1. Exchange Rates
  2. Peruvian Nuevo sol (PEN)
  3. Japanese yen (JPY)

Convert PEN to JPY at Best Exchange Rates


There are three amounts that you need to understand if you are to have any chance of getting the best possible PEN to JPY rate, these are :

  1. The PEN/JPY foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 Peruvian Nuevo sol equals
Japanese yen 1=


Right now the PEN/JPY market rate is and represents how many Japanese yen you can get for one Peruvian Nuevo sol. You can calculate with the current mid-rate using our PEN to JPY calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.



Why can't I just get the same PEN/JPY market rate I see on Google or in the Media?

When you look up the current Peruvian Nuevo sol to Japanese yen exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great PEN to JPY mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below PEN to JPY calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Peruvian Nuevo sol cross rates and reviews of leading foreign exchange providers versus the Banks.

PEN to JPY mid-rate calculator

S/.
¥
1 PEN equals
JPY 1PEN=JPY


Compare rates for: Currency Exchange or Foreign Transfers
Loading PEN/JPY Chart

Japanese yen - market update

The Japanese yen spent much of 2017 trading up and down between 108 and 115 per US dollar, but has been the best performing G10 currency in early 2018. In the first seven weeks of the year, USD/JPY fell 6% to 106.11, marking the yen’s strongest level against the dollar in fifteen months.

The yen has also made back ground against the euro, strengthening by mid-February to rates in the low 132s; however, the yen remains weak against the euro by recent standards – EUR/JPY had been as low as 109.2 in mid-2016.

The yen’s strength in early 2018 will have surprised analysts at UBS. Entering the new year, the bank predicted that the yen would do worst of all the FX majors this year on the grounds that Shinzo Abe’s re-election in 2017 would likley mean a continuation of extremely loose monetary policy in Japan. UBS believed that the yen would weaken to levels above 115 per dollar.

“Analysts have struggled to explain why the yen is rising,” said the Financial Times in February, especially when the differential between US and Japanese interest rates continues to widen in favour of the dollar.

“I think [the reason for yen strength] is more technical,” said Citi analyst Koichi Kano.

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