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Japanese Yen to Indian Rupee - Calculate Compare Save

JPY to INR mid-rate = 0.6327

Right now the JPY/INR market mid-rate is 0.6327 and represents ideally how many Indian Rupee you can get for one Japanese Yen (21-08-2018 06:26:26 GMT) .

You can calculate equivalent currency amounts at this mid-rate below. Then select the transaction type to compare the best exchange rates available for JPY to INR transfers or buying INR travel money.


Currency Converter JPY to INR

1 JPY equals
0.6327 INR 1INR= 1.5806 JPY

Compare how much you can save on exchange rates for:

Foreign Transfers   

Get fee-free global money transfers with our partner OFX
When sending JPY to INR we recommend our global partner WorldRemitWorldRemit
3 Month JPY/INR Chart
JPY-INR 3 Month chart

Japanese Yen

Indian Rupee

1 JPY 0.6327 INR
5 JPY 3.1635 INR
10 JPY 6.3270 INR
20 JPY 12.65 INR
50 JPY 31.64 INR
100 JPY 63.27 INR
250 JPY 158.18 INR
500 JPY 316.35 INR
1,000 JPY 632.70 INR
2,000 JPY 1,265.40 INR
5,000 JPY 3,163.50 INR
10,000 JPY 6,327.00 INR
50,000 JPY 31,635.00 INR

Japanese Yen

Indian Rupee

1.5806 JPY 1 INR
7.9030 JPY 5 INR
15.81 JPY 10 INR
31.61 JPY 20 INR
79.03 JPY 50 INR
158.06 JPY 100 INR
395.15 JPY 250 INR
790.30 JPY 500 INR
1,580.60 JPY 1,000 INR
3,161.20 JPY 2,000 INR
7,903.00 JPY 5,000 INR
15,806.00 JPY 10,000 INR
79,030.00 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
12 Aug 20180.62451 Week
20 Jul 20180.61701 Month
20 Feb 20180.60416 Months
19 Aug 20170.58681 Year
19 Aug 20160.66932 Years
20 Aug 20130.65015 Years
21 Aug 20080.400710 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 RateMargin
OFX logo OFX
¥00.62865₹62,865 INR1%
ジャスコ JUSCO  logo ジャスコ JUSCO
¥10000.603885₹59,785 INR5.85%
Average Bank Rate
Citibank logo  HSBC logo  ジャスコ JUSCO  logo 
¥150.5911₹58,881.33 INR7.27%
¥1500.587473₹58,659 INR7.62%
Citibank logo Citibank
¥120.582073₹58,200 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: ₹62,865 INR
Exchange Rate: 0.628650
(Inverse 1INR=JPY 1.5907)
Fees: ¥0
Total Cost : 1% (from mid-rate: 0.6350)
This is the amount of money that could be received by your transfer at rate JPY/INR=0.62865 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: ₹59,785 INR
Exchange Rate: 0.603885
(Inverse 1INR=JPY 1.6559)
Fees: ¥1000
Total Cost : 5.85% (from mid-rate: 0.6350)
Receive INR ₹3,080 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.603885 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: ₹58,881.33 INR
Exchange Rate: 0.594074
(Inverse 1INR=JPY 1.6833)
Fees: ¥15
Total Cost : 7.27% (from mid-rate: 0.6350)
Receive INR ₹3,984 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.5911 and inclusive of the fee of ¥15.
Rate available to HSBC Online Banking customers only.

Price Details
Receive: ₹58,659 INR
Exchange Rate: 0.587473
(Inverse 1INR=JPY 1.7022)
Fees: ¥150
Total Cost : 7.62% (from mid-rate: 0.6350)
Receive INR ₹4,206 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.587473 and inclusive of the fee of ¥150.
Citibank logo Citibank
Rate available to Citibank customers via online banking.
Price Details
Receive: ₹58,200 INR
Exchange Rate: 0.582073
(Inverse 1INR=JPY 1.7180)
Fees: ¥12
Total Cost : 8.35% (from mid-rate: 0.6350)
Receive INR ₹4,665 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/INR=0.582073 and inclusive of the fee of ¥12.
% Margins to latest JPY/INR mid-rate: 0.6350
Rates @ 08/21/2018

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

Approaching the middle of August, the yen is the best performing currency of the year. Although it holds only a modest 1.7 percent gain over the US dollar (110.81) year-to-date, it's up handsomely elsewhere. Versus the Australian dollar (80.92), euro (126.43) and pound (141.60), the yen has gained an average of 8 percent.

The yen has been widely sought by investors in recent months due to its safe haven status. Investors have become more risk averse following chaos in emerging markets, led by Turkey and Argentina, and Washington’s massive tariffs on imported goods, which threaten global trade. The yen has also benefitted from speculation that the Bank of Japan will soon make changes to its ultra-loose monetary policy. Although low by international standards, yields on Japanese government bonds have risen to long-term highs and are now double 2017 averages.

In August, SEB was forecasting end-of-September rates of: EUR/JPY, 122; USD/JPY, 111; AUD/JPY, 82.

Indian Rupee (INR) - Market news and forecasts

The Indian rupee has been under significant pressure in 2018. Versus the dollar, it stood in mid-July at levels in the low 68s, down 6.5 percent on the year and at historically weak levels (all-time low is at 69.52). However, in July, forecasters became more optimistic on the rupee’s prospects.

Emirates NBD – among the most accurate rupee forecasters according to Bloomberg – said in July that the rupee would likely strengthen to 67 per dollar by year-end. Factors weighing on the rupee might have run their course, Emirates said.

Weighing on the rupee had been the strong dollar, but the dollar bull run might be nearing an end; and high oil prices, but these slumped in mid-July amid increased supply.

Supporting the rupee will be additional interest rate hikes by the Reserve Bank of India, thinks HSBC. In June, the RBI raised rates for the first time in four years in order to rein in above-target inflation.

The rupee would likely depreciate to new all-time lows upon the development of a full-blown global trade war, which appeared possible in July after massive US tariffs were proposed.

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.