Iran War and Yen Weakness: Yen Exchange Rate Breaks 160 Yen

The yen's value has fallen sharply due to the Iran War, with the exchange rate surpassing 160 yen for the first time in 1 year and 8 months.

Sat Mar 28 2026

Yen Exchange Rate Reaches 1-Year, 8-Month High

Following the aftermath of the Iran War, the yen exchange rate surged past 160 yen for the first time in 1 year and 8 months, demonstrating a steep upward trend. This indicator clearly illustrates the impact of international instability on the foreign exchange market. The weakening yen is expected to have complex effects on the Japanese economy.

Impact of Geopolitical Instability on Yen Value

The recent Iran War has spread apprehension throughout international financial markets. The unusual phenomenon of the yen, traditionally considered a safe-haven asset, actually depreciating, suggests an increasing influence of geopolitical risks on economic indicators. This is analyzed as a primary cause further deepening the yen's weakness.

*Source: 조선일보 (2026-03-28)*

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