LocalExchangeRates.com

Official Rate Sheet: Japanese Yen (JPY) / South Korean Won (KRW)

Date generated:

Mid-Market Rate: 1 JPY = 8.5145 KRW

Real-Time Interbank Wholesale Feed: October 6, 2026

Japanese Yen to South Korean Won Exchange Rate (JPY to KRW)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 JPY in KRW?

1 JPY = 8.5145 KRW

At the current mid-market wholesale exchange rate, converting 1,000 Japanese Yen (JPY) yields approximately 8,514.48 South Korean Won (KRW) (inverse rate: 1 KRW = 0.1174 JPY). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): JPY

You Receive (Estimate): KRW

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 JPY = 8.5145 KRW

Kurs odwrotny: 1 KRW = 0.1174 JPY

Status danych: Live Data (Redis)

Looking for reverse calculation? Check KRW to JPY (South Korean Won to Japanese Yen) Live Converter →

JPY to KRW Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Japanese Yen against South Korean Won

Period High

8.6167 KRW

Period Low

8.4123 KRW

Volatility / Avg

8.5145 KRW

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 8.4123 KRW

Max: 8.6167 KRW

52-Week Range (1Y) Current Position: 65% Range

Min: 8.2165 KRW

Max: 8.8125 KRW

Standard Denomination Conversion Matrix (JPY & KRW)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Japanese Yen → South Korean Won (JPY / KRW)

Wholesale Benchmark

Japanese Yen (JPY)	South Korean Won (KRW)
1 JPY	8.51 KRW
5 JPY	42.57 KRW
10 JPY	85.14 KRW
25 JPY	212.86 KRW
50 JPY	425.72 KRW
100 JPY	851.45 KRW
200 JPY	1,702.90 KRW
250 JPY	2,128.62 KRW
500 JPY	4,257.24 KRW
1,000 JPY	8,514.48 KRW
2,500 JPY	21,286.21 KRW
5,000 JPY	42,572.41 KRW
10,000 JPY	85,144.82 KRW

South Korean Won → Japanese Yen (KRW / JPY)

Wholesale Benchmark

South Korean Won (KRW)	Japanese Yen (JPY)
1 KRW	0.12 JPY
5 KRW	0.59 JPY
10 KRW	1.17 JPY
25 KRW	2.94 JPY
50 KRW	5.87 JPY
100 KRW	11.74 JPY
200 KRW	23.49 JPY
250 KRW	29.36 JPY
500 KRW	58.72 JPY
1,000 KRW	117.45 JPY
2,500 KRW	293.62 JPY
5,000 KRW	587.23 JPY
10,000 KRW	1,174.47 JPY

Provider / Channel	JPY/KRW Effective Exchange Rate	Estimated Fee	Estimated Received (KRW)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	8.5145 KRW	0.00%	42,572.41 KRW	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	8.2165 KRW	~3.50%	41,082.38 KRW	-1,490.03 KRW
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	7.6630 KRW	~10.00%	38,315.17 KRW	-4,257.24 KRW

1 JPY to KRW: Japanese Yen to South Korean Won Exchange Guide

Searches for 1 JPY to KRW or convert JPY to KRW describe the amount of South Korean Won received per 1 Japanese Yen. At today's wholesale baseline of 1 JPY = 8.5145 KRW (inverse: 1 KRW = 0.1174 JPY), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Japan ↔ South Korea)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Bank of Japan (BoJ) and Bank of Korea (BoK) shape the medium-to-long term valuation of JPY/KRW.

JPY and KRW Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Japan and South Korea.

How the JPY to KRW Exchange Rate Works

Foreign exchange transactions between Japan (JPY) and South Korea (KRW) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between JPY and KRW:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Bank of Japan (BoJ) and Bank of Korea (BoK) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Japan and South Korea exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (KRW) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Japanese Yen to South Korean Won Conversion

Common questions regarding Japanese Yen to South Korean Won conversion, bank spreads, and transfer costs.

How much is 1,000 JPY in KRW today?

At the current mid-market exchange rate (1 JPY = 8.5145 KRW), 1,000 Japanese Yen equals approximately 8,514.48 South Korean Won. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Japanese Yen?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with JPY?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank of Japan (BoJ)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.