IWPFI 2017

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General Information


The average temperature in Seoul in March is 6~7℃ and average precipitation is 1-2 mm.

Currency Exchange and Taxes


Korea's official monetary unit is the South Korean Won (KRW or ₩). The currency consists of notes and coins. Coin denominations are 10, 50, 100 and 500. Banknotes are 1,000, 5,000, 10,000 and 50,000.

Exchanging Money

You can exchange foreign currencies into Korean won at a bank, exchange service center, or an authorized currency exchange.

Banks 9:30am-4pm (closed Saturdays, Sundays and Holidays)
Exchange Service Centers 9:30am-10pm (every day)
Authorized Currency Exchanges Hotel Business hours or 24 hours in hotels

The exchange rate is approximately USD1 to KRW 1,200 as of March, 2016

Credit Cards

Visa, American Express, Diners Club, Master Card and other major credit cards are accepted in Korea. Cash advances are also available at select bank machines.

ATMs and Cash Machines

Cards with the Plus and Cirrus logos are the easiest to use and most widely accepted in Korea. Some ATMs accept most major international bank cards, such as Maestro, Citibank, Citicard, Electron, JCB and others. Most ATM/bank machines operate 24 hours a day, while others are open from 8am to midnight.


Value-Added Tax (VAT) is levied on most goods and services at a standard rate of 10% and is included in the retail price. In tourist hotels, this 10% tax applies to rooms, meals and other services and is included in the bill.


In Korea, 220 volt, 60 hertz outlets are most common.n(same type used in France, Germany, Austria, Greece, Turkey)

Cellular Phone Rental

Cellular phones can be rented from Incheon and Gimpo International Airports. Your passport and credit card are required. The charges can be paid with cash or credit card upon return of the handset.

Safety and Security

Seoul is a remarkably safe city. The crime rate is very low compared to other major cities around the world. For emergencies call 112 (local police), 119 (fire department), 120 (Seoul’s Dasan call center) or 1330 (a nationwide call center of the KTO that can connect you to emergency services).

Medical Services

In Seoul, there are many modern hospitals equipped with state-of-the-art facilities. Korea is known for its high-quality medical services without long waiting periods in the event of an emergency or sickness. Many major hospitals offer multilingual interpretation services. Contact your hotel or call 120, 1330 (general information) or 1339 (medical line) for more information.