Exchange Rate Calculator

The exchange rate between the Japanese Yen (JPY) and the South Korean Won (KRW) has exhibited notable fluctuations over the past few months, reflecting the dynamic economic landscapes of both countries. This report delves into the recent trends, technical analyses, and forecasts to provide a comprehensive understanding of the JPY/KRW currency pair.

Recent Exchange Rate Trends

As of July 2, 2025, the JPY/KRW exchange rate stood at approximately 9.438 KRW per JPY. Over the preceding week, the rate fluctuated between a high of 9.491 and a low of 9.350, indicating a relatively stable trend with a 0.829% increase compared to its value seven days prior. (wise.com)

In the past month, the exchange rate experienced a high of 9.6667 on June 3, 2025, and a low of 9.3455 on June 30, 2025. This suggests a downward trend of approximately 3.3% over the month. (poundsterlinglive.com)

Technical Analysis

As of February 28, 2025, technical indicators for the JPY/KRW pair presented a mixed outlook. The Relative Strength Index (RSI) stood at 51.377, suggesting a neutral market sentiment. The Moving Average Convergence Divergence (MACD) indicated a buy signal, while the Average Directional Index (ADX) suggested a sell signal. Moving averages were also mixed, with shorter-term averages indicating sell signals and longer-term averages indicating buy signals. (maybefinance.com)

Forecasts and Projections

Various forecasting models provide differing projections for the JPY/KRW exchange rate. One model predicts a slight decrease to 9.53216 KRW per JPY by March 19, 2026, and a more significant decline to 8.42574 KRW per JPY by March 19, 2030. Another forecast anticipates an increase to 10.19 KRW per JPY within the next month, with a potential rise to 12.04 KRW per JPY over the next year. (maybefinance.com)

Conclusion

The JPY/KRW exchange rate has shown considerable volatility in recent months, influenced by various economic factors. While technical indicators present a mixed outlook, forecasts suggest potential fluctuations in the coming years. Investors and stakeholders should closely monitor economic developments in both Japan and South Korea to make informed decisions regarding this currency pair.