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KRW to JPY Forecasts – South Korean won to Japanese yen

Latest KRW to JPY forecasts including bank predictions, key market drivers and recent trends for KRW/JPY. See where analysts expect the pair to move and the factors likely to influence it.

 

KRW to JPY Forecast & Outlook

04 Jul 2026 • 00:56 GMT

KRW/JPY 0.1055

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 0.1060 – 0.1080
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, KRW/JPY is trading close to its 90-day average near 0.1055, supported by risk-off conditions and stable trade levels. The pair has been consolidating within its recent range. Near-term conditions suggest the pair could remain supported unless risk sentiment sharply shifts.

💸 Transfer implications

  • Expats: sending money to Japan may find transfer conditions stable, with current levels still relatively favourable.
  • Travellers: exchanging currencies might see no significant change in Japanese Yen costs compared to recent levels.
  • Businesses: paying Japanese Yen invoices using KRW may face steady conversion rates unless market sentiment shifts.

🧭 Key drivers

  • Rate gap: South Korea's US interest rate differential and Japan’s cautious policy stance keep the exchange rate near neutral.
  • Risk/commodities: Risk-off sentiment continues to support safe havens, underpinning JPY.
  • Global factors: Elevated risk aversion driven by geopolitical tensions influences safe-haven flows.

⚠️ What could change it

  • Upside risk: A normalization in risk sentiment or easing of global tensions could strengthen KRW against JPY.
  • Downside risk: Renewed risk-off mood or intervention risks in Japan could pressure JPY higher.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

KRW-JPY Rate Calculator

 
 
   
   
   
   
   
 
 

KRW to JPY Market Data

South Korean won (KRW) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell KRW   →   Buy JPY
1 KRW =
0.1081We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d+0.9%▲
KRW to JPY at 0.1080 is 1.7% above its 3-month average of 0.1062, having traded in a quite stable 5.4% range from 0.1028 to 0.1084
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  1 JPY = 9.2524 KRW

Compare & Save - South Korean won to Japanese yen

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare South Korean won (KRW) to Japanese yen (JPY) rates from different sources before making a conversion.

Use our KRW to JPY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on South Korean won to Yen currency rates and the possible savings of using various providers.

 
 

Will the South Korean won rise against the Japanese yen?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the South Korean won vs Japanese yen current value is to look the KRW/JPY historic rate and change over a range of periods.

The following table looks at the change in the KRW to JPY exchange rate over periods from the previous week back to the last 10 years.

DateKRW/JPYPeriod
20 Jun 2026
0.1056
2 Week
05 Apr 2026
0.1058
3 Month
04 Jul 2025
0.1060
1 Year
05 Jul 2021
0.0981
5 Year
06 Jul 2016
0.0873
10 Year
09 Jul 2006
0.1207
20 Year
KRW/JPY historic rates

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add KRW/JPY to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more