Korea Exchange

17 Korean banks having more than 7,500 branches respectively, announce different exchange rates (i.e. price) which constantly change dozens of times in one (1) day, and trade various currencies. At every moment, banks' commission rate incurred against such deals, also are significantly different from 1% to 16% depending on each trading bank and each foreign currency.

Furthermore, 1,400 currency exchange offices propose different prices respectively and trade various currencies as well.

But, it is impossible to compare the ever changing exchange rates (i.e. prices).

Besides, it is difficult to recognize whether exchange of specific money is available before visiting bank or currency exchange office.


This application, ‘Korea Best Exchange Rate’, which is released by Mibank indicates which bank or currency exchange office proposes the most profitable price and where you can trade foreign currency that you want.

'Korea Best Exchange Rate’ has been developed in order to help almost 14million foreigners visiting Korea annually exchanging currency on favorable terms.


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* Compared Currency

Korea KRW, China CNY, United States USD, Japan JPY, Thailand THB, European Union EUR, Hong Kong HKD, Taiwan TWD, Philippines PHP, Australian AUD, Singapore SGD, England GBP, Vietnam VND, Canada CAD, Brazil BRL, Chile CLP, Mexico MXN, New Zealand NZD, Malaysia MYR, Turkey TRY, Indonesia IDR, India INR, Mongolia MNT, Israel ILS, Saudi SAR, Kuwait KWD, Bahrain BHD, U.A.E. AED, Kazakhstan KZT, Qatar QAR, Pakistan PKR, Bangladesh BDT, Brunei BND, Oman OMR, Jordan JOD, Russia RUB, Sweden SEK, Denmark DKK, Norway NOK, Hungary HUF, Poland PLN, Czechia CZK, Switzerland CHF, South Africa ZAR, Egypt EGP