
Foreign banknotes and traveler's check can be exchanged at foreign exchange banks and other authorized moneychangers. As of December 2009, the exchange rate is approximately US$1 to KR ₩1,127 as of November 2010.
Diners Club, Visa, American Express and MasterCard are widely accepted at major hotels, shops and restaurants in the larger cities. Check with your credit card company for details of merchant acceptability and other services which may be available.
Accepted, but may be difficult to change in smaller towns. To avoid additional exchange rate charges, travelers are advised to take Traveler's check in US Dollars.
