Exchange Rate Calculator

The exchange rate between the Japanese Yen (JPY) and the South Korean Won (KRW) has experienced notable fluctuations over the past few months. This report provides an analysis of the JPY/KRW exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

As of June 3, 2025, the JPY/KRW exchange rate stands at approximately 9.7788, indicating that one Japanese Yen is equivalent to 9.7788 South Korean Won. (poundsterlinglive.com)

Over the past six months, the exchange rate has exhibited an upward trend. In December 2024, the rate was around 9.5033, and it reached a peak of 9.7944 on March 7, 2025. (exchange-rates.org, mataf.net) This represents an approximate increase of 3.06% over the period.

Monthly Performance Overview

• January 2025: The exchange rate fluctuated between 9.1622 and 9.3941, with an average of 9.285. (exchangerates.org.uk)

• February 2025: The rate continued to rise, reaching 9.6428 by February 26. (exchange-rates.org)

• March 2025: The highest rate of the year was recorded on March 7 at 9.7944. (mataf.net)

• April and May 2025: The exchange rate stabilized, maintaining levels around 9.7 to 9.8.

Factors Influencing the Exchange Rate

Several factors have contributed to the observed fluctuations in the JPY/KRW exchange rate:

1. Economic Indicators: Differences in GDP growth rates, inflation, and interest rates between Japan and South Korea can impact currency valuations.

2. Geopolitical Events: Trade agreements, political stability, and international relations influence investor confidence and currency demand.

3. Central Bank Policies: Decisions by the Bank of Japan and the Bank of Korea regarding monetary policy, such as interest rate adjustments and quantitative easing measures, directly affect currency strength.

Comparative Analysis

When comparing the current exchange rate to historical data, the JPY/KRW rate has shown resilience and growth. For instance, on July 4, 2024, the rate was at its lowest point of 8.5597, indicating a significant appreciation of the Yen against the Won over the past year. (mataf.net)

Conclusion

The JPY/KRW exchange rate has demonstrated an upward trend over the past few months, influenced by a combination of economic indicators, geopolitical events, and central bank policies. Investors and businesses engaged in transactions between Japan and South Korea should monitor these factors closely to make informed decisions.