Buy KRW here in Manila or just bring USD and exchange for KRW there. I have come to a compromise.
I believe it is better to buy a few KRW here in Manila. Say around Php 5,000 worth. This would cover the cost of initial taxi fare, food, and basic toiletries that you would need after you land.
I don't know airport exchange rates but i'm supposing that they are a bit higher that what you would get from the city. But if they aren't then no harm done since I've only exchanged a few thousand anyway.
I've found two foreign exchange establishments here in Manila that will be able to sell you KRW.
Sanry's Money Changer
Czarina Foreign Exchange
Personally, I will be choosing Sanry's just because its so near my workplace. I've heard reviews that both are easy to deal with.
As for USD, I think it's better if I buy from BDO. Why? Because I think you get that extra assurance that what you are carrying are real USDs. Heck, they even give you a list of all the serial numbers of the USD that they are giving you. Plus you can always get back to them if there are problems with the USD, right?
How much will I be bringing?
I will be there for roughly 7 days. I will be bringing about $1500. Yes, this is a bit inflated because I will afterall be buying a lot of makeup and skin care products. But for some, I believe Php 25,000 is enough for 7 days.
If you ask my mom, she'll only bring Php 10,000. That makes me a bit concerned so that's why I'm bringing extra funds just in case. (Personally, I would like to see my mom budget that 10,000. She has always been quite frugal. Well, I am also frugal but you have to have something for eventualities.)
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