BER Benchmark: MUFG Bank JPY FX Rates & Margins
BER Benchmark monitors MUFG Bank exchange rates across the JPY currency corridors tracked by BER. The current average margin versus the mid-market rate is 4.1%.
This average is based on the JPY 10,000 transfer rates currently monitored by BER across the available MUFG Bank currency corridors.
MUFG Bank - Lowest and Highest FX Margins
BER Benchmark ranks the MUFG Bank currency corridors currently monitored for Japanese yen transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a JPY 10,000 transaction.
How BER reads MUFG Bank's rate table
For Japanese yen converted into foreign currency, BER uses MUFG's published TTS rate. For foreign currency converted into yen, BER uses TTB.
MUFG quotes Indonesian rupiah and Korean won per 100 currency units; BER converts those rows to a one-unit basis. The current Indonesian-rupiah row has no usable outbound TTS value, so BER treats it as inbound-only.
MUFG Bank exchange-rate questions
Are per-100-unit currencies comparable?
Yes. BER divides MUFG's IDR and KRW source quotes by 100 before calculating customer rates.
Why are SAR and offshore yuan absent?
MUFG currently leaves the SAR rate fields unpublished. Its CNY row is identified by the bank as offshore yuan, so BER excludes it instead of treating it as onshore CNY.
Are the published rates guaranteed?
No. The table is a dated published rate source; the applicable transaction rate and charges should be confirmed with MUFG.
What is the
MUFG Bank Send Money conversion rate for JPY to ZAR?
The MUFG Bank JPY to ZAR exchange rate is 0.0881. This is -13.2% compared to the latest JPY-ZAR mid-market rate 0.1015.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Japanese yen (JPY) to South African rand (ZAR) rates from different sources before making a conversion.
The above MUFG Bank - Yen to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by MUFG Bank and other foreign exchange providers against the latest JPY-ZAR mid-rate and the possible savings of using various providers.