There are a couple of options for money exchange.
First, you have ATM's on post from which you can withdraw either dollars or Won.
There is also the Community Banks on post. However, their exchange rate (they run the ATM's) is not as good as out in town. This is not a big deal for small amounts of cash, but when you are talking about enough to pay your monthly rent, it is advisable to go out in town.
At CRC, there is a money exchange located directly out the main gate. You cross the street, proceed down the street directly across the gate, and it is on your left about 1/2 block down. It is very easy to find with big signs in English.
While exchange rates vary, when I checked last week, the official exchange rate was 1180W = $1. Of course, you won't get this rate because banks have to make their money on the service. At this time Community Bank offered a rate of 1120W = $1. The money exchange in town offered 1150 = $1.
It's up to you where you choose to go. I just wanted you to be aware that it isn't the same every place you go.
First, you have ATM's on post from which you can withdraw either dollars or Won.
There is also the Community Banks on post. However, their exchange rate (they run the ATM's) is not as good as out in town. This is not a big deal for small amounts of cash, but when you are talking about enough to pay your monthly rent, it is advisable to go out in town.
At CRC, there is a money exchange located directly out the main gate. You cross the street, proceed down the street directly across the gate, and it is on your left about 1/2 block down. It is very easy to find with big signs in English.
While exchange rates vary, when I checked last week, the official exchange rate was 1180W = $1. Of course, you won't get this rate because banks have to make their money on the service. At this time Community Bank offered a rate of 1120W = $1. The money exchange in town offered 1150 = $1.
It's up to you where you choose to go. I just wanted you to be aware that it isn't the same every place you go.
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