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Best INR to JPY Exchange Rates Compared Live

The best INR to JPY exchange rate is 1.8148. Compare foreign transfer and currency exchange rates, find better rates & deals.

INR-JPY Best Exchange Rate Calculator
 

Comparing INR-JPY exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Indian rupee (INR) to Japanese yen (JPY) rates from different sources before making a conversion.

The above Rupee to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest INR-JPY mid-rate (see below) and the possible savings of using another provider.

 
 

INR to JPY Market Data

Indian rupee (INR) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 INR =
1.8148We compare provider deals to this wholesale mid-market rate. Read more
JPY
-0.2%
📈3M
INR to JPY at 1.8149 is 1.8% above its 3-month average of 1.7825, having traded in a relatively stable 7.7% range from 1.6922 to 1.8220
|
Sell INR   â†’   Buy JPY
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DateINR/JPYPeriod
10 Mar 2024
1.7739
2 Week
25 Dec 2023
1.7102
3 Month
25 Mar 2023
1.5878
1 Year
26 Mar 2019
1.6012
5 Year
27 Mar 2014
1.6964
10 Year
29 Mar 2004
2.3930
20 Year
INR/JPY historic rates
 

What are equivalent amounts of INR and JPY?

Here are some popular conversion amounts for INR to JPY (Indian rupee to Japanese yen)*.

INR JPY
₹ 1 ¥ 1.8148
₹ 5 ¥ 9.0740
₹ 10 ¥ 18.15
₹ 20 ¥ 36.30
₹ 50 ¥ 90.74
₹ 100 ¥ 181.48
₹ 250 ¥ 453.70
₹ 500 ¥ 907.40
₹ 1,000 ¥ 1,815
₹ 2,000 ¥ 3,630
₹ 5,000 ¥ 9,074
₹ 10,000 ¥ 18,148
₹ 20,000 ¥ 36,296
₹ 50,000 ¥ 90,740
₹ 100,000 ¥ 181,480
INR JPY
0.5510 ¥ 1
2.7550 ¥ 5
5.5100 ¥ 10
11.02 ¥ 20
27.55 ¥ 50
55.10 ¥ 100
137.75 ¥ 250
275.50 ¥ 500
551.00 ¥ 1,000
1,102 ¥ 2,000
2,755 ¥ 5,000
5,510 ¥ 10,000
11,020 ¥ 20,000
27,550 ¥ 50,000
55,100 ¥ 100,000

More amounts

*Converted at the current INRJPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for INR to JPY

 

Based on recent forecasts and market updates, it is anticipated that the Indian Rupee (INR) to Japanese Yen (JPY) exchange rate may experience various influences in the near future. Analysts project that the Reserve Bank of India (RBI) is unlikely to implement any easing measures until 2024, which could lead to the USD to INR exchange rate fluctuating within the 82-84 range. This could maintain the current bullish trend for the INR. Factors such as elevated US Treasury yields, a weak yuan, and fluctuating crude oil prices are expected to impact the Rupee in the short term, with the potential for some moderation later on.

Read our full review of recent INR to JPY forecasts.

 

How to get a good INR to JPY exchange rate

There are several ways to save on exchange rates when converting Indian rupee to Japanese yen:

  1. Shop around for the best INR/JPY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the INR/JPY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both INR and JPY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Japanese yen with Indian rupee, then it's better for the INR/JPY exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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 foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Indian rupee rise against the Japanese yen?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add INR/JPY to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Japan - a practical currency and money guide to travel, living and doing business in Japan with the Japanese yen.

 
 
 

Currency Country Guides

JapanJapan (JPY)IndiaIndia (INR)
 

How is the cost of living in Japan?

The cost of living in Japan can vary depending on location, lifestyle, and individual needs. However, generally speaking, Japan is known to be one of the more expensive countries in the world, especially in terms of accommodation and transportation.

Accommodation costs, particularly in the big cities such as Tokyo and Osaka, can be quite high. Rent for apartments can be very expensive, and purchasing a home can be out of reach for many.

Read more at our Japan (JPY) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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