Osaka Drugstore vs Seoul Olive Young Skincare Prices, Converted at October 2026's Weak Yen Rate
At 3:30 p.m. on October 12, 2026, Hana Bank's quoted exchange rate stood at 843.29 won per 100 yen. At this rate, Hada Labo Gokujyun Lotion 170ml (902 yen, about 7,606 won) and Senka Perfect Whip Collagen in 120g (657 yen, about 5,540 won) from Matsumoto Kiyoshi's Osaka online store both come in cheaper than their Olive Young Seoul prices (11,900 won and 10,800 won, respectively). Same brand, same volume, yet the price gap runs from the 4,000 won range to the 5,000 won range per item.
843.29 Won per 100 Yen: The Weak Yen of October 2026
An Insight article reports that Hana Bank's quoted exchange rate had fallen to 843.29 won per 100 yen as of 3:30 p.m. on October 12, 2026. The same article notes that the won to yen rate, which started the year in the high 900s per 100 yen, had dropped to its lowest level in one year and eight months.
This 843.29 won figure is the interbank trading rate. When buying or selling physical yen at an airport or bank counter, each bank adds its own spread on top of this figure, so the amount you actually pay during currency exchange will be shown as higher. All price conversions below apply this 843.29 won rate.
Hada Labo Gokujyun Lotion 170ml: 902 Yen in Osaka vs 11,900 Won in Seoul
Matsukiyo Cocokara Online, the official online store of Matsumoto Kiyoshi in Osaka, lists Hada Labo Gokujyun Hyaluronic Acid Lotion N 170ml (JAN code 4987241155712, 하다라보 극윤 히알루론액N in Korean) at 820 yen before tax, or 902 yen including tax. The same product is sold in Korea as Gokujyun Lotion, and as of October 14, 2026, Olive Young's official Hada Labo brand store prices [Deep Moisture Barrier Toner] Hada Labo Gokujyun Lotion 170mL at 11,900 won, a 30 percent discount off its list price of 17,000 won (eligible for same-day delivery).
Converting 902 yen at 843.29 won per 100 yen comes to about 7,606 won. That leaves a gap of 4,294 won against the Olive Young discounted price of 11,900 won, meaning the Osaka price is only 63.9 percent of the Seoul discounted price. Compared against Olive Young's list price of 17,000 won, the gap widens to 9,394 won.
The Matsumoto Kiyoshi online store's product page notes that this price applies to online sales and may differ from in-store pricing. Shelf prices at Osaka stores in areas like Dotonbori and Shinsaibashi may vary slightly from the online price.
Senka Perfect Whip Collagen in 120g: 657 Yen in Osaka vs 10,800 Won in Seoul
On the same Matsumoto Kiyoshi online store, Shiseido Senka Perfect Whip Collagen in 120g (JAN 4550516474582) is listed at 598 yen before tax, or 657 yen including tax. On Olive Young's official Seoul product page, the same product, Senka Perfect Whip Collagen in 120g, sells for 10,800 won.
Converting 657 yen at 843.29 won per 100 yen comes to about 5,540 won. That leaves a gap of 5,260 won against the Olive Young price of 10,800 won, putting the Osaka price at 51.3 percent of the Seoul price, or 48.7 percent lower.
Combined Price Gap for Both Products: Osaka Comes In 9,554 Won Lower
| Product | Osaka Listed Price | Converted to Won | Seoul Olive Young | Difference |
|---|---|---|---|---|
| Hada Labo Gokujyun Lotion 170ml | 902 yen | about 7,606 won | 11,900 won | 4,294 won |
| Senka Perfect Whip Collagen in 120g | 657 yen | about 5,540 won | 10,800 won | 5,260 won |
| Total | 1,559 yen | about 13,146 won | 22,700 won | 9,554 won |
Buying both products together in Osaka costs 57.9 percent of the combined Olive Young discounted price in Seoul. Compared against Olive Young's combined list price (17,000 won plus 10,800 won equals 27,800 won), the gap grows to 14,654 won.
Even When the Rate Was Higher, in July, Osaka Was Still Cheaper
According to a Kyunghyang Shinmun article, the won to yen exchange rate in 2026 started the year at 918.6 won per 100 yen, climbed to around 958 won by July 2, then closed weekly trading at 888.25 won on July 31. Related coverage lays out this trend across the year.
Calculating the same Hada Labo Gokujyun Lotion price of 902 yen at these three points in time gives about 8,286 won at the start of the year, about 8,641 won on July 2, and about 8,012 won on July 31. Including the 7,606 won figure using the October 12 rate of 843.29 won, the price comes out lower than Olive Young's discounted price of 11,900 won at all four points in time. Even using the July 2 rate, when the yen was at its most expensive for the year, Osaka's price was still 3,259 won lower.
Sources: Kyunghyang Shinmun, Report on the 2026 Won to Yen Exchange Rate Trend
Sources: Olive Young's Official Hada Labo Brand Store
Sources: Olive Young's Official Product Page for Senka Perfect Whip Collagen in 120g
Sources: Matsukiyo Cocokara Online, Product Page for Hada Labo Gokujyun Hyaluronic Acid Lotion N 170ml
Sources: Matsukiyo Cocokara Online, Product Page for Senka Perfect Whip Collagen in 120g