KRW to JPY Exchange Rate Today
Convert Korean Won to Japanese Yen with live KRW/JPY rates for Japan travel, Tokyo shopping, or Korea-Japan business. Benefit from weak yen environment.
1000 KRW =
114.63JPY
1 JPY = 8.7236 KRW
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KRW to JPY conversion table
Common amounts at the current mid-market rate of 1 KRW = 0.1146 JPY.
Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.
What you actually get for 1,000 KRW
Nobody converts at the mid-market rate. At 1 KRW = 0.1146 JPY, a perfect conversion of 1,000 KRW would be 114.63 JPY. Here is what 5 services would really send, fee and exchange-rate margin included.
On 1,000 KRW, the gap between the best and worst option here is 103.21 JPY — the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.
Typical pricing for a bank-funded transfer, not a live quote — promotional offers and payment method can change it. Check the provider before sending. Rows marked est. use the provider's general figure, and KRW est. one measured for KRW sends but not for JPY specifically. Neither is ranked cheapest.
Frequently Asked Questions
What is the current KRW to JPY exchange rate?
The Korean Won to Japanese Yen rate typically ranges between ¥0.10-0.12 per ₩1 (or about ₩840-1,000 per ¥100). BOK and BOJ policies, Korea-Japan trade relations, and regional economic conditions influence this rate. Despite historical tensions, millions of Koreans visit Japan annually: it's the most popular overseas destination for Koreans. Weak yen since 2022 made Japanese shopping and travel boom for Koreans.
Why do Koreans love visiting Japan so much?
Japan is close (2-hour flight from Seoul to Tokyo/Osaka), culturally familiar yet different, and currently affordable due to weak yen. K-pop fans visit Tokyo/Osaka for concerts, shopping in Ginza/Shibuya is popular, and hot springs (onsen) attract Korean tourists. The weak yen means luxury goods are cheaper in Japan than Korea, and Korean tourists fill Japanese malls. Over 7 million Koreans visited Japan in 2024, the highest ever despite historical tensions.
What's the best way to convert Won to Yen?
Use Korean banks like Shinhan or Woori, money changers in Seoul (Myeongdong, Gangnam), Wise or OFX for transfers, or exchange at Incheon Airport (rates reasonable for yen). Many Koreans withdraw yen from Japanese ATMs or use Korean cards directly, since credit cards are widely accepted in Japan. For business, Korean companies like Samsung, LG use hedging for their Japanese operations.
When should I convert Won to Yen?
Seoul residents planning Tokyo shopping trips benefit when won exceeds ¥0.11, making Ginza purchases 8-10% cheaper. Korean tourists to Japan (750,000 annually) converting ₩2M travel budgets watch for won strength. BOK announces rates Thursdays 10 AM KST; surprise hikes strengthen won immediately. Samsung and LG converting Japanese component purchases (Tokyo Electron, Nikon equipment) use quarterly hedging; moving from ¥0.11 to ¥0.115 adds ¥50K to ₩10M conversionsB procurement. Japan-Korea trade worth $70B creates constant currency flow despite diplomatic tensions.
How do Korea-Japan relations affect currency?
Political tensions (historical issues) sometimes affect tourism but economic ties remain strong. Samsung competes with Sony, Hyundai with Toyota. Both countries are advanced manufacturing economies. Trade between them is substantial despite friction. Currency rates reflect economics more than politics: when both central banks have different policies (BOJ ultra-loose, BOK tighter), rate divergence creates opportunities for travelers and businesses.
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