The cyclotron is an apparatus used for the production of radioactive isotopes through nuclear reactions, resulting in the inevitable emission of neutrons. Consequently, surrounding components become activated. The purpose of this study was to investigate the radiological characteristics of Havar foil, a periodic replacement part of the Targetry system. In this study, radioactivity and radiation dose were calculated based on the time of Havar foil replacement and equipment dismantling. The time to dismantle the equipment was set at one year after the equipment was shut down, based on the recently used 1g of Havar foil. All simulations were performed using the FLUKA program. First, in the simulation results, 11 elements (Re, W, Tc, Nb, Cu, Ni, Co, Fe, Mn, Cr, V) were converted into 36 radioisotopes by activation based on the replacement period. Based on radioactivity levels, major isotopes included 52Mn (77.63%), 56Co (13.36%), 96Tc (2.4%), and 95Tc (1.80%). Based on radiation dose rates, 52Mn (82.66%) and 56Co (13.45%) exhibited the highest levels. Furthermore, the dose rates at distances of 10 cm, 50 cm, and 100 cm were found to be 1.36E+1 mSv/hr, 2.24E+00 mSv/hr, and 8.80E-01 mSv/hr, respectively. Second, as of the time the equipment was dismantled, 20 radioactive isotopes of 10 elements, excluding short-lived nuclides, were generated. In terms of radioactivity, 56Co (45.83%), 55Fe (19.73%), 57Co (14.48%), and 54Mn (13.50%) were prominent. Regarding radiation dose rates, 56Co (92%) and 54Mn (7.32%) exhibited higher levels. Dose rates at distances of 10 cm, 50 cm, and 100 cm were calculated at 5.31E-01 mSv/hr, 8.80E-02 mSv/hr, and 3.47 E-02 mSv/hr, respectively. Third, according to the radioactive waste classification standards in the replacement and decommissioning stages, Havar foil was predicted to be low-level radioactive waste in terms of radioactivity. In addition, it was derived that a cooling period of approximately 12 years is necessary to satisfy the allowable dose for clearance level waste. In conclusion, Havar foil, which is periodically generated as radioactive waste, can cause radiation exposure to replacement workers. Therefore, special and careful management is required for the Havar foil of the cyclotron.