Hana Money Travelogue Sets Record Monthly Exchange Volume in July... Yen Transactions Up 171% from Previous Month
Record-High 495,000 Currency Exchange Members in a Single Month
Hana Card announced on August 11 that, due to a decline in the won-dollar and won-yen exchange rates last month, its overseas-specialized product, Hana Money Travelogue, achieved the highest monthly foreign exchange performance in its history.
Last month's exchange amount reached 416.7 billion won, and the number of exchange members was 495,000, both marking all-time highs.
Hana Card explained that, as demand for overseas travel increased during the summer holiday season, more customers took advantage of the lower exchange rates to exchange currency in advance, resulting in a rise in both the transaction amount and the number of members.
In particular, the yen exchange volume reached 207.5 billion won, representing a 171% increase from the previous month (76.4 billion won).
A Hana Card official stated, "We also anticipate continued growth in demand for travel to Japan in the autumn and winter."
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The dollar exchange volume also rose by 105%, from 19.2 billion won in the previous month to 39.4 billion won. The yuan increased by 13%, from 17.1 billion won to 19.3 billion won.
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