good.

Keep this Korean currency rate information. Doing so will allow you to navigate financial transactions in South Korea with ease and respect for the country’s cultural norms.

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Abdul Aziz Mondol is a professional blogger who is having a colossal interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, he loves to share content related to business, finance, technology, and the gaming niche.

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READ MORE can you bring cologne on a plane

Can You Bring Cologne On A Plane? – Let’s Find Out!

BY  sagnika Jun 26, 2023

Have you recently traveled via airplane? Do you want to know can you bring cologne on a plane? This article will list the rules the Transportation Security Administration (TSA) established regarding carrying perfume or cologne. You can read the rules and regulations of the TSA related to carrying Cologne on airplanes and the reasons for the specific restrictions. Staying aware of the information is important because cologne comes in different forms, such as aerosols, gels, and liquids. The facts related to carrying cologne are important because it is not just about bringing it for your personal use. At times, if you are holidaying or on a work trip, you can buy new cologne for yourself, family, and friends for gift purposes. It is because some cologne is specifically available in specific countries. Following these rules and regulations ensures that you will not face any issues while boarding or in the screening process. 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According to the TSA, you cannot carry more than 2 kg of gel or lotion or 2 L of liquid of the aggregate quantity of cologne in the checked baggage. Can The Cologne Be Used During The Flight? The rules for flying internationally and domestically are the same except if you travel domestically to New Zealand or Australia. New CT scanners in New Zealand and Australia make it easier for passengers to follow one rule of carrying 500 ml containers. The smaller container of 100 ml is only sometimes implemented in these countries overall, helping the passengers to follow the TSA rules. It also does not matter in which type of container you carry the perfume, be it glass, plastic, or metal. It is important to declare if you are returning to your home country while buying a lot of cologne or perfume from a foreign country for security and screening purposes. During the flight, perfume or cologne can be used. It is, however, necessary to remember not to spray on other passengers. So, It is better to apply the perfume in the bathroom. It is better to wait a bit in the bathroom so that the airplane can cycle out. You can also wipe your skin with a paper towel and water so it is not overpowering. It also saves you from the risk of catching fire in a crisis! Packaging Tips For Cologne In Plane Avoid any cologne-related issues, especially such as spillage leading to severe risks. As a traveler, you should be cautious and follow the rules and regulations established by the TSA. When packing a cologne or perfume bottle, you must put a lid on the bottle's nozzle. You can also put the fragrance bottle in a zip-lock bag and try to remove all air from the zip-lock bag. Put the cologne inside the zip-lock. In soft clothing, you must also cover or wrap the zip-lock bag with the fragrance bottle. Sealing the bottle or the cologne container in the checked baggage is important. 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Conclusion In the article, you have been made aware of the rules maintained by the TSA regarding cologne carrying on the plane. It also has information about the risks and how to be mindful. Let us know in the comments regarding your experience of carrying cologne on a plane. Read Also: Can You Bring A Razor On A Plane? Find The Answer Here! Can You Bring A Lighter On A Plane? Know It All Here! Avelo Airlines Reviews You Were Looking For!   Is Spirit Airlines Safe? Get Your Answer Here!

READ MORE Things To Do In Tahiti

Les Voyages: Top 7 Things To Do In Tahiti

BY  Ankita May 6, 2024

Tahiti is one of the French Polynesian countries, which is largely known as a paradise for the French people and the rest of the world. Hence, every year, thousands and thousands of tourists visit Tahiti to bathe in the warm sun near the sea. Not only that but brilliant seafood, which shows the meeting point of indigenous culture and French cuisine. So, if you are a vagabond like us and looking to find a new version of yourself, visiting Tahiti can be the solution for you. From warm beaches to hospitable people and brilliant nightlife, you get everything you want. Pack your bags, and let us sail to see the best landscape on the face of the earth. Things To Do In Tahiti Tahiti has many beautiful beaches and places to see, but you are not a Schrodinger’s cat and are available everywhere. 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READ MORE Great Barrier Island wildlife tours

Aotea Great Barrier Island Wildlife: The Ultimate Tours & Spotting Guide (New Zealand)

BY  Sibashree Nov 12, 2025

There are three instances I clearly remember from our trip to the Great Barrier Island, New Zealand. The best thing about the Great Barrier Island wildlife tours is that they begin even before you board the ferry.  Here, I will start with some fun moments we had while exploring the wildlife of Great Barrier Island, then gradually discuss the details. So, let’s examine the rugged, predator-free paradise in New Zealand's Hauraki Gulf.  My Great Barrier Island Wildlife Tours: Some Stories That Have Stayed With Me With around 60% of the Great Barrier Island being a conservation area, the Aotea Great Barrier Island in New Zealand shines with sustainability certificates and its commitment to preserving the indigenous flora and the rare and endemic fauna of the island.  1. The Biosecurity Check  We were about to board the ferry to the Great Barrier Island. The Auckland Regional Council and the Ministry for Primary Industries (MPI) people did thorough biosecurity checks of our bags, and we had to clean our boots. Thus, they make a visitor part of the island's conservation effort.  This check is mandatory, and this is the reason the pāteke and kākā are thriving on the island. 2. The Dark Sky Sanctuary And The Great Barrier Island Wildlife Tours  Great Barrier Island’s designation as a Dark Sky Sanctuary has enhanced the wildlife tour experiences. We went out to see the Milky Way at night, and we stood quietly and listened to the sound of silence.  Suddenly, we were startled by the more-pork cry of the Ruru birds. Also, we saw the black petrels or Tākoketai coming back to their burrows.  3. Did I See A Chevron Skink? Did I Not? See, Chevron Skink also feels like a mythical species. These nocturnal species are the masters of camouflage. So, honestly, we did not see them with our naked eyes.  However, we could listen to the squeaks and grunts of the Chevron Skinks. It was thrilling knowing that we were walking through their only habitat in the world, which is protected by sanctuaries like Glenfern.  Why Is Aotea Great Barrier Island A Paradise For Wildlife Tours?  Afar, a US-based travel media brand, has named Aotea Great Barrier Island one of the top 25 off-the-beaten-track destinations in the world.  Aotea, Great Barrier Island in the Hauraki Gulf, is a designated dark sky sanctuary. So, it is ideal for spotting and listening to the nocturnal birds and animals.  Furthermore, the Department of Conservation (DOC) maintains 60% conservation land on the Aotea Great Barrier Island. As a result, it is the island of Firsts" and "Lasts.” It means that the island has birds such as North Island kākā and pāteke (brown teal), which are found nowhere else in the world.  In addition, the "Predator-Free" Secret of the Island is truly special. In the absence of stoats, possums, weasels, or deer, the rare and endemic species here have been able to thrive.  Along with all these endeavors, the Great Barrier Island has been successful in community-led conservation efforts, maintaining biodiversity and species protection. Here are the details.  1. Aotea Great Barrier Island Environmental Trust “The principle activities of the Trust are in protecting, enhancing, developing and maintaining habitats for New Zealand native and endemic species on Aotea Great Barrier Island, with a particular focus on pest management…” Founded in 2002, this trust has been an advocate for conservation policies, has coordinated many conservation efforts, and earned funding for local conservation projects.  2. Aotea Conservation Park  The 2,000-hectare Aotea Conservation Park with walking tracks, DOC huts, and campsites makes the island an ideal destination for exploring the wildlife.  3. Marine Conservation  The Aotea Great Barrier Environmental Trust’s Tai Timu Tai Pari” or “Sea Change” initiative aims to protect the marine ecosystem of the Hauraki Gulf. Furthermore, the Department of Conservation (DOC) has proposed to build a large marine conservation area in the northeast corner of the island.  In addition, beach clean-ups and educational programs have been effective local endeavors to preserve the marine life of the island.  4. Biodiversity And Species Protection  The island is a critical nesting ground for the black petrels. The Department of Conservation takes care of the nesting ground.  Furthermore, around 60% of the pāteke population in New Zealand is present on the Great Barrier Island. These birds are frequently spotted in places such as Kaitoke Wetlands.  You can visit the Kaitoke Wetlands just before dusk. Park at the end of the road, walk the flat boardwalk, and wait quietly by the main pond. You will almost certainly see and hear the rare pāteke (brown teal) as they come out to feed. Chevron skink, 13 different types of lizards, banded rail, and North Island Kaka are some other native species that exist on the Great Barrier Island.  What Are The Must-See Wildlife Attractions On The Aotea Great Barrier Island In New Zealand?  The Glenfern Sanctuary, Aotea Track, Kaitoke Hot Springs, and the coastal areas are ideal for spotting the unique and rich wildlife of the Great Barrier Island, New Zealand.  1. The Pāteke (Brown Teal) Pāteke is one of the rarest ducks in the world. The Great Barrier Island is a stronghold for these ducks, and you will find them in the Kaitoke Wetlands.  The Department of Conservation and Predator Free NZ Trust are two important bodies taking care of the conservation efforts to protect these birds. Habitat management and predator control are two main elements of protecting the Pāteke birds.  Now, you understand why biosecurity is so crucial for these adorable ducks on the Great Barrier Island.  2. The Black Petrel (Takoketai) This seabird breeds only on the Great Barrier and Little Barrier islands. They nest in burrows high in the mountains. The Glenfern Sanctuary protects a key colony of these birds.  However, the main breeding colony on Aotea is at Mount Hobson/Hirakimata. According to the Department of Conservation, around 900-1000 pairs of birds stay there.  These birds are featured on the IUCN Red List as a vulnerable species. Furthermore, they are identified as “Nationally Vulnerable” in New Zealand.  Moreover, there has been a conservation monitoring going on since 1995 to assess the population of these birds and how they are declining.  3. The Chevron Skink (Niho Taniwha) This large, rare lizard is found only on the Great Barrier and Little Barrier. It is almost like a mythical animal, and spotting it is very unlikely.  However, they mostly stay in the Stream-side forests. It is listed as nationally vulnerable by the Threat Classification System of the Department of Conservation.  The sightings of these lizards are so important that DOC asks you to report to the local office or call at +64 9 429 0044 whenever you spot one.  4. The North Island Kākā It is a large, intelligent, and noisy native parrot. It is famous for the loud "screech" and "chatter. I saw a few of them high in the forest canopy along the Mt Hobson track.  The Glenfern Sanctuary is another spot where you will find these parrots. The Great Barrier Island is an important habitat for these birds as it offers a predator-free environment.  5. Dolphins And Marine Life Aotea’s location on the edge of the Hauraki Gulf Marine Park, the national park of the sea, makes it rich in marine life. The Hauraki Gulf and the Great Barrier Island were both formed due to massive volcanic activity at the end of the Ice Age.  In 1769, James Cook named the island because of how it protected the Hauraki Gulf.  The water of the Hauraki Gulf Marine Park has 22 species of marine mammals. Bottlenose and common dolphins are often seen from the ferry or playing in bays like Okupu (Blind Bay) and Whangaparapara Harbour. You may even spot Bryde's whales there.  Furthermore, seabirds are important members of the Marine Park. Black petrels are, of course, the most common among them.  Coastal camping is the best outdoor experience if you want to explore the marine life of the Great Barrier Island, New Zealand. Here are some popular coastal campsites.  Akapoua Bay Campsite Near Port Fitzroy, Ideal for Spotting Pohutukawa Trees and Fishing Awana Beach Campsite, Ideal for Surfers Harataonga Campsite, Great for Swimming and Snorkeling Medlands Beach Campsite, Surfing and Picnic Spot  The Green Campsite at Whangaparapara Harbour, Ideal for a Serene Walk and as a Secluded Retreat Whangapoua Campsite, a Popular Surf-Break.  A Guide To Aotea Great Barrier Island Wildlife Tours: Species, Sanctuaries, And Different Types Of Wildlife Tours  During the wildlife tours, our primary concern was how to spot native birds on Great Barrier Island. Little did we know that we would hear them before actually seeing them flapping their wings.  We heard the screeching call of kākā as we were hiking through the Mount Hobson Track. Then, we saw a cloud of birds passing over our heads.  Nevertheless, it’s not just about the birds. Aotea, Great Barrier Island in New Zealand, is home to endless endemic species.  1. Specialist Day Tours & Sanctuary Visits The Glenfern Sanctuary of the Great Barrier Island is a haven for the endangered and rare species. It is an 83-acre regional park, and it functions as the “gateway to the 240-hectare Kotuku Peninsula of the north-west coastline of the Great Barrier Island.” Furthermore, the Glenfern Sanctuary Trust is committed to the preservation of the endangered flora and fauna and their habitats as you walk through the 2km loop track through a native bush to spot the birds and native species.  The black petrels and the ancient Kauri trees are the biggest highlights of this tour. The sanctuary remains open 7 days a week and from sunrise to sunset.  Moreover, you must hike through the Sanctuary and Loop Track to explore nature, wildlife, and the unique culture of the Great Barrier Island.  Sanctuary And Loop Track The Glefern Loop Track is one of the easiest Great Barrier Island hiking tracks. Here, you will have to walk along the Aotea stream and through the remnants of an ancient native bush.  The bush is protected by the Queen Elizabeth II National Trust of New Zealand, and it is rich in bird life. So, here, you will spot black petrels, Kaka, and Pāteke.  You can contact the regional office at 09 4290 091 to know about the further details.  2. The All-Inclusive Multi-Day Guided Walk If you want a more immersive wildlife experience, you must choose the all-inclusive multi-day guided walks. MoaTours and Go Great Barrier Island Tourism are two such services taking care of your accommodation, food, expert guides, and transport.  They focus on the best tracks, like the Aotea Track, Mt Hobson, and Kaitoke Wetlands. Furthermore, the guides are flora and fauna experts. For example, you can try the “Let’s Go Wild,” “The Aotea Track” package of the Great Barrier Island. Two of the main highlights of this tour are the wetlands and the unique wildlife.  It is a 3-day hiking experience, and the charge per person (adults) will be $541 (Standard Route) or $596 (The Windy Canyon Route).  MoaTours, on the other hand, organizes a 5-day Great Barrier Island small group tour, covering areas such as the Medlands Beach and Tryphena Harbour. The charges will be   $4,390 NZD for solo travelers and $3,890 NZD for twin travelers.  3. Self-Guided Great Barrier Island Wildlife Tours  The self-guided tours to explore the wildlife of the Great Barrier Island are ideal for an independent traveler. For example, you can go for the Glefern Sanctuary self-guided walks and learn about the biodiversity of the sanctuary, its conservation efforts, and more.  You can contact Steve, the manager of the sanctuary, at 0210826670 to be a part of these tours.  Furthermore, you can create your own Great Barrier Island wildlife tours by planning a visit to the Kaitoke Wetlands, Mt Hobson (Hirakimata) Track, Medlands Beach & Onetangi, and Windy Canyon.  How To Spot Native Birds On Great Barrier Island? A DIY Guide For Wildlife Tours  I have already mentioned the Glefern Sanctuary self-guided walks. Along with that, you can visit any of these areas for a perfect wildlife exploration on the Great Barrier Island.  1. Kaitoke Wetlands The Glefern Sanctuary offers a guided tour to the Kaitoke Hot Springs, located on the Mount Hobson Track. You can access the track from the Whangaparapara Road.  Furthermore, you will find a series of geothermal pools on the Kaitoke Hot Springs track. This area, maintained by the Department of Conservation (DoC), is a treasure hub for native birds.  Here, we had to walk through an easy boardwalk and gravel road to encounter pāteke and spotless crakes. And thanks to the new Kai swing bridge here, the route has now become wheelchair and buggy accessible.  Even when we were swimming in the geothermal pools, we could listen to the calls of the pātekes.  2. Mt Hobson (Hirakimata) Track The Peach Tree Track to Mount Hobson is the best route for spotting native birds and the wildlife of the Great Barrier Island. The route passes through regenerating forests, and these forests are home to a lot of native bird species, such as: Kākā Tūī: Tomtit (Miromiro) North Island Robin (Pītoitoi) Black Petrel (Takoketai) You can spot these birds in the dense native bush. Also, you can see them in large numbers near the high slopes and close to the summit. In addition, the 360-degree view of the island is a bonus you will love to count on.  3. Medlands Beach & Onetangi Medlands Beach and Onetangi are famous for coastal and nearshore wildlife like the paradise shelducks and little blue penguins.  Furthermore, wekas are common in these locations, and these are chosen as the reintroduction programs of the North Island brown kiwi.  4. Windy Canyon On the Windy Canyon hiking route, you will find conservation centers such as the Kiwi Park Queenstown. Here, you will find native species such as tuatara and Kiwi.  Furthermore, throughout the route, you will listen to the buzzing cicadas.  The Best Tips For Spotting The Birds On The Great Barrier Island  Dawn and dusk are the best hours of the day for spotting birds on the Great Barrier Island. “Dawn Chorus” is a real experience on the Great Barrier Island.  Once you reach the spot, be patient and wait quietly, as patience is a virtue for bird watching.  Keep your ears open. You'll hear the tūī's "click-whirr-gurgle" and the kākā's "screech" before you see them. Going nocturnal is a great trick for watching the native birds of the Great Barrier Island. That is why being a Dark Sky Sanctuary is crucial for the Aotea Great Barrier Island.  Carry a red-light torch and be alert about the "more-pork" call of the Ruru to spot the birds in the dark.  Talk to the staff of the hotel or the owner of the homestay you are staying in. They will have the best local tips about birdwatching on the Great Barrier Island.  How To Plan The Great Barrier Island Wildlife Tours?  There are three main aspects of planning Great Barrier Island wildlife tours. 1. How To Reach The Great Barrier Island? You can take a Barrier Air flight from Auckland to reach the Great Barrier Island in 45 minutes. You can even take the SeaLink ferry and complete a journey of 4.5 hours to reach the Great Barrier Island.  2. How To Move Around The Great Barrier Island? Renting a car or a bike is the most convenient option to move around the island. Furthermore, kayaking is an excellent way to explore the bays, caves, and diverse marine life of the island.  3. What Is The Best Time To Visit The Great Barrier Island Wildlife? From September to November, or the spring season, is the ideal time to visit the wildlife of Great Barrier Island. This is the nesting season for most birds on the island.  So, these months are the best for listening to the chorus of the dawn and the dusk.  Being A Responsible Tourist To Protect The Wildlife Of The Great Barrier Island Biosecurity is the most important aspect of the Great Barrier Island wildlife tours. The wildlife of the island is thriving as it is maintained as a sanctuary. So, by cooperating with the biosecurity checks at the DoC-approved facilities and cleaning stations, we have to be a part of the conservation effort.  The 3C policy of the biosecurity checks on the Great Barrier Island is: Check Clean Check We have to check our bags, gear, and shoes for pests (rats, mice, insects) and seeds before they leave the mainland.  Your Great Barrier Adventure Awaits The Aotea Great Barrier Island is a nature lover’s dream, with every nook awaiting a surprise with the native birds and their playful chirps. Furthermore, the Glenfern Sanctuary, Mount Hobson Track, and the wetlands on the Great Barrier Island, New Zealand, are a stronghold for rare and endemic birds and animals.  So, the birds are calling. Are you ready to answer?