II am travelling from Korea to USA next week. Should I exchange it in Korea? In US? At the Airport. The amount will be about $1000.
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March 11th, 2010 at 5:37 am
Foreign exchange is extremely volatile, so advising you is difficult. I can at least tell you that you will get ripped off at ANY airport if you’re changing money. Their rates will be terrible and their commissions are *really* high.
The best to do is to check the rates at each local bank or money services.
However, even if you’re being ripped off 10% of your money, that’s still only a hundred bucks, so if you don’t mind so much, you can just go to the airport and not bother too much about it.
Personally, I just use my VISA card and let the bank deal with the exchange rate. I’m probably getting ripped off myself… but it’s the cost of comfort, I guess.
March 11th, 2010 at 5:37 am
i wouldnt do it at the airport. always at the nearest bank *theres also a fee you would need to pay*
March 11th, 2010 at 5:37 am
Definitely at a bank. The currency rates that you get the airport are terrible. All you’ll need is your ID/passport.