JPY to GBP mid-rate = 0.006848
Right now the JPY/GBP market mid-rate is 0.006848 and represents ideally how many British Pound Sterling you can get for one Japanese Yen.
You can calculate equivalent Japanese Yen to British Pound Sterling currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for JPY to GBP transfers or buying GBP travel money.
Currency Converter JPY to GBP
British Pound Sterling
|1 JPY||0.0068 GBP|
|5 JPY||0.0342 GBP|
|10 JPY||0.0685 GBP|
|20 JPY||0.1370 GBP|
|50 JPY||0.3424 GBP|
|100 JPY||0.6848 GBP|
|250 JPY||1.7120 GBP|
|500 JPY||3.4240 GBP|
|1,000 JPY||6.8480 GBP|
|2,000 JPY||13.70 GBP|
|5,000 JPY||34.24 GBP|
|10,000 JPY||68.48 GBP|
|50,000 JPY||342.40 GBP|
British Pound Sterling
|146.03 JPY||1 GBP|
|730.17 JPY||5 GBP|
|1,460.35 JPY||10 GBP|
|2,920.69 JPY||20 GBP|
|7,301.73 JPY||50 GBP|
|14,603.46 JPY||100 GBP|
|36,508.65 JPY||250 GBP|
|73,017.30 JPY||500 GBP|
|146,034.60 JPY||1,000 GBP|
|292,069.20 JPY||2,000 GBP|
|730,173.00 JPY||5,000 GBP|
|1,460,346.00 JPY||10,000 GBP|
|7,301,730.00 JPY||50,000 GBP|
|GBP Country Guides|
|United Kingdom||Guernsey||Isle of Man|
|Jersey||South Georgia And South Sandwich Islands|
Japanese Yen to British Pound Sterling (JPY-GBP) - 10 Year History
The below table shows the historic variation in the JPY/GBP exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.
|14 Oct 2018||0.006801||1 Week|
|21 Sep 2018||0.006796||1 Month|
|24 Apr 2018||0.006568||6 Months|
|21 Oct 2017||0.006679||1 Year|
|21 Oct 2016||0.007876||2 Years|
|22 Oct 2013||0.006283||5 Years|
|23 Oct 2008||0.006372||10 Years|
The three things you need in order to get a good JPY to GBP exchange rate
- Know the latest JPY/GBP market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
licensed FX providers, remember to compare
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.
- Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Transaction Costs - Margins and Fees for JPY/GBP Transfers and Currency 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.
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
Average Bank Rate
Rate timestamp : 1:25 Local
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.
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 must always be quoted in comparison to a second 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
The yen has fallen steadily against the US dollar since March. By October 1st, the day of this report, it had reached a ten-month low of ¥114, mainly as monetary policies in the US and Japan continue to diverge. The yen also fell to an eight-month low versus the trade deal-boosted Canadian dollar (¥89.17) but was largely unchanged in the March-September period against other major currencies.
With Japanese monetary policy remaining dull and extremely loose (Japan continues to pursue inflation via extremely low interest rates), the source of yen upside for the remainder of 2018 is likely to be restricted to possible event risk, which might come in the form of a no-deal Brexit, negative political developments in Italy or heightened trade tensions between the US and China.
In October, Japanese Prime Minister Shinzo Abe stands in an LDP leadership contest. Should Abe fail in his bid to secure a third term as leader (highly unlikely), the yen would gain on speculation of a change in economic policies.
In October, Citibank offered 6-12-month yen forecasts of ¥114 to the US dollar, unchanged on its rate at the time of writing, and ¥128 to the euro—¥131.3 as of writing.
British Pound Sterling (GBP) - Market news and forecasts
Between April and August, the pound slumped as a “no deal” Brexit became increasingly likely. It fell 12 percent against the US dollar to $1.266 and by around 5 percent against the less volatile euro, to €1.10.
By early October, the British currency had made back around a quarter of the aforementioned loss against the dollar, to $1.31, and around half against the euro, to €1.139, but it remained vulnerable to Brexit-related news flow.
On the monetary policy front, the Bank of England finally raised UK interest rates in August, to 0.75 percent, but any support this lent to the pound at the time was limited due to suggestions from an outgoing member of the BOE that rates will need to stay low for two decades.
In October, Credit Agricole were still advising clients to “avoid GBP,” citing Brexit uncertainty.
In September, Citibank offered a GBP/USD 6-12-month forecast of $1.21.
Why can't I just get the same JPY/GBP market rate I see on Google or in the Media?
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.
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.