According to an analysis of remittances and currency exchanges in South Korea in 2018, the top reason for exchanging currency was for travel, accounting for around 67 percent of all exchanges. The second reason was repurchases following travel.
Top reasons for currency exchanges in South Korea as of December 2018
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Hana Bank. (July 5, 2019). Top reasons for currency exchanges in South Korea as of December 2018 [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1079759/south-korea-top-reasons-for-currency-exchanges/
Hana Bank. "Top reasons for currency exchanges in South Korea as of December 2018." Chart. July 5, 2019. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1079759/south-korea-top-reasons-for-currency-exchanges/
Hana Bank. (2019). Top reasons for currency exchanges in South Korea as of December 2018. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1079759/south-korea-top-reasons-for-currency-exchanges/
Hana Bank. "Top Reasons for Currency Exchanges in South Korea as of December 2018." Statista, Statista Inc., 5 Jul 2019, https://www.statista.com/statistics/1079759/south-korea-top-reasons-for-currency-exchanges/
Hana Bank, Top reasons for currency exchanges in South Korea as of December 2018 Statista, https://www.statista.com/statistics/1079759/south-korea-top-reasons-for-currency-exchanges/ (last visited November 12, 2024)
Top reasons for currency exchanges in South Korea as of December 2018 [Graph], Hana Bank, July 5, 2019. [Online]. Available: https://www.statista.com/statistics/1079759/south-korea-top-reasons-for-currency-exchanges/