Learn All About the Best Solo Trip in India Right Here! 

BY  Abdul Aziz May 19, 2023

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. Read Also: Traveling To Korea? Here’s Your Must-Try Korean Food 7 Reasons Why Phuket, Thailand Attracts Travelers Worldwide Top Hotels With Jacuzzi In Room In Las Vegas – Travel Guide

BY  Abdul Aziz Oct 20, 2018

Traveling is like a continuous learning session. It does not matter whether you are traveling for the first time or a seasoned voyager. Every destination awaits a new surprise where you need to use your judgment and experience to deal with adversities. However, following the basic tips to travel always gives you an edge.   Further, when you plan a trip to a dream place and follow the tips right, your travel becomes more economical, safe, and convenient.   Best Tips to Travel Around the World:  From the moment you plan to travel around the world, there are a lot of tasks upon you. Once you have made up your mind regarding the place, you check on the available transformation, expenses, weather, safety, and amenities.  Another crucial aspect of traveling right is traveling light. You must be on-point and minimalistic about what you carry. We always tend to overpack, resulting in additional baggage charges and inconvenience.   Here, I have curated the things you need to keep in mind if you love to travel.   1. Credit cards:  These are known as handy tools for travelers and are used for various purposes. Some of the cards work out to cut airline miles to lessen the cost of air travel. And many cards include no transaction fees. This allows savings of up to a 3% fee on any purchases.  It is essential to inform the bank when any international tour is planned and when a credit card needs to be used. If there is a sudden purchase from the international market and the bank is unaware of the owner’s location, then the account may freeze, suspecting something fishy.  2. A single big plane ticket:  It costs more when it comes to buying a ticket in pieces for different places. But, if a single ticket is bought for places all around, the cost is much less.  One needs to arrange travel in one direction only. They have a time limit to complete their traveling. But, still, it is a great idea to move around the world. Try to plan to move around to places cheaper to stay in. This is one of the smartest tips to travel around the world, enabling one to visit many destinations.  3. Light luggage:  The luggage should carry only the most essential stuff required during the travel. Look for the travel backpack. It is designed especially to work as an airline carry-on bag and secure one from the possibility of missing the luggage in between the flights. It also saves us from paying for checking the bags and overweight items.  The cost of an overweight checked item is at least $100. So, limiting the weight of your luggage is one of the basic tips to travel around the world.  4. Clothes:  It is advisable to pack a few clothes that can be washed and dried easily. Also, keep clothes for different seasons. The weather changes from place to place. Buying clothes from the international market will cost a lot.  In addition, keep some layering options handy with jackets and shrugs. Accessories like scarves and bandanas also help to sport a stylish look without much effort.   5. Look for a room or hostel:  Every traveler would like to stretch it in an air-conditioned room on the soft beds. However, the cost will be high. To limit the expenses, it is preferable to look for a room or a hostel which can be enough to rest, and the washroom facilities are good.  It is assumed that hostels are usually for students. But there are international organizations that serve the purpose of hosteling for travelers.  There are many amenities that hotels offer free of cost. But it covers the cost of it in other charges. Here, one can have “its” and limited use of such amenities to save the cost.  The best option is to look for a room that can provide privacy and a cooking facility. Make me feel at home.  The best travel agencies with years of experience in arranging international trip packages keep fair ideas for such accommodation for their clients.  6. Eat locally:  Dining in the hotels and restaurants will cost too much. In such places, they charge for food plus the ambiance and added tax.  Eating street foods is affordable. However, it requires checking the surroundings and maintaining a good hygiene level. Many times, this locally served food is equal to or much better in taste compared to big hotels and restaurants.  If the accommodation place has a kitchen, then it can be used to self-serve by cooking food.  7. Travellers insurance:  This is a must. One does not need to save money over here. Many travelers find it less important. It is helpful in times when any of the expensive things get stolen and turn out to be most useful in case any medication is required.   Struggling is for every traveler to adapt to the different water easily and get comfortable with the weather easily.  8. Enjoy exploring the place on your own:  This sounds great when a group of people is traveling together. It exhilarates the group to be together and share every tune of the time together. But it sounds a little different for a solo traveler.  They solo traveler can buy the local map to help him/her. He/she can skip the transport or ask the tour guide to pay a large amount. He/she can rent the transport for short distances, and the rest can walk around to see the surroundings.  9. Work part-time:  Even after following all the above points. If a traveler runs out or feels like getting short on a few bucks, he/ she can look for part-time work in place.   There are many opportunities for such work. This can be a helping hand and even a good time pass plus he/she gets to know people from different places.  Final Words: Take Care of Yourself   As we travel around the world, we often forget to take care of ourselves. Sometimes, our travel itinerary becomes very exhaustive in the pursuit of covering everything we need to see and do. Along with the tips to travel around the world discussed here, you must ensure you are taking care of yourself.  You must get enough sleep, eat healthy food, and remain hydrated to keep going. Also, you must take care of your personal hygiene. So, have a happy journey, and be safe!   Read Also: Dubai Travel Package Deals – Important Things to Know Travel Tips to Help You Out In Asia

BY  Sibashree Jan 16, 2025

Renting a perfect yacht for your charter is a thrilling opportunity to enjoy luxury, freedom, and adventure. Travel on the surface of the blue ocean is unlike anything you want to experience during the holidays. The different amenities available on the board give you an experience unlike anything else. You can charter an airplane for a fun and joyful ride. But there’s something else when it’s a yacht.  However, selecting the ideal yacht can seem overwhelming, with so many options available.  Whether you’re a seasoned sailor or a first-time renter, here’s a step-by-step guide to help you choose the perfect yacht for your trip.  1. Define Your Vacation Style Think about the type of experience you want. Are you looking for a romantic escape, a family-friendly adventure, or a lively party with friends? Your vacation style will guide you in selecting the right type of yacht.  Sailing Yachts: Ideal for those who love the authentic experience of navigating with sails. Motor Yachts: Perfect for luxury, speed, and comfort. Catamarans: Spacious and stable, great for families or groups. Gulets: Traditional wooden vessels, perfect for laid-back cruising with a touch of charm. At 12 Knots Yacht Rentals, you’ll find a variety of yachts tailored to your preferences. Choosing the best yacht for your vacation depends on your cruising style and how you want to sail. The type of luxury experience you want depends on your desire and the experience you are looking for. You’ll choose the perfect yacht for your charter depending on that. So, first, set your expectations and the above parameters should help you identify what you are looking for in the yacht.  2. Consider Your Group Size How many people will join you? Yachts come in different sizes, from intimate vessels for two to spacious yachts that can accommodate large groups. Ensure there’s enough room for everyone to sleep, dine, and relax comfortably. There are different sizes of yachts, and each size has a capacity to accommodate a specific number of people.  Get a small yacht, and you can have 4 to 12 people onboard. Now, if you want a grand and luxury wedding on a yacht, you’ll need from 100 to 300 people. That’s when you need a large yacht. Also the need for safety guides and features also change with the number of people you want to have onboard for the charter.  3. Choose the Right Destination The destination often influences the type of yacht you should choose. For example: In the Caribbean, a catamaran might be ideal for shallow waters and island hopping. For the Mediterranean, a motor yacht provides the speed and style needed to explore glamorous coastal towns. A luxury yacht in the Maldives ensures you travel comfortably across atolls. So, choosing the right destination for a yacht charter is also an integral part of finding what works for you. Think of the location you want to visit on your yacht and choose accordingly.  Visit 12 Knots to explore available yachts by destination.  4. Decide on Crew vs. Bareboat Crewed Yachts: Perfect for a hands-off, luxurious experience. The crew handles everything from navigation to meals, leaving you free to relax. Bareboat Charters: Great for experienced sailors who want full control of the yacht. You’ll need the appropriate certifications to rent these. If you want the experience of charting a yacht, it’s great to go for a bareboat charter. If you are a skilled sailor and have significant experience handling a yacht in the ocean, nothing is stopping you from getting a bareboat charter. You must have the necessary certifications and licenses for charting bareboat yachts. So, keep your personal safety and legal procedures in mind when deciding between a crew or a bareboat charter.  5. Set a Budget Yacht rentals often have significant differences in pricing depending on the size, type, and location. Keep in mind additional costs, such as fuel, docking fees, and provisioning. Many charters offer transparent pricing, making it easier to stick to your budget.  But, typically, in the budgeting part, the key areas of consideration come down to the charting fees and the APA (Advance Provisioning Allowance).  The advance provisioning allowance for the additional expenses such as drinks, food, delivery, re-delivery fees, and the average cost for smaller yachts.  Depending on your requirement for a luxury yacht charter, you’ll have to spend a specific amount. A small yacht chartering will cost you $10,000 per week. On the other hand, a large sized luxury yacht will cost $150,000 per week. So, set your budget depending on whatever type of experience you are looking for.  6. Check the Amenities Think about the facilities you’ll need: Spacious cabins and bathrooms Air conditioning Onboard kitchen or chef Wi-Fi and entertainment systems Equipment for water sports like snorkeling, paddle boarding, or jet skiing Explore yachts on 12 Knots to compare amenities and find your ideal match. 7. Understand the Season Different destinations have peak seasons. For example, the Mediterranean is best in summer, while the Caribbean shines in winter. Booking in advance ensures you get the yacht you want at the best price. 8. Read Reviews and Consult Experts Look for reviews from past renters and seek advice from yacht rental professionals. At 12 Knots, their experienced team is ready to help you make the best choice for your trip. Several listing websites online allow you to comparent types of yachts and luxury riding experiences.  You can compare prices, features amenities on those websites before making a decision. In addition, different clients also leave their own reviews and testimonials about specific rentals. You can check those before making a decision.  Conclusion  Renting a yacht is a fantastic way to elevate your vacation, but the key to an unforgettable experience is choosing the right yacht. You can ensure a seamless and enjoyable trip by considering your vacation style, destination, group size, and budget. You can take the advice we have given in this article to make your selection a worthwhile one. On the other hand, if you are a travel enthusiast, read other articles we have on our website.  Ready to start planning? Explore the best yachts for your dream destination at 12 Knots Yacht Rentals and embark on the adventure of a lifetime! Also read Why Include Whale Watching In Your LA Itinerary. Traveling On A Budget: Tips For Affordable Adventures. From Cocktails To Kickflips: Must-Try Activities In San Diego.