Where to exchange money in Mokpo
If you’re planning a trip to Mokpo, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Mokpo. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Mokpo
If you’re planning a trip to Mokpo, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Mokpo. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Mokpo
If you have a need to use cash, here are some recommendations to exchange foreign currency in Mokpo.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| RIA | South Korea, Jeollanam-do, Mokpo-si, 옥암동 972-3번지 3층 | +82 70-7776-8848 |
| 한국은행 목포본부 | 109 Yeongsan-ro, Mokpo-si, Jeollanam-do, South Korea | +82 61-241-1000 |
| MoneyBox Hongdae(currency exchange) | 72 Wausan-ro 29-gil, Mapo-gu, Seoul, South Korea | +82 2-336-7972 |
| Money Box Myeongdong Main Branch | 108-1 Myeong-dong 2(i)-ga, Jung District, Seoul, South Korea | +82 2-3789-0888 |
| MONEYBOX GANGNAM (Currency Exchange) | South Korea, Seoul, 머니박스 강남지점 103호 KR 서울특별시 서초구 서초대로77길 3, 아라타워 | +82 2-3478-8388 |
| 고고환전 GOGO CURRENCY EXCHANGE | South Korea, Seoul, Jung District, Namdaemun-ro, 66-1 명덕빌딩 1층 | +82 10-6614-8844 |
| MONEYBOX SEOUL STATION (Currency Exchange) | South Korea, Seoul, Yongsan District, Hangang-daero, 401-2 1층 | +82 2-706-8880 |
| China embassy front fx exchange | 26 Myeongdong 2-gil, Jung District, Seoul, South Korea | +82 2-776-8927 |
| exchange money | 43 Myeongdong 2-gil, Jung District, Seoul, South Korea | +82 2-778-4567 |
| NH Bank | South Korea, Jeollanam-do, Muan-gun, Mangun-myeon, Piseo-ri, 99 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
South Korean won rate today
When you're in Mokpo, and also the rest of South Korea, the official currency is the South Korean won.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the South Korean won is KRW, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Mokpo
You can follow a few simple tips which could help save money when exchanging currency in Mokpo. By increasing your awareness you can be better prepared for currency exchanges wherever you are.
1. Beware of 'zero fee' services
Some services will claim 'no commission'. This can be misleading as they will often have hidden a markup by offering you a worse exchange rate.
2. Know the current exchange rate
Be familiar with the current exchange rate to help identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
The convenience of exchanging currency at airports and hotels often comes at a price. That price will come as poor exchange rates and high transaction fees. Try to use this as a last resort.
4. Avoid scams
Be cautious of street vendors or unofficial exchange services that may offer seemingly attractive rates. Stick to recognised establishments to avoid falling victim to scams or fraudulent practices. Your financial security should always be a top priority.
5. Opt for local currency
When using an ATM abroad, pick the option to be charged in South Korean wons for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.
Money exchange at the tip of your fingers
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Mokpo. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.