1 KRW to JPY - Convert South Korean Won to Japanese Yen

Looking at the 30-day window, the KRW/JPY pair traded in a range of 0.101600 to 0.110000. The monthly average was 0.105268 with 1.86% volatility. The relatively low volatility indicates stable trading conditions for the KRW/JPY currency pair.

The current mid-market exchange rate is 1 KRW = 0.104586 JPY, updated as of June 4, 2026, 2:23 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

South Korean Won to Japanese Yen Exchange Rate

KRW/JPY is the reverse of JPY/KRW, one of the most politically charged currency pairs in East Asia. Japan and Korea share over $80 billion in annual bilateral trade but historical grievances create periodic political friction. The yen's dramatic weakness since 2022 has triggered a Korean tourism boom to Japan, with millions of Korean visitors taking advantage of historically favorable exchange rates for shopping and travel.

The Weak Yen Shopping Bonanza

Korean tourists have flooded Japan since the yen weakened dramatically, making Tokyo, Osaka, and Fukuoka feel 30-40% cheaper than before. KRW/JPY has risen to levels that make Japanese luxury goods, dining, and hotels extraordinary bargains for Korean visitors. Ginza shopping, Hokkaido skiing, and Kyoto temple visits are now within reach for middle-class Korean travelers who previously considered Japan expensive. This tourism surge has created massive KRW/JPY conversion demand. The industrial relationship runs deep beneath the political surface. Samsung and SK Hynix depend on Japanese semiconductor equipment from Tokyo Electron and SCREEN. Japanese specialty chemicals are essential for Korean chip manufacturing. When bilateral tensions flare (as in 2019), Japan restricted export of critical chemicals, threatening Korean chip production and creating sudden KRW/JPY volatility. Both currencies are sensitive to semiconductor cycles and Chinese demand. The pair reflects the complex reality of two nations whose economies are deeply integrated but whose political relationship remains complicated by history. For Korean shoppers timing Tokyo trips and Japanese companies managing Korean partnerships, KRW/JPY captures this tension between economic opportunity and political friction that defines the bilateral relationship.

What Drives the KRW/JPY Rate

BOK and BOJ decisions, bilateral political climate, semiconductor equipment trade, tourism flows, Chinese data, and the dramatic BOJ-BOK monetary policy divergence are the main drivers. The yen's weakness has been the dominant recent trend.

What a Conversion Really Costs

Seoul Myeongdong handles JPY at competitive rates. In Japan, Korean won is available at major exchange offices. Banks charge 1-2.5%. Online services charge 0.5-1.5%. Direct KRW/JPY has reasonable liquidity from massive bilateral tourism and trade. The corridor is well-served despite political complications.

How to Get the Best KRW to JPY Rate

Myeongdong in Seoul for pre-departure cash. In Japan, city exchange offices beat airports. Direct KRW/JPY is often competitive versus USD routing. Compare the mid-market rate on this page. The weak yen means Korean purchasing power in Japan remains at historically favorable levels for travel and shopping.