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Namdaemun Market

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Namdaemun Market Named for its nearby namesake of Namdaemun (Great South Gate) and located near the downtown area, one of Korea's largest wholesale markets covers over 10 acres. It is filled with over 1,000 shops, stalls, retailers, street vendors, and has several department stores nearby. Here you can find clothes, shoes, fabrics, tableware, flowers, vegetables, ginseng products, toys, and watches. Under Namdaemun-no (the main street to the north of the market) is an extensive underground arcade.

Namdaemun Market Although many of Namdaemun's shops are within the buildings that make up the area, the most colorful aspect of the market is the group of street vendors that setup in the alleys and walkways between the buildings. Wholesalers operate from midnight to 6:00 a.m., and retailers are open from 7:00 a.m. to 5:00 p.m. Although most retailers close their stores on the 1st and 3rd Sundays of each month, many street vendors operate stalls in the alleys.

money changers Due to its location near downtown and the convenient bus service to and from Itaewon, many foreigners visit here. Most of the vendors can speak a few words of English or Japanese, but you will generally need an interpreter for any intense bargaining. Because many shops are willing to take non-Korean currency, there is also a thriving black market for money exchanging, with rates generally a little better than those of banks. Should you decide to exchange money this way, take great care not to get ripped off.

Hours: Closed - Every Sunday

Directions: Subway line 4, Hoehyeon Station

Nearby is Namdaemun (Great South Gate). Also within walking distance are Seoul Station, Deoksu Palace, and City Hall.

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