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  1. Exchange Rates
  2. Japanese yen (JPY)
  3. British pound sterling (GBP)

Convert JPY to GBP at Best Exchange Rates

1 Japanese yen equals
British pound sterling 1JPY=GBP

There are three simple steps you need to take in order to get a good JPY-GBP exchange rate:

  1. Know the latest JPY to GBP market mid-rate shown above - this is your starting point!
  2. Compare your Bank's exchange rates to several licensed FX providers, remember to compare both the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the Japanese yen and British pound sterling currencies, if available.

1. Market JPY/GBP mid-rate

Right now the JPY/GBP market rate is and represents how many British pound sterling you can get for one Japanese yen.

Calculate equivalent currency amounts with this JPY to GBP currency converter then select the transaction type to compare the best exchange rates available.


Currency Converter JPY to GBP

¥
£
1 JPY equals
GBP 1JPY=GBP
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When sending JPY to GBP we recommend our global partner WorldRemitWorldRemit
1 Week JPY/GBP Chart
JPY-GBP 1 Week chart

Japanese yen to British pound sterling (JPY-GBP) - 10 Year History

DateExchange RatePeriod
10 Jun 20180.0068111 Week
18 May 20180.0067001 Month
19 Dec 20170.0066116 Months
17 Jun 20170.0070591 Year
17 Jun 20160.0066802 Years
18 Jun 20130.0067105 Years
19 Jun 20080.00470110 Years

The JPY/GBP mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the JPY / GBP was traded (bought or sold) in the international markets.

The closer your final exchange rate is to the market / midrate the better deal you are getting.

2. Transaction Costs - Margins and Fees for JPY/GBP Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

JPY to GBP Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from JPY to GBP.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending JPY 100,000 to GBP

OFX logo OFX
1JPY=0.006836GBP
£683.60 GBP (1%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: £683.60 GBP
Exchange Rate: 0.006836
(Inverse 1GBP=JPY 146.2844)
Fees: JPY 0
Total Cost : 1% (from mid-rate: 0.006905)
This is the amount of money that could be received by your transfer at rate JPY/GBP=0.006836 and inclusive of the fee of JPY 0.
Rate timestamp : 13:23 Local
ジャスコ JUSCO  logo ジャスコ JUSCO
1JPY=0.006567GBP
£650.13 GBP (5.85%)
 
Price Details
Receive: £650.13 GBP
Exchange Rate: 0.006567
(Inverse 1GBP=JPY 152.2765)
Fees: JPY 1000 (1%)
Total Cost : 5.85% (from mid-rate: 0.006905)
Receive GBP £33 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/GBP=0.006567 and inclusive of the fee of JPY 1000 (1%).
Bank Rates - Average
1JPY=0.00646GBP
£645.90 GBP (6.46%)
This is the average JPY to GBP International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: £645.90 GBP
Exchange Rate: 0.006460
(Inverse 1GBP=JPY 154.7988)
Fees: JPY 15
Total Cost : 6.46% (from mid-rate: 0.006905)
Receive GBP £38 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/GBP=0.00646 and inclusive of the fee of JPY 15.

Travel Money JPY to GBP - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.


Buy Travel Money from Travelex

Our other partners aren't publishing any live JPY/GBP rates right now.

You can calculate with the latest JPY/GBP market rate (Interbank mid-rate).


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 JPY/GBP market rate I see on Google or in the Media?

When you look up the current Japanese yen to British pound sterling 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 JPY to GBP 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 our JPY to GBP currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific Japanese yen cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Japanese yen and British pound sterling

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the JPY vs GBP, you should pay attention to both Japanese yen and British pound sterling news and forecasts.

Japanese yen (JPY) - Market news and forecasts

A loss in April of nearly 3 percent relative to the dollar marked the yen’s worst monthly performance since November 2016. But even with that said, approaching the end of May, the yen was the best performing G10 currency of the year. USD/JPY traded in the mid-109s and EUR/JPY in the mid-127s.

Factors affecting the yen’s value in May included political instability in Europe (supportive of the yen), the recoupling of the dollar with US interest rate expectations (negative for the yen versus the dollar), and the announcement by Washington that it would be scrutinizing automobile imports, which is to say the return of global trade tensions (supportive of the yen).

The medium-term outlook for the yen is good, says Citibank, based on the potential in Japan for normalization of monetary policy. Citibank is forecasting a USD/JPY rate of 105 within 6-12 months.

British pound sterling (GBP) - Market news and forecasts

The pound will buy 1.41 dollars in the second half of 2019, according to the median estimate of 50 FX analysts polled by Reuters in June – a rate 5 percent higher than those at the time of writing (June 8th) near 1.34 dollars.

If the forecast proves accurate, this would mean that by the time Britain leaves the European Union next March, it will have recouped most of its post-Brexit losses. Britain’s currency averaged 1.45 dollars in the six-months leading up to the EU referendum in June 2016.

Results from the Reuters poll suggest that most analysts expect Britain to achieve a good divorce deal with the EU.

However, expectations are lower than they once were. In April, when a rate hike by the Bank of England seemed imminent, the twelve-month median forecast of analysts stood at 1.44. Expectations for a rate hike were shattered (now expected in August) after BoE Governor Mark Carney gave dovish remarks to the BBC and after a string of disappointing economic data, including quarterly UK economic growth at just 0.1 percent – a five-year low.

Against the euro, sterling was little changed between September ‘17 and June ’18 (it was marginally higher), at levels close to 1.14 euros.


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