1 Dollar is How Much in South Korea
If you're planning a trip to South Korea, it's essential to know the exchange rate to budget your expenses. The Korean won (KRW) is the official currency of South Korea, and you might be wondering how much 1 dollar is worth in KRW.
Current Exchange Rate
As of [current date], the exchange rate is approximately:
1 USD = 1,200 KRW
Please note that exchange rates can fluctuate frequently, so it's always a good idea to check the current rate before your trip.
Pricing in South Korea
To give you a better idea of how much things cost in South Korea, here are some approximate prices:
- Food:
- Fast food meal: 4,000 - 6,000 KRW (around $3 - $5)
- Mid-range restaurant meal: 15,000 - 25,000 KRW (around $12 - $20)
- Transportation:
- Subway ticket: 1,250 - 2,450 KRW (around $1 - $2)
- Bus ticket: 1,200 - 2,400 KRW (around $1 - $2)
- Accommodation:
- Hostel dorm: 15,000 - 30,000 KRW (around $12 - $25) per night
- Budget hotel: 40,000 - 80,000 KRW (around $30 - $60) per night
Tips
- You can exchange your money at a currency exchange office or withdraw KRW from an ATM using your debit or credit card.
- Many places in South Korea, especially tourist areas, accept credit cards.
- Tipping is not expected but is becoming more common in tourist areas.
Conclusion
Now that you know the approximate exchange rate and prices in South Korea, you can better plan your trip and budget your expenses. Remember to check the current exchange rate before your trip and enjoy your time in this beautiful country!
