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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

14 Mar 2026 • 00:56 GMT

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • 3-month trend: ⚪ Range-bound
  • Expected range: 0.1060 – 0.1100
  • Dominant driver: 🌍 Global risk sentiment

In the near term, KRW/JPY is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call.

💸 Transfer implications

  • Expats: sending money to Japan may find current levels relatively stable but could face pressure if the pair declines.
  • Travellers: buying Japanese Yen cash or loading cards might see limited fluctuations, with conditions remaining sideways.
  • Businesses: paying Japanese Yen invoices with KRW may experience stable costs, but downside risks could make conversions less favourable.

🧭 Key drivers

  • Rate gap: The policy and yield gap between South Korea and Japan is currently negligible, resulting in limited directional influence.
  • Risk/commodities: Risk-off flows continue to favor safe-haven currencies like the JPY, supported by geopolitical tensions and global market volatility.
  • Global factors: Risk sentiment remains the primary driver, with focus on geopolitics and energy shocks affecting safe-haven demand.

⚠️ What could change it

  • Upside risk: A surge in risk appetite or easing geopolitical tensions could weaken the safe-haven JPY, supporting KRW/JPY.
  • Downside risk: A deepening of geopolitical or energy shocks might reinforce safe-haven flows, pressuring the pair lower.

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 =
0.1063We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d−0.4%▼
 
KRW to JPY at 0.1063 is just 0.9% below its 3-month average of 0.1073, having traded in a quite stable 4.4% range from 0.1050 to 0.1096
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Tracker

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  1 JPY = 9.4072 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
28 Feb 2026
0.1084
2 Week
14 Dec 2025
0.1057
3 Month
14 Mar 2025
0.1024
1 Year
15 Mar 2021
0.0964
5 Year
16 Mar 2016
0.0950
10 Year
19 Mar 2006
0.1194
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