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Japanese Yen to Indian Rupee - Calculate Compare Save

JPY to INR mid-rate = 0.6546

Right now the JPY/INR market mid-rate is 0.6546 and represents ideally how many Indian Rupee you can get for one Japanese Yen.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

You can calculate equivalent Japanese Yen to Indian Rupee currency amounts (at mid-rate) below.


Currency Converter JPY to INR


1 Japanese Yen equals
0.6546 Indian Rupee
1INR= 1.5277 JPY

Compare how much you can save on exchange rates for:

Foreign Transfers   

When sending JPY to INR we recommend: WorldRemit WorldRemit

3 Month JPY/INR Chart
JPY-INR 3 Month chart

Japanese Yen

Indian Rupee

1 JPY 0.6546 INR
5 JPY 3.2730 INR
10 JPY 6.5460 INR
20 JPY 13.09 INR
50 JPY 32.73 INR
100 JPY 65.46 INR
250 JPY 163.65 INR
500 JPY 327.30 INR
1,000 JPY 654.60 INR
2,000 JPY 1,309.20 INR
5,000 JPY 3,273.00 INR
10,000 JPY 6,546.00 INR
50,000 JPY 32,730.00 INR

Japanese Yen

Indian Rupee

1.5277 JPY 1 INR
7.6385 JPY 5 INR
15.28 JPY 10 INR
30.55 JPY 20 INR
76.39 JPY 50 INR
152.77 JPY 100 INR
381.93 JPY 250 INR
763.85 JPY 500 INR
1,527.70 JPY 1,000 INR
3,055.40 JPY 2,000 INR
7,638.50 JPY 5,000 INR
15,277.00 JPY 10,000 INR
76,385.00 JPY 50,000 INR

INR Country Guides

Japanese Yen to Indian Rupee (JPY-INR) - 10 Year History

The below table shows the historic variation in the JPY/INR 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.

DateExchange RatePeriod
14 Oct 20180.65671 Week
21 Sep 20180.64151 Month
24 Apr 20180.61056 Months
21 Oct 20170.57371 Year
21 Oct 20160.64442 Years
22 Oct 20130.62655 Years
23 Oct 20080.513210 Years

The three things you need in order to get a good JPY to INR exchange rate

  1. Know the latest JPY/INR 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.
  2. Compare your Bank's transaction costs to several 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.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Transaction Costs - Margins and Fees for JPY/INR 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 INR.

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

Compare Foreign Transfers

Sending JPY 100,000 to INR

ProviderRatingFeesExchange Rate*Cost%
OFX logo OFX
¥00.62172₹62,172 INR1%
ジャスコ JUSCO  logo ジャスコ JUSCO
¥10000.597228₹59,126 INR5.85%
Average Bank Rate
Citibank logo  HSBC logo  ジャスコ JUSCO  logo 
¥150.5846₹58,232.67 INR7.27%
¥1500.580997₹58,013 INR7.62%
Citibank logo Citibank
¥120.575656₹57,559 INR8.35%
OFX logo OFX
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: ₹62,172 INR
Exchange Rate: 0.621720
(Inverse 1INR=JPY 1.6084)
Fees: ¥0
Total Cost : 1% (from mid-rate: 0.6280)
This is the amount of money that could be received by your transfer at rate JPY/INR=0.62172 and inclusive of the fee of ¥0.
Rate timestamp : 1:27 Local
ジャスコ JUSCO  logo ジャスコ JUSCO

Price Details
Receive: ₹59,126 INR
Exchange Rate: 0.597228
(Inverse 1INR=JPY 1.6744)
Fees: ¥1000
Total Cost : 5.85% (from mid-rate: 0.6280)
₹3,046 INR less than using OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.597228 and inclusive of the fee of ¥1000.
Average Bank Rate
Citibank logo  HSBC logo  ジャスコ JUSCO  logo 
This is the average JPY to INR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

Price Details
Receive: ₹58,232.67 INR
Exchange Rate: 0.587525
(Inverse 1INR=JPY 1.7021)
Fees: ¥15
Total Cost : 7.27% (from mid-rate: 0.6280)
₹3,939 INR less than using OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.5846 and inclusive of the fee of ¥15.
Rate available to HSBC Online Banking customers only.

Price Details
Receive: ₹58,013 INR
Exchange Rate: 0.580997
(Inverse 1INR=JPY 1.7212)
Fees: ¥150
Total Cost : 7.62% (from mid-rate: 0.6280)
₹4,159 INR less than using OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.580997 and inclusive of the fee of ¥150.
Citibank logo Citibank
Rate available to Citibank customers via online banking.
Price Details
Receive: ₹57,559 INR
Exchange Rate: 0.575656
(Inverse 1INR=JPY 1.7371)
Fees: ¥12
Total Cost : 8.35% (from mid-rate: 0.6280)
₹4,613 INR less than using OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.575656 and inclusive of the fee of ¥12.

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 Indian Rupee

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 INR, you should pay attention to both Japanese Yen and Indian Rupee 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.

Indian Rupee (INR) - Market news and forecasts

Like other emerging market currencies, the Indian rupee has been under significant pressure in 2018. It made an all-time low in mid-September of 72.9 to the dollar and fell to a three-year low versus the euro, which fetched 84.5 rupees. The rupee at least held the major 52 level versus the Australian dollar.

Major problems for the rupee in 2018 have been the high price of oil, which raises India’s import bill substantially; negativity on emerging markets, driven by the summer’s currency crises in Argentina and Turkey; and higher US interest rates, which drive capital away from high-rate-paying countries like India.

An analyst at ING said in September that he saw “no strong reasons why this trend [of rupee depreciation] should reverse soon.”

Although it is probable that interest rates will be raised further in India in the coming months as a means of limiting currency weakness, some analysts remain skeptical on how supportive these rate hikes will be given other factors.

Natixis, like ING, said in September that it was bearish on emerging market currencies, including the Indian rupee.

Why can't I just get the same JPY/INR market rate I see on Google or in the Media?

The JPY/INR 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 / INR was traded (bought or sold) in the international markets.

When you look up the current Japanese Yen to Indian Rupee 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 INR 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 INR 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.