Reason why ppl converting 1st too US$ & thereafter to Won at Korea bcos Korean won is not well tradeble here in malaysia compare to US$, S$, ruppiah, RMB or HK$.
Others badly quouted currency in M'sia include Thai Bath, Peso, Dong & more. Therefore it is wiseable to exchange to US$ 1st & thereafter to Won BUT provided someone can confirm that the exchange rate in Icheon airport is good..(Taipei airport echange rate is good for sure)
For eg..check the Today best money changer rate for won - 1000won=RM2.95
http://wawasanmoneychanger.com.my/exchangeRates.aspWhereas, Bank Negara qouted rate as Today is 1000won to RM2.768
http://www.bnm.gov.my/statistics/exchangerates.phpYou will be instantly lost RM0.185 for every ringgit you change in Malaysia. But be warned. I'm not sure whether Icheon money changer having good rate or not unless someone can find any money changr online rate to verify this if converting to US$ & thereafter to Won.
QUOTE(sfwong1 @ Oct 28 2010, 04:20 PM)
i don get it why ppl change usd then only change back to the respected currency that they want,any reason? mind telling me? is it because changing like that is slightly more valueable?