Why it matters: That makes the band as valuable to South Korea's economy as multinational giants like Samsung and Hyundai. The South Korean unit of currency is the won (₩), with ₩10, ₩50, ₩100 and ₩500 coins. +/- KRW 120.000 a day is nothing in Seoul.Koreans spend easily KRW 150.000/day for transportation, food and amusement life. The uber-popular Korean pop boy band BTS accounts for $4.65 billion of South Korea's GDP, per the Hollywood Reporter.

You should count U$100/ day if you want to enjoy life in Seoul. Free import of 60 milliliters of perfume, goods for personal use and gifts up to a value of USD 600.-. Lockdowns are easing globally as the planet adjusts to a new normal. In 2017, Korean super group BTS were the reason for one in every 13 tourists visiting South Korea. A new study by Hyundai Research Institute found that the boyband is worth more than $3.6 billion yearly to the country's economy.

K-Pop sensation BTS might rival the Beatles in chart success, but is their contribution to South Korea’s GDP really as substantial as that of major … Money and Costs in South Korea. The Korean Wave or hallyu — it includes Korean TV dramas and K-pop — sweeping across the world has come as a blessing in disguise for the country’s image and economy, especially after the 1997 Asian financial crisis. A couple more crazy stats: BTS sold 300,000 tickets for a U.S. tour in minutes, crashing Ticketmaster. K-Pop Is More Global Than Ever, Helping South Korea's Music Market Grow Into A 'Power Player' Caitlin Kelley Contributor Opinions expressed by Forbes Contributors are their own. Of all the jaw-dropping statistics out of South Korea, the splashiest is that K-pop sensation BTS is producing—along with hit songs—a whopping $4.65 billion of gross domestic product. Korea (Rep.) country information overview Print Customs Import regulations: 1. If you travel to Seoul you will need a bigger budget than if you stay in the country side. K-Pop band BTS is literally a national treasure for South Korea. Korean boy band BTS making it to the No.1 position on the Billboard 100 speaks volumes about K-pop’s calibre.
Notes come in denominations of ₩1000, ₩5000, ₩10,000 and ₩50,000. Money and Costs in South Korea. Now, they reportedly bring in over $3.6 billion a year to the country’s economy.

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