Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

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

02 May 2026 • 01:06 GMT

KRW/JPY 0.1068

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: N/A
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, KRW/JPY is trading close to its 3-month average near the midpoint of a stable range. The pair is consolidating within its recent range, with risk-off sentiment supporting safe-haven demand for JPY. Over the next few sessions, the pair may remain supported by cautious risk sentiment, but limited momentum keeps it within its recent bounds.

💸 Transfer implications

  • Expats: sending money to Japan may find current exchange conditions support transactions close to recent levels.
  • Travellers: exchanging JPY cash could see steady rates, with limited near-term movement.
  • Businesses: paying invoices in JPY using KRW might find conditions unchanged but should monitor risk sentiment shifts.

🧭 Key drivers

  • Rate gap: KRW's policy stance and yield gap with JPY remain stable, with no clear divergence.
  • Risk/commodities: Safe-haven demand for JPY persists amid geopolitical tensions and risk aversion.
  • Global factors: Broad risk sentiment continues to influence JPY, supported by elevated geopolitical tension and intervention concerns.

⚠️ What could change it

  • Upside risk: Improved risk appetite or regional stability could strengthen KRW and pressure JPY.
  • Downside risk: Escalation in geopolitical tensions or risk aversion may keep JPY supported and limit KRW gains.

Shopping around for lower margins 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 =
0.1069We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d−0.5%▼
KRW to JPY at 0.1077 is just 0.7% above its 3-month average of 0.1069, having traded in a quite stable 4.5% range from 0.1049 to 0.1096
|
Tracker

Manage Tracker   

  1 JPY = 9.3580 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
18 Apr 2026
0.1081
2 Week
01 Feb 2026
0.1070
3 Month
02 May 2025
0.1035
1 Year
03 May 2021
0.0974
5 Year
04 May 2016
0.0925
10 Year
07 May 2006
0.1205
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.

 
Track Rate
 

Manage Tracker   

 

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