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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Japan can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Japan bank accounts or pay a Japanese yen invoice.
Mexican peso (MXN) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
MXN/USD Outlook: Bullish, as the rate is trading significantly above its recent average and near recent highs, supported by the Bank of Mexico's pause on rate cuts.
USD/JPY Outlook: Slightly weaker, but likely to move sideways as the rate is near its recent average and lacks a strong driver.
EUR/JPY Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a clear driver for further gains.
To help you understand the real-world value of the current exchange rate, the table below shows how much Mexican peso are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different MXN amounts at today’s rate * :
| MXN | JPY |
|---|---|
| Mex$ 1,000 | ¥ 8,967 |
| Mex$ 5,000 | ¥ 44,835 |
| Mex$ 20,000 | ¥ 179,340 |
| Mex$ 100,000 | ¥ 896,700 |
More amounts
*Converted at the current MXN-JPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best MXN to JPY exchange rate is 8.9222 from OFX . This is -0.5% compared to the mid-market rate 8.9670.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Mexican peso (MXN) to Japanese yen (JPY) rates from different sources before making a conversion.
The above Peso to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest MXN-JPY mid-rate and the possible savings of using various providers.
Looking at the full MXN to JPY - Send Money comparison table the provider with the best MXN to JPY exchange rate is OFX at 8.9222, -0.5% from the latest mid-market rate 8.9670.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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