Currency in South Korea Currency in South Korea The official currency of South Korea is the South Korean won (₩). $1USD Equals ₩1470 (Roughly) Key Things to Know Cash is still commonly used, especially in markets and small shopsCredit cards are widely accepted almost everywhereContactless payments and mobile payments are very popularATMs are easy to find, especially in convenience stores and banks Typical Costs (rough idea) Coffee: ₩4,000 – ₩7,000Meal: ₩8,000 – ₩15,000Subway ride: ₩1,250 – ₩1,500Taxi start fare: ~₩3,800 Recommendation Always carry some cash (₩) for street food, local markets, or smaller vendorsExchange a small amount before arrival, then withdraw locally for better ratesUse a travel card or credit card for convenience