JPY/KRW
Market Open
15 Jun, 10:01
₩
9. 46
+0.025361
+0.2687%
₩
708 Volume
₩ 9.436771
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JPYKRW Overview
JPYKRW is the foreign exchange rate that quotes the value of the Japanese Yen against the South Korean Won. The pair shows how many won are needed to buy one yen, with JPY as the base currency and KRW as the quote currency, and reflects relative price movements between the two monetary units.
The Japanese Yen (JPY) is Japan’s official currency and a widely used global funding and reserve unit. Banknotes and coins denominated in yen are issued and regulated by the Bank of Japan, which implements monetary policy to pursue price stability and support economic activity.
The South Korean Won (KRW) is the official currency of the Republic of Korea. The Bank of Korea issues and oversees the won, setting monetary policy and working to maintain financial stability for a trade-oriented, export-driven economy.
The JPYKRW exchange rate is driven by supply and demand in spot and forward markets and is affected by interest rate differentials, inflation trends, central bank policy decisions, trade balances, capital flows and geopolitical developments. Shifts in market sentiment or policy interventions can prompt rapid adjustments in the cross.
Market participants use JPYKRW for hedging bilateral trade exposure, implementing speculative strategies based on yield and macro differentials, and managing currency risk within diversified investment portfolios.
The Japanese Yen (JPY) is Japan’s official currency and a widely used global funding and reserve unit. Banknotes and coins denominated in yen are issued and regulated by the Bank of Japan, which implements monetary policy to pursue price stability and support economic activity.
The South Korean Won (KRW) is the official currency of the Republic of Korea. The Bank of Korea issues and oversees the won, setting monetary policy and working to maintain financial stability for a trade-oriented, export-driven economy.
The JPYKRW exchange rate is driven by supply and demand in spot and forward markets and is affected by interest rate differentials, inflation trends, central bank policy decisions, trade balances, capital flows and geopolitical developments. Shifts in market sentiment or policy interventions can prompt rapid adjustments in the cross.
Market participants use JPYKRW for hedging bilateral trade exposure, implementing speculative strategies based on yield and macro differentials, and managing currency risk within diversified investment portfolios.
JPYKRW Chart
JPYKRW FAQ
What is the current JPY/KRW price?
The current rate is ₩9.462132, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the JPY/KRW rate changed today?
The rate has changed by +0.025361 (+0.2687%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₩9.436771, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is JPY/KRW moving up or down?
Movements in JPY/KRW are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.2687%) is based on the difference between the current rate and the previous closing rate.
Is JPY/KRW trending up or down right now?
If the current rate (₩9.462132) is above the previous close (₩9.436771), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for JPY/KRW directly on this page.
