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PHP to JPY - Compare Exchange Rates

Philippine Peso to Japanese Yen - Convert Compare Save

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


Compare PHP/JPY Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from PHP to JPY. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive JPY(¥)Exchange RateFee PHPTotal CostTransfer ServicesTransfer SpeedDeal Links
OFX logo
20,995 JPY2.099501.2%Bank Transfers - Online & Phone1-2 days
TorFX logo
20,985 JPY2.098501.25%Bank Transfers - Online & Phone1-2 days
HSBC International Money Transfers
HSBC logo
20,046 JPY2.0076₱155.67%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Citibank logo HSBC logo
19,957 JPY1.9984156.09%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
19,867 JPY1.9891126.51%Online, Branch, Bank Transfers2-3 days
OFX: Foreign Transfer PHP→JPY
PHP amount:10,000 PHP
Exchange Rate:2.0995 (1.2% from mid-rate)
JPY amount:20,995 JPY
Total Cost:1.2%
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
: 4.8/5.0
TorFX: Foreign Transfer PHP→JPY
PHP amount:10,000 PHP
Exchange Rate:2.0985 (1.25% from mid-rate)
JPY amount:20,985 JPY
Total Cost:1.25%
¥10 less than using OFX
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
: 4.7/5.0
HSBC: Foreign Transfer PHP→JPY
PHP amount:10,000 PHP
Fee:₱15 PHP (.15%)
Exchange Rate:2.0076 (5.52% from mid-rate)
JPY amount:20,046 JPY
Total Cost:5.67%
¥949 less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0

Banks - Average Rate
Citibank logo HSBC logo

Foreign Transfer PHP→JPY
PHP amount:10,000 PHP
Exchange Rate:2.0301 (4.47% from mid-rate)
JPY amount:19,957 JPY
Total Cost:6.09%
¥1,038 less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Citibank: Foreign Transfer PHP→JPY
PHP amount:10,000 PHP
Exchange Rate:1.9891 (6.4% from mid-rate)
JPY amount:19,867 JPY
Total Cost:6.51%
¥1,128 less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/20/2019

PHP to JPY mid-rate = 2.1324

Right now the PHP/JPY market mid-rate is 2.1324 and represents ideally how many Japanese Yen you can get for one Philippine Peso.

This PHP/JPY Converter calculates equivalent Philippine Peso to Japanese Yen amounts at the market mid-rate:

PHP / JPY mid-rate converter


1 Philippine Peso equals
2.1324 Japanese Yen

Compare how much you can save on
PHP/JPY exchange rates for:

Foreign Transfers

1 Week PHP to JPY Chart
Loading PHP/JPY rates
Sending to JPY we recommend: WorldRemit WorldRemit

Philippine Peso

Japanese Yen

1 PHP 2.1324 JPY
5 PHP 10.66 JPY
10 PHP 21.32 JPY
20 PHP 42.65 JPY
50 PHP 106.62 JPY
100 PHP 213.24 JPY
250 PHP 533.10 JPY
500 PHP 1,066.20 JPY
1,000 PHP 2,132.40 JPY
2,000 PHP 4,264.80 JPY
5,000 PHP 10,662.00 JPY
10,000 PHP 21,324.00 JPY
50,000 PHP 106,620.00 JPY
100,000 PHP 213,240.00 JPY
See more

Philippine Peso

Japanese Yen

0.4690 PHP 1 JPY
2.3450 PHP 5 JPY
4.6900 PHP 10 JPY
9.3800 PHP 20 JPY
23.45 PHP 50 JPY
46.90 PHP 100 JPY
117.25 PHP 250 JPY
234.50 PHP 500 JPY
469.00 PHP 1,000 JPY
938.00 PHP 2,000 JPY
2,345.00 PHP 5,000 JPY
4,690.00 PHP 10,000 JPY
23,450.00 PHP 50,000 JPY
46,900.00 PHP 100,000 JPY
See more

JPY Country Guides

Philippine Peso to Japanese Yen (PHP-JPY) - 10 Year History

The below table shows the historic variation in the PHP/JPY 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. You can also view our various charts of PHP versus other currencies : PHP historical charts.

DateExchange RatePeriod
10 Feb 20192.10581 Week
18 Jan 20192.08641 Month
21 Aug 20182.06296 Months
17 Feb 20182.03241 Year
17 Feb 20172.25522 Years
18 Feb 20142.29435 Years
19 Feb 20091.963610 Years

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

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

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.

The closer your final exchange rate is to the market PHP/JPY midrate the better deal you are getting.

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

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

  1. Know the latest PHP/JPY 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.

Currency news and forecasts for Philippine Peso and Japanese Yen

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the PHP vs JPY, you should pay attention to both Philippine Peso and Japanese Yen news and forecasts.

Philippine Peso (PHP) - Market news and forecasts

9-January-19: Since 2013, the Philippine peso has been among the world’s worst performing currencies. In the final quarter of 2018, the peso weakened to its lowest level against the US dollar since 2005, at rates in the ₱54.40s. By 2018 year-end, the peso had recovered into the mid-₱52s per USD and was down around 5 percent for the year.

Unfortunately for peso holders, the currency’s downtrend (USD/PHP’s uptrend) will likely resume in 2019, per remarks by DBS’ chief economist, who said “a very similar dynamic” of peso weakness would play out.

FX forecasters surveyed by Bloomberg in January expected the peso to be the joint second-worst performing Asian currency of 2019, with an expected loss versus the dollar of 2.5 percent. Given that the same forecasters expected a disappointing year for the dollar, it was implied that the peso would do far worse against other major currencies.

Japanese Yen (JPY) - Market news and forecasts

2-February-2019: The yen was the best performing major currency of 2018.

In early 2019, amid a “flash crash” USD/JPY briefly struck a 9-month low (yen high) of 104.65, EUR/JPY reached 118.82 and AUD/JPY touched a 10-year low of 70.58. These values greatly flattered the yen and rebounds followed quickly. By early February, the yen was, on balance, back where it had ended 2018. USD/JPY, EUR/JPY and AUD/JPY stood at 109.52, 125.58 and 77.25 respectively.

Analysts appeared to agree in January that the yen would strengthen throughout 2019 and beyond.

Experts at giant European banks Deutsche Bank and Credit Agricole forecast USD/JPY at 100 at the end of this year, indicating a potential 10 percent increase in the yen’s buying power relative to the greenback.

100 yen to the US dollar was “very attainable,” Russell Investments said, “if there’s a severe slowdown in the US economy.”

Currency News and Forecasts

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets