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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Luang Prabang Travel Guide: Why I Loved It? (Activities, Attractions, History, Itinerary, And More)

BY  Sibashree Oct 21, 2025

2022 had taken me to the less frequented Luang Prabang in Northern Laos. Now, thanks to the place I call home, I have heard many stories about the Mekong River, and it has always been on my bucket list.  So, a trip to Luang Prabang was a dream-come-true moment for me.  Three years passed by, and today, before writing this Luang Prabang travel guide, I was researching updates about this UNESCO World Heritage Site. I found out that in the Smart Travel Asia Best in Travel Poll 2025, it has been voted as one of the best vacation destinations in Asia.  Furthermore, it has won third place in the Destination Management category of the 2025 Green Destinations Top 100 Story Awards at ITB Berlin. It is a recognition of how Luang Prabang follows a sustainable tourism practice.  So, the Tour and Travel World data looks very convincing about the arrival of 3,061,928 international tourists to Luang Prabang in the first eight months of 2025, recording a 15 percent clear growth YoY.  Nevertheless, beyond the numbers and accolades, Luang Prabang remains in my heart as a beautiful story that I will share in this Tour and Travel Blog.  Luang Prabang Location And Geography: An Overview  Luang Prabang is on a peninsula at the confluence of the Mekong and Nam Khan rivers. It is designated as a UNESCO World Heritage Site for being an “outstanding example of the fusion of traditional architecture and Lao urban structures with those built by the European colonial authorities in the 19th and 20th centuries.” Here are the important geographical data and statistics about Luang Prabang.  Rivers• Nam Khan and MekongPopulation• 47378 (Source: World Population Review)Primary Ethnic Group• The Kmhmu or KhmuMountains• Phou Nang, Phou ThaoForests• Luang Prabang Montane Rain Forests EcoregionDry Season• November to AprilWet Season • May to OctoberAverage Annual Rainfall • 1,600 MM (Source: North-Vietnam.com)Average Humidity• 70% (Source: North-Vietnam.com)Waterfalls• Kuang Si, Phu Fa WaterfallNatural Vulnerabilities• Landslides• Floods• DraughtsSpecial Geographical Feature• Mount Phousi, a Central High Hill with an Altitude of 150 MetersArea• 16,875 Square KilometersNatural Vegetation• Oak• Beech• Dipterocarpus• Bamboo• Laurel How To Reach Luang Prabang? I took a flight to the Luang Prabang International Airport (LPQ) via Bangkok. You can also take a connecting flight from Singapore. As the main gateway to the town, LPQ gets flights from the Suvarnabhumi and Don Mueang airports in Bangkok, Siem Reap, Hanoi, and Chiang Mai. After reaching the airport, I took a tuk-tuk to reach the town center. It cost me around $5 per person.  What Is The History Of Luang Prabang?  The legends and stories about Luang Prabang never end, and I can attest to that. Every time I visited a Vietnamese coffee shop or talked to my homestay owner, a new story came up.  Here are the key facts about the history of Luang Prabang.  The archaeological evidences suggest that the history of inhabitation in Luang Prabang goes back to 8000 B.C.  The city was initially known as Muang Sua, and by 1357, it was renamed as Maung Xieng.  Further, in the 14th century, Luang Prabang was home to the first Lao Kingdom, Lane Xang, built by King Fa Ngum.  After the city got a new name, it received a Phra Bang, or a golden image of Lord Buddha, from the Khmer monarchy. Thus, it got its current name, Luang Prabang.  Luang Prabang served as the ancient capital of Lane Xang till 1560. After that, King Setthathirath shifted the capital to Vientiane. 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Kuang Si Falls I reached the Kuang Si Falls after visiting the Tat Kuang Si Bear Rescue Centre. The layered pools are the most amazing features of Kuang Si Falls.  After swimming in the pools, I took a walk along the bridge for stunning photos. The entry fee to Kuang Si Falls is around 60,000 KIP.  2. Mount Phousi Trekking to Mount Phousi was not as difficult as I thought. I wanted to take it a little slow and reach the top of Mount Phousi in less than an hour. The steps were not that steep.  The entry fee was 20,000 KIP, and it was almost sunset when I reached the Golden Stupa at the top of Mount Phousi. The red lights falling on the Golden Stupa looked magical, and the panoramic view was beautiful.  3. Royal Palace Museum Timing: 8 AM -11:30 AM and 1:30 PM to 4 PM The Royal Palace Museum stands as a testament to the opulence and royal grandeur of Laos in the pre-Communist era. Among the artefacts, the Phra Bang Buddha statue is the main attraction.  The former royal residence also stands out because of its fusion of Laotian and French architecture.  4. Wat Xieng Thong Hours Open: 8 AM to 5 PM Entry Fee: 30.000 Kip/Person Built in 1560, Wat Xieng Thong is one of the most revered temples in Laos. Setthatirath built this temple, and I loved the glass murals here.  5. Pak Ou Caves To explore more Luang Prabang temples, I reached Pak Ou Village. The tuk-tuk ride to the caves costs around 400000 KIP, and I reached the caves after a long boat ride. The journey was beautiful. The temples and Pak Ou caves with statues of Lord Buddha are the highlights of my Luang Prabang trip. The entry fee was 20000 KIP.  6. Luang Prabang Night Market Hours: 5 PM to 10 PM The Luang Prabang Night Market was a real surprise. Honestly, I did not expect this much fun. Hundreds of vendors were selling clothes, handicrafts, ornaments, ceramics, tea, and coffee.  I bought some textiles, bags, and ceramics. One thing - you have to be at the A game of your negotiation. Some vendors are really pushy.  7. Tad Sae Waterfall Hours: 8 AM to 7 PM Tickets: 15000 Kip for Locals and 30000 KIP for Foreigners (Free for Children below 8 Years) While Kuang Si is a more popular choice, it is bigger. However, I loved the Tad Sae Waterfall more. It is more relaxing, and for me, the nearby elephant park was an added attraction.  One of the best Luang Prabang waterfalls, Tad Sae Waterfall, is layered with crisscrossing decks. 8. Traditional Arts and Ethnology Centre Hours: 8 AM to 5 PM (Monday Closed) Entry Fee: Fee for Locals, 25000 KIP for Foreigners  View this post on Instagram A post shared by TAEC Museum | Shop | Cafe (@taeclaos) The board on the wall of the Traditional Arts and Ethnology Center sums up what experience you can expect here. 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Who Will Love It The Most? Luang Prabang is more suitable for solo travelers and couples.  Having immersive cultural and spiritual experiences with museum and temple visits is one of the best things to do in Luang Prabang Laos for solo travelers. I thoroughly enjoyed it as a solo traveler, be it a visit to Wat Xieng Thong or exploring the markets.  Furthermore, Luang Prabang celebrates romance like quiet luxury. A sunset cruise on the mighty Mekong River or a bath in the turquoise pools of Kuang Si Falls are some of the most romantic things to do in Luang Prabang, Laos.  However, Luang Prabang is versatile in terms of the types of travelers it caters to. Most importantly, it teaches the art of slow and meaningful tourism in which you build connections and garner experiences that last a lifetime.  Here is a quick breakdown of different places in Luang Prabang catering to different types of travelers.  Types of TravelersPlaces to Visit in Luang PrabangHistory Buffs• Wat Xieng Thong• Old Quarter• Wat Mai Suwannaphumaham• Wat Visounnarath• Pak Ou CavesNature Lover• Mount Phousi• The Mekong River• The Forest AreaWildlife Enthusiast• Luang Prabang Wildlife Sanctuary• Elephant Village Sanctuary• MandaLao Elephant Conservation:• Manifa Elephant CampBackpackers and Budget Travelers• Tad Sae Waterfalls• Kuang Si FallsCulture and Local Life Experience• Luang Prabang Old Quarter• Luang Prabang Night Market However, beyond everything, Luang Prabang continues to be the spiritual heart of Laos.  Luang Prabang And A Unique Spiritual Experience  A BBC report suggests that Luang Prabang has the highest per capita monk population of anywhere else in the world. 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The entry fees are a little higher, considering the local currency.  My daily expenses included: Hostel Charge: $20 Per Night (Mid-range hotels available at around $50-80 per day) Food: $5-10 Travel: $5 Entry Fee: $5 What Is The Best Time To Visit Luang Prabang?  November to February is the best season to visit Luang Prabang. Just after the October rainfall ends, the city enjoys clear weather conditions with mild temperatures. So, it is the ideal time to explore the outdoor things to do in Luang Prabang, Laos.  Luang Prabang experiences heavy rainfall from June to October, and March to June is stuffy and hot.  Here is a breakdown of temperatures in Luang Prabang by month. (Source: National Oceanic and Atmospheric Administration, NOAA).  MonthsHighest Temperature (Degree Celsius)Lowest Temperature(Degree Celsius)January2814February3216March3419April3522May3524June3424July3324August3224September3323October3221November3018Decemeber2815 Luang Prabang Food And Customs I Loved Furthermore, food in Luang Prabang is fresh and wholesome, just as the city is. I fell in love with \(Mok\) \(Pa\), which is fish steamed and cooked in banana leaves. I also tried \(Laap\), a national Laotian dish, and I chose the version with minced meat.  Furthermore, I lost count of the coconut cakes I had in Luang Prabang. It was subtle, sweet, and hearty.  The markets are the best place to explore the local specialties of Luang Prabang. However, the food scene of the city came alive after sunset.  Also, I was quite happy with the experience of the places I ate, such as the Tamarind Restaurant and Bouang Asian Eatery.  Luang Prabang’s culture is deeply rooted in Theravada Buddhism. The daily alms-giving ceremony at dawn is a sacred tradition.  Locals wear traditional Lao sinh and celebrate festivals like Pi Mai (Lao New Year) and the Festival of Lights. You have to dress modestly, remove shoes before entering temples, and respect local customs. Luang Prabang Travel Guide: The Dos And Don’ts Here is a detailed checklist of the things to do and things to avoid in Luang Prabang. Have a look at the table below.  Checklist for Traveling to Luang Prabang, LaosMistakes to Avoid When Traveling to Luang Prabang, Laos• You will need a valid passport and a Laos visa (eVisa or visa on arrival).• Get your money converted to local currency (Lao Kip) or USD.• Have travel insurance and keep the documents handy.• Dress modestly for temple visits. Use a reusable water bottle. • Wear sunscreen and insect repellent.• Choose comfortable walking shoes.• Carry a rain poncho or umbrella (especially in the wet season).• Buy a local SIM card and have an offline map when exploring the city and beyond. • Be respectful toward local customs such as alms giving. • Check the license of the driver for scooter rentals, as incidents of scooter accidents are common. • Negotiate and agree upon the fare before the tuk-tuk ride starts. • Visiting during the burning season (March–April) due to poor air quality• Arriving without USD for visa fees• Overestimating travel time between attractions• Not booking transport in advance during holidays.• Visiting over-crowded areas, petty thefts are common.  My 5-Day Travel Itinerary In Luang Prabang I stayed in Luang Prabang for 5 days. The best thing about Luang Prabang is that it will not push you to rush. So, my five-day stay here was one of the most relaxed experiences I had. Here is what I did on those five days.  DaysItineraryDay 1: Arrival and Cultural Experience• Reaching the Luang Prabang International Airport• Checking into my hostel• Evening walk in the city center• Having authentic Laotian food at Tamarind Restaurant• Exploring the Night Market Day 2: Temple Visits and Spiritual Immersion• Alms Giving ceremony at sunrise• Breakfast Saffron Coffee• Visiting Wat Xieng Thong, Wat Mai Suwannaphumaham, and the Royal Palace Museum• Lunch at Bouang Asian Eatery• Climbing Mount Phousi for sunset viewsDay 3: Nature and Adventure• Day trip to Kuang Si Falls, visiting the Bear Rescue Center, and swimming in the turquoise pools. • Lunch at Kuang Si Butterfly Park Café• Back to the town and enjoying a sunset cruise on the Mekong River. • Dinner at Utopia BarI chose Utopia Bar as it is great for solo travelers. The live music and yoga sessions were the highlight. Day 4: Exploring Culture and Craft• Visiting the Traditional Arts and Ethnology Centre• Visiting the Ock Pop Tok Living Crafts Centre and taking a weaving class• Lunch at Coconut Garden• Afternoon visit to Phosi Market• Cooking class at Tamarind Cooking School in the eveningDay 5: Offbeat Exploration and Departure• Half-day boat trip to Pak Ou Caves• Whisky Village en route• Lunch on the boat• Last-minute shopping at Night Market• Departure from Luang Prabang International Airport Tips For A Seamless Travel Experience In Luang Prabang  Stay near the night market for easy access to food and shopping. Join a walking tour to meet fellow travelers and learn local history. Rent a scooter or join a shared tuk-tuk to Kuang Si Falls. Cultural workshops are great for solo bonding and learning. Book an airport transfer in advance to avoid last-minute stress. 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Late February to April is the time to avoid visiting Luang Prabang. Extreme heat and stuffy weather make the days uncomfortable for outdoor exploration. June to October is another season to avoid due to heavy rainfalls and calamities such as landslides. Read Also: A Comprehensive Guide To The Main Types Of Asian Food That You Can Find In Singapore Sunrise Spots in Vietnam: Top Places to Catch the Best Morning Views 5 Must-Visit Places In Thailand: Should I Go To Phuket Or Krabi?

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Traveling During Winter? Here Is A Winter Vacation Planning Checklist

BY  Ankita Oct 13, 2023

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However, packing for a winter vacation comes with some challenges. For starters, you must carry everything you need to keep yourself warm. You may also have a space problem because most winter clothes are bulky, and you must squeeze them in the carry-on. However, having a checklist is helpful since it helps you pack enough items in the bag. Read Also: Must Pack Business Travel Packing List Along With Tips Why Travel Trailers Are The New Vacation Norm

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What’s In My Makeup Bag During A Trip?

BY  Arnab Apr 29, 2023

This time of the year is amazing for organizing a trip to an amazing summer destination to spend some leisure time with your loved ones. But packing for a trip can be both exciting and overwhelming, especially when it comes to your beauty essentials. It's essential to pack smartly and efficiently to ensure that you have everything you need while still leaving enough space in your luggage. One of the most crucial aspects of packing your makeup bag is choosing the right products. With limited space and weight restrictions, it's crucial to bring only the essentials that you will use throughout your trip. If you're unsure which items to include in your travel makeup bag, you are in the right place! Here Are Four Important Essentials Things To Keep With Your Makeup Bag Read below and we've got your back! We have for you a list with all the essentials to keep with your makeup bag during a trip, in order to feel fresh and pretty on every occasion! 1. Moisturizer with SPF One of the most crucial products to pack in your makeup bag is a moisturizer with SPF. Traveling can cause your skin to become dehydrated and dull due to different climates, water, and air. By using face moisturizing products with SPF, you can hydrate and protect your skin from the sun's harmful UV rays. This way, you can enjoy your trip without worrying about sunburn or premature aging caused by sun damage. 2. Mascara Moreover, if you love makeup you might already know that quality mascara is a must-have item in any travel makeup bag. It instantly opens up your eyes and makes them appear more awake. Opt for a volumizing or lengthening mascara that suits your lash type and enhances your natural beauty. Choose a waterproof mascara that can cope to prevent smudging and smearing, especially if you'll be swimming or sweating. In case you don’t have quality mascara, it is time for shopping! A mascara will make your eyes look amazing and your makeup even more impressive! 3. Multi-use products Another amazing tip to save space in your makeup bag, consider bringing multi-use products. For example, a light-tinted moisturizer with a high SPF can provide hydration, coverage, and sun protection in just one step. You can also use it as a base for your makeup or as a touch-up during the day. Similarly, cream blush can double as a lip tint and add a pop of color to your cheeks. 4. Brushes or sponges Last but not least, don't forget to pack the tools you need to apply your makeup. Brushes or sponges can make a huge difference in how your makeup looks and lasts throughout the day. Choose the ones that work best with your makeup products and bring a compact brush cleaner to keep them clean and hygienic. Choose to buy some quality brushes because they are very important when it comes to the final result. A quality sponge will apply the concealer much better than a cheap one. Read Also: Make Your Summer Vacation Fun-Filled And Enjoyable This Year The Best Resort Spa & Wellness Island Experience! Sizzling Summer Road Trip Destinations