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JPY/USD - Convert Compare Save

Japanese Yen to United States Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Japanese Yen to United States Dollar exchange rate, has news, forecasts and JPY to USD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

JPY/USD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for JPY/USD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

JPY to USD International Money Transfers

  

Foreign Transfer ProvidersReceive USD($)Exchange RateFee JPYTotal CostDeal Links
OFX logo
928.60 USD0.0092860 for BER users (normally $15)1.2%
HSBC logo
886.67 USD0.00888¥1505.66%
ジャスコ JUSCO International Money Transfers
ジャスコ JUSCO  logo
884.86 USD0.008938¥10005.86%
Banks - Average Rate
Citibank logo HSBC logo ジャスコ JUSCO  logo
883.74 USD0.008872155.98%
Citibank International Money Transfers
Citibank logo
879.69 USD0.008798126.41%
 
OFX: Foreign Transfer JPY→USD
JPY amount:¥100,000 JPY
Fee:0 for BER users (normally $15)
Exchange Rate:0.009286 (1.2% from mid-rate)
USD amount:928.60 USD
Total Cost:1.2%
Time:
Rate Fetched: 1:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer JPY→USD
JPY amount:¥100,000 JPY
Fee:¥150 JPY (.15%)
Exchange Rate:0.008880 (5.52% from mid-rate)
USD amount:886.67 USD
Total Cost:5.66%
Difference:
42 USD less than using OFX
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

ジャスコ JUSCO  logoジャスコ JUSCO

ジャスコ JUSCO : Foreign Transfer JPY→USD
JPY amount:¥100,000 JPY
Fee:¥1000 JPY (1%)
Exchange Rate:0.008938 (4.9% from mid-rate)
USD amount:884.86 USD
Total Cost:5.86%
Difference:
44 USD less than using OFX
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer JPY→USD
JPY amount:¥100,000 JPY
Fee:15
Exchange Rate:0.008979 (4.47% from mid-rate)
USD amount:883.74 USD
Total Cost:5.98%
Difference:
45 USD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Citibank logoCitibank

Citibank: Foreign Transfer JPY→USD
JPY amount:¥100,000 JPY
Fee:12
Exchange Rate:0.008798 (6.39% from mid-rate)
USD amount:879.69 USD
Total Cost:6.41%
Difference:
49 USD less than using OFX
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/19/2019 - See full table

JPY to USD interbank exchange rate = 0.00939

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on JPY/USD exchange rates

Foreign Transfers

Foreign Transfers Travel Money

   

JPYUSD blended flags

JPY and USD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the JPY vs USD, you should pay attention to the recent market trends for both currencies.

 

Japanese Yen (JPY)

The yen was the star performer in the weeks leading up to this report (May-17), with appreciation driven by a flight to safety following a serious escalation in the US-China trade war. The benchmark yen rate, USD/JPY, was down in the mid-109s, having been as high as 112.4 in late April. Relatively speaking, against their April highs, other yen rates had fallen even more (NZD/JPY was down from 76 to 71.6).

In May, HSBC warned against thinking that yen-supporting safe-haven flows would soon stop, implying that the yen could have more upside potential in the near term. The bank highlighted the “desolation and destruction” (an exaggeration) present in many major economies and currencies. “You can never get too high,” the bank’s chief analyst said.

Read more in the article JPY Forecasts.

 

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.

Why can't I just get the JPY/USD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the JPY / USD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

JPYUSD blended flags

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

We help you Compare & Save Money on Exchange Rates.

 

View all JPY Exchange Rates