Money Changers in Myeongdong

Seoul Travel Guides / November 02, 2016
Money Changers in Myeongdong Image credit: poppinbanana

Myeongdong is one of the most popular tourist and shopping districts in Seoul. As such, money exchanging is an indispensable part in the business life of the area.

You can find a myriad of money changers in Myeongdong, which offer the best rates in Seoul. They occupy many commercial spaces on Myeongdong 2-gil street, which is also home to the Chinese Embassy.

A major plus of these forex shops is their extended trading hours covering both weekdays and weekends. Some are even open 24 hours a day.

It’s recommended to spend your first day in Seoul at Myeongdong to explore this famous tourist attraction and buy Korean won at the same time.

You can get to the area by metro, alight at Myeong-dong, the nearest station.

Best rates for

Recommended money changers
1. Money changer @ 26 Myeongdong 2-gil

– This money changer is the most popular in the area for its advantageous rates
– It is located right in front of the big red gate of the Chinese Embassy
– Address: 26 Myeongdong 2-gil, Chungmuro 1(il)-ga, Jung-gu, Seoul, South Korea
– Phone: +82 2-776-8927
– Opening hours: Daily 09:00 – 21:00

2. Money changer @ Namdaemun-ro
– This money changer is situated in the middle of the small lane Namdaemun-ro, just 50m away from the Chinese Embassy
– Address: Namdaemun-ro, Jung-gu, Seoul, South Korea
– Phone: +82 2-310-9297
– Opening hours: Daily 09:00 – 21:00

3. Money changer @ Chungmuro
– This money changer is located 100m south of the Chinese Embassy.
– Address: 22-13 Chungmuro 1(il)-ga, Jung-gu, Seoul, South Korea
– Open 24 hours from Monday to Saturday

4. Shinhan Bank
– This branch has a Foreign Customer Desk with English and Japanese speaking staff
– Located at 53-1 Myeong-dong 1-ga, Jung-gu, Seoul, South Korea
– Phone: +82-2-776-9851
– Opening hours: Mon to Fri 09:00 – 16:00; Sat and Sun 10:00 – 16:00 (Foreign exchange only)

5. Woori Bank
– Located at Sunshine Building, 11-1 Chungmu-ro, Jung-gu, Seoul, South Korea
– Phone: +82-2-753-9105
– Opening hours: Monday to Friday 09:00 – 16:00

The 5 Best Places to Exchange Money in Seoul