The South Korean Won buy back rates below were last updated 2 minutes ago
In 2007 it was estimated that more than 50% of all South Korean Won notes were counterfeit. The currency was withdrawn and replaced with new high tech bank notes that are now some of the most secure currency notes in the world. If you have any old (pre-2007) South Korean Won notes leftover, these may be rejected if they are suspected of being counterfeit.
The best South Korean Won buy back rates can always be found online and the worst rates are usually offered by the banks or high street travel agents. Use our unique comparison table above to compare the latest and greatest South Korean Won buy back deals and see how much you could save by selling online compared to the high street.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the South Korean Won buy back rate has worsened by 1.21% from last Monday's rate of 1460.14 to today's rate of 1477.74 which means ₩250000 is worth £2.04 less today than it did a week ago. During this period the worst time to sell was on Thursday at 1488.56 and the best time to sell was on Monday at 1460.14.
The 90 day outlook has seen the South Korean Won buy back rate improve by 5.83% from 1569.15 on 27th December 2016 to 1477.74 today. Based on these figures, ₩250000 is worth £9.86 more today than it did three months ago. The worst buy back rate we recorded was 1579.88 on 31st December 2016 and the best buy back rate we recorded was 1460.14 on 20th March 2017.
Posted by Matthew Weston on 24th March 2017
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