Where to exchange money in Suwon

If you’re planning a trip to Suwon, 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 Suwon. 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 Suwon

If you’re planning a trip to Suwon, 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 Suwon. 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.

Wise

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Currency exchanges in Suwon

We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Suwon below.

Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.

Money ChangerAddressContact Information
더(THE)상품권 환전South Korea, Gyeonggi-do, Suwon, Paldal-gu, Maesan-ro, 2-1 KR+82 10-3223-3489
MONEYBOX SUWON (머니박스 수원)16-5 Maesanno 1(il)-ga, Paldal-gu, Suwon, Gyeonggi-do, South Korea+82 31-248-7888
MoneyGram26-11 Paldallo 3(sam)-ga, Paldal-gu, Suwon, Gyeonggi-do, South Korea+82 31-244-6161
MoneyGram85-1 Uman-dong, Paldal-gu, Suwon, Gyeonggi-do, South Korea+82 31-211-9680
MoneyBox Hongdae(currency exchange)72 Wausan-ro 29-gil, Mapo-gu, Seoul, South Korea+82 2-336-7972
DeomoaSouth Korea, Gyeonggi-do, Suwon, Jangan-gu, Yuljeon-dong, 433-119번지 KR+82 31-296-9229
Money Box Myeongdong Main Branch108-1 Myeong-dong 2(i)-ga, Jung District, Seoul, South Korea+82 2-3789-0888
DeomoSouth Korea, Suwon, 팔달구 인계동 1037-3번지 수원시 경기도 KR+82 31-236-4875
AK PLAZA Suwon924 Deogyeong-daero, Paldal-gu, Suwon, Gyeonggi-do, South Korea+82 31-240-1000
MoneyGramSouth Korea, Gyeonggi-do, Suwon, Yeongtong-gu, 영통2동 960-3+82 31-203-8899
LOTTE Department Store Suwon134 Sehwa-ro, Gwonseon-gu, Suwon, Gyeonggi-do, South Korea+82 31-8067-4000
신의중국슈퍼신의환전소South Korea, Suwon, 팔달구 화서동 97-1번지 나화서상가 1층 수원시 경기도 KR+82 31-508-0822
흥운환전소South Korea, Suwon, 팔달구 매산로1가 111-24번지 1층 수원시 경기도 KR
휘만환전소South Korea, Suwon, 팔달구 매산로1가 57-3번지 1층 수원시 경기도 KR+82 31-207-9080
88환전소South Korea, Suwon, 팔달구 매산로2가 14-1번지 1층 수원시 경기도 KR+82 70-8874-8886

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 Suwon, 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 Suwon

When exchanging money in Suwon or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in South Korea long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.

1. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in South Korean wons for a fairer rate and fees. The same applies if you get the option on card machines.

2. Know the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.

3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.

4. Use ATMs strategically
Check if your local bank has partnerships in South Korea banks to avoid unwanted ATM fees. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.

5. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.

Currency exchange bureau who?

Forget all about walking around the city in search for fair exchange rates for a low fee.

With a Wise Account you can access over 70 currencies wherever you are - and all with a single card.

And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!

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Bottom line

From the list above you should have plenty of options for finding a physical currency exchange in Suwon. If you'd like more options, try searching on a search engine like Google.

Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.

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.