Exchange Rate Calculator

The exchange rate between the South Korean Won (KRW) and the Japanese Yen (JPY) is a critical indicator of the economic relationship between South Korea and Japan. Over the past few months, this rate has experienced notable fluctuations, influenced by various economic factors and market sentiments. This report provides an analysis of the KRW/JPY exchange rate trends, technical indicators, and future projections.

Recent Exchange Rate Trends

As of March 27, 2025, the KRW/JPY exchange rate stood at 0.1032, marking a 0.72% increase from the previous day. (investing.com) Over the past six months, the exchange rate has exhibited a downward trend, decreasing by approximately 5.62%. The highest rate during this period was 0.1114 JPY per KRW on November 14, 2024, while the lowest was 0.1009 JPY per KRW on March 10, 2025. (exchange-rates.org)

Technical Analysis

Technical indicators as of December 28, 2024, suggested a mixed outlook for the KRW/JPY pair. The Relative Strength Index (RSI) was at 45.465, indicating neutral momentum. The Stochastic Oscillator (9,6) stood at 60.93, signaling a buy, while the MACD (12,26) was at 0, suggesting a sell. Moving averages presented a bearish sentiment, with the 50-day simple moving average at 0.1082 and the 200-day simple moving average at 0.1080, both indicating a sell signal. (investing.com)

Forecasts and Market Sentiment

Forecasts for the KRW/JPY exchange rate indicate a potential decrease in the coming months. A one-month prediction suggests a decline of approximately 3.38%, bringing the rate down to 0.100015 JPY per KRW. The market sentiment is currently bearish, with 81% of technical analysis indicators signaling a downward trend. (coincodex.com)

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the KRW/JPY exchange rate:

• Economic Indicators: Differences in GDP growth, inflation rates, and interest rates between South Korea and Japan can impact the exchange rate.

• Geopolitical Events: Political developments, trade agreements, and regional tensions can influence investor confidence and currency valuations.

• Central Bank Policies: Decisions by the Bank of Korea and the Bank of Japan regarding monetary policy, such as interest rate adjustments and quantitative easing measures, play a significant role in currency valuation.

Conclusion

The KRW/JPY exchange rate has experienced a downward trend over the past six months, influenced by a combination of economic indicators, market sentiment, and geopolitical events. Technical analysis suggests a bearish outlook, with forecasts indicating a potential further decline in the near future. Investors and businesses engaged in transactions between South Korea and Japan should closely monitor these developments to make informed decisions.