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A Complete Guide To Currency Exchange In Busan 2022

Where to get your money exchanged in Busan, organized by regions of Seomyeon, Nampodong, the airport and more!

Yeong
2 years ago

korean money (won)

Busan, the second largest city of Korea, welcomes a large number visitors from all over the world. Today, we have compiled places in Busan (Nampo-dong, Seomyeon, and Busan Airport) where you can exchange for Korean won.  Our website provides daily exchange rates for Seoul for your reference as well. We also provided more information on where to get the best exchange rates in Seoul


Overview of Korean Won


Korean paper money (won)

There are four types of bills in Korean won, 50,000 , 10,000 , 5,000 , ₩1 ,000. As for coins, there are ₩500, ₩100, ₩50, ₩10, ₩1. Any value of currency that is below ₩100 is very small and does not carry much value. 


Best Place to Exchange

currencies of different places around the world

The exchange rate in Busan is not as great as the exchange rate in Seoul. However, exchanging money directly in Korea (rather than another country) may be the best option. If you are flying directly into Gimhae International Airport in Busan, we recommend you exchange enough money for transportation to get to our recommended places in Nampo-dong or Seomyeon. As a general rule of thumb, you can get the best deal if you exchange at counters in Korea, use newer bills, and use bills of higher values (i.e 100 USD).


Busan Currency Exchanges 

The most popular places to exchange money in Busan are Busan Money Exchange, Youngjin Exchange, and Woori Money Exchange. These places accept many types of currencies, such as U.S. dollars, Japanese yen, and Taiwanese dollars. Since exchange rates fluctuate, feel free to ask before deciding to exchange. The following currency exchanges have been confirmed to be in operation for the year of 2022. 

Busan Money Exchange (Nampodong) 

busan currency exchange in nampodong busan

Address: 부산 중구 광복로85번길 17
17 Gwangbok-ro 85 beon-gil, Jung-gu, Busan 

Hours: 09:00-20:00
Closing times may vary

Woori Money Exchange (Nampodong) 

Woori currency exchange in nampodong busan

Address: 부산 중구 광복로97번길 14
Gwangbok-ro 97beon-gil

Hours: 09:00-20:00
Closing times may vary

Youngjin Exchange (Nampodong) 

youngjin currency exchange in nampodong Busan

Address: 부산 중구 광복로97번길 16
16 Gwangbok-ro 97beon-gil

Hours: Mon-Sat: 09:00-20:00 Sun: 09:00-16:00
Closing times may vary

Nayoung Change Money (Seomyeon)

nayoung currency exchange in seomyeon busan

Address: 부산 부산진구 부전동 256-11
256-11 Bujeon-dong, Busanjin-gu Busan

Hours: Uncertain for 2022 

Many people also go to Seomyeon, Busan to exchange money. A common place people go is Nayoung Currency Exchange, or more commonly called Grandma Currency Exchange. 

This location is also a grocery store. We are uncertain how operation hours have been impacted due to the pandemic. This will be confirmed later. 


Busan Gimhae Airport 

floor plan of busan gimhae international airport with banks indicated where you can exchange money

Address: 1st floor of International Terminal of Gimhae Airport
Gate 1 (Shinhan Bank)
Gate 4 (Busan Bank) 

Hours: 08:00-20:00 (Gate 1), 09:00:00 -16:00 (Busan Gimhae Airport) 

There are two banks in Gimhae International Airport in Busan where you can initially exchange some money.  Both Busan Bank and Shinhan Bank are accessible on the first floor of the international terminal. But something worth noting is that these banks close early! There is no need to exchange too much at the airport, maybe about 50 USD for bus/taxi fare.


Today we shared places you can exchange money at in Busan. We hope this information helps for the next time you travel to Busan! If you have any questions leave us a comment below or send us an email at help@creatrip.com! You can also follow us on Instagram, Tik Tok, and Facebook to stay updated on all things Korea! 

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