🇯🇵 JPY to 🇰🇷 KRW — Japanese Yen (yen) to South Korean Won (won) Rate Today
Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.
Convert Japanese Yen to South Korean Won using the live indicative interbank rate and the converter below. Covers the cost of sending to South Korea via the major mobile money apps.
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JPY → KRW conversion table
| JPY | KRW |
|---|---|
| 500 | 4,600 |
| 1,000 | 9,200 |
| 2,000 | 18,400 |
| 5,000 | 46,000 |
| 10,000 | 92,000 |
| 25,000 | 230,000 |
| 50,000 | 460,000 |
| 100,000 | 920,000 |
| 250,000 | 2,300,000 |
| 500,000 | 4,600,000 |
| 1,000,000 | 9,200,000 |
Table computed at the indicative rate of 1 JPY = 9 KRW. Real operator-side values include a 1%-4% spread.
Japanese Yen to South Korean Won exchange rate history
What moves the Japanese Yen rate
The Japanese yen is one of the world's most-traded currencies and a traditional safe-haven. The Bank of Japan long ran an ultra-loose policy, so the yen reacts strongly to the interest-rate gap with the US; it is quoted in whole yen, with no decimal places.
About the Japanese Yen
The Japanese Yen (JPY, ¥) is issued by the Bank of Japan and, unlike most currencies, has no minor unit in everyday use — amounts are quoted in whole yen, so a price is written as ¥10,000 with no decimal places. The yen is one of the world's most-traded currencies and a traditional safe-haven, which makes it relatively liquid against African currencies even though direct JPY/Africa interbank markets are thin and most rates are derived through the US dollar. For African importers the yen matters most in two arenas: capital goods and machinery (Japan is a major supplier of vehicles, plant and electronics across the continent), and the used-vehicle trade, where Japan is the dominant export source for right-hand-drive markets in Kenya, Tanzania, Uganda, Zambia and beyond. Because the per-unit yen value is small against currencies like the naira or shilling, buyers usually convert in tens of thousands of yen.
About the South Korean Won
The South Korean Won (KRW, ₩) is issued by the Bank of Korea and, like the Japanese yen, has no minor unit in everyday use — amounts are quoted in whole won, so a price is written ₩10,000 with no decimal places. Because the per-unit value is tiny (one won is a fraction of a US cent), Koreans deal in thousands, tens of thousands and millions of won day to day, and the largest single banknote is ₩50,000. The won is the currency of a major export economy — semiconductors, cars, ships, batteries and consumer electronics from companies like Samsung, SK Hynix and Hyundai — so its value tracks the global technology cycle and chip demand closely. The Bank of Korea targets inflation and the won floats, but it is sensitive to risk sentiment, the US dollar and tensions on the Korean peninsula, which can make it volatile. Direct KRW/Africa interbank quotes are thin, so most rates are derived through the US dollar.
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FAQ
What is the JPY/KRW exchange rate today?
How much is 100 JPY in KRW?
What's the best way to send Japanese Yen to South Korea?
Is the South Korean Won a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to South Korea, see the inbound corridor comparison.