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Easily convert JPY to KRW with ConvertOnline's efficient tool.
The Japanese Yen (JPY) is the official currency of Japan and is one of the most widely traded currencies in the world. It serves as a crucial component of the global financial system, often used as a reserve currency and a safe haven during times of economic uncertainty.
The South Korean Won (KRW) is the official currency of South Korea, introduced in 1945 to replace the Korean yen. It is a fiat currency, meaning its value is not backed by physical commodities but rather by the government that issues it. The Won is used for all transactions within South Korea and is subdivided into 100 jeon, though the use of jeon is largely obsolete in everyday transactions.