JPY/KRW: what to know
The JPY/KRW rate shows how much KRW you get for 1 JPY. Right now, 1 JPY buys 8.3987 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.1191 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while KRW responds to tech exports and global risk appetite.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Available archived JPY/KRW observations within the last 365 days range from 8.4211 to 9.6392, with a -10.45% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.