Saturday, October 15, 2011

Money Exchange for North Korea -Services - Money

http://travel-to-north-korea.blogspot.com/2011/10/money-exchange-for-north-korea-services.html
Money Exchange for North Korea -Services - Money
Travel tips for your trip to North Korea Hotel Maps Famous Places in North Korea helps you to make your trip to North Korea in the holiday a Splendid One


Currency information:

Won (KPW; symbol ₩) = 100 chon. Notes are in denominations of ₩100, 50, 10, 5 and 1. Coins are in denominations of ₩1, and 50, 10, 5 and 1 chon.

Hotels tend to only accept cash payments in local currency whilst shops prefer US Dollars.
Credit cards:

Main hotels in Pyongyang will accept credit and debit cards such as Mastercard and Visa. However, American Express is not usually accepted.
Travellers cheques:
Generally not accepted. However, US Dollars are often accepted as an alternative method of payment.
Currency restriction:

The import and export of local currency is prohibited. The import and export of foreign currency is unrestricted, subject to declaration on arrival.
Currency exchange:

Currencies may be changed at the Trade Bank (Mon-Sat 0900-1200 and 1400-1700) or at some hotels. Convertible currencies include Australian, Hong Kong and US Dollars, Euros, Pounds Sterling and Yen.