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    MXN to JPY Exchange Rates

    Compare & Save on Mexican peso to Japanese yen FX rates - Check MXN/JPY Trends and Forecasts.

    1 MXN =
    5.5097We compare provider deals to this wholesale mid-market rate. Read more
    Sell MXN   →   Buy JPY
    MXN to JPY at 5.5126 is near average of its 90-day range 5.1720-5.6724.
    Track Rate
      1 JPY = 0.1815 MXN
    MXN/JPY wasPeriod
    11 Jan 2022
    2 Weeks
    27 Oct 2021
    90 Days
    25 Jan 2021
    1 Year
    26 Jan 2017
    5 Years
    28 Jan 2012
    10 Years
    30 Jan 2002
    20 Years
    MXN/JPY historic rates

    In 2021, the Japanese yen lost almost 10 percent versus the greenback, weakening from 104 to 114 versus USD.

    Being a safe-haven currency JPY always enjoys a drop when risk sentiment improves, which typically means losses for JPY against other major currencies.

     JPY Outlook

    The peso fortunes are connected to the oil market with oil high on the list of Mexico’s top exports.

    US interest also affect the peso because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

    Cash remittances to South America have defied predictions of a large Covid related drop. The World Bank predicted that cash transfers from immigrants in the U.S. to family in Latin America would plummet 19% due to the pandemic however remittance levels have been surging.


    MXN to JPY - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.


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    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest MXN to JPY Exchange Rate (shown above) or a transaction fee and often both!


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    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.


    How to get a good MXN to JPY Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    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).

    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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Japan.


    Will the Mexican peso rise against the Japanese yen?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add MXN/JPY to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.


    Rate Tracker


    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.