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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

28 Mar 2026 • 00:56 GMT

KRW/JPY 0.1063

📊 Forecast snapshot

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

Currently, KRW/JPY is trading close to recent lows within a very stable 3.6% range, held down by risk-off sentiment and safety demand for the yen. Over the next few sessions, the pair may remain supported by risk aversion conditions, though the overall bias remains mildly weaker and range-bound.

💸 Transfer implications

  • Expats: sending money to Japan may find conditions slightly less favourable than recent levels.
  • Travellers: exchanging KRW for JPY could face limited gains if the pair remains pressured.
  • Businesses: paying invoices in JPY might see modest cost stability but should watch for potential declines.

🧭 Key drivers

  • Rate gap: KRW’s yield and policy outlook lag behind JPY, supporting safe-haven flows.
  • Risk/commodities: Elevated volatility and fiscal worries keep risk-off flows strong.
  • Global factors: Risk sentiment remains the dominant driver amid ongoing volatility, influencing safe-haven demand.

⚠️ What could change it

  • Upside risk: A shift to risk appetite could shift KRW/JPY higher, supporting the won.
  • Downside risk: Escalating global risk or fiscal concerns may deepen safe-haven flows, pressuring the pair further.

BER suggestions: Comparing FX providers may help offset less favourable exchange conditions.

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 0.8% below its 3-month average of 0.1072, having traded in a very stable 3.6% range from 0.1058 to 0.1096
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  1 JPY = 9.4107 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
14 Mar 2026
0.1063
2 Week
28 Dec 2025
0.1083
3 Month
28 Mar 2025
0.1019
1 Year
29 Mar 2021
0.0970
5 Year
30 Mar 2016
0.0977
10 Year
02 Apr 2006
0.1212
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