The best EUR to JPY exchange rate is 163.25. Compare foreign transfer and currency exchange rates, find better rates & deals.
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Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Japanese yen (JPY) rates from different sources before making a conversion.
The above euro to yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and foreign exchange providers against the latest EUR-JPY mid-rate (see Market Data below ) and the possible savings of using a different provider.
Euro (EUR) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | EUR/JPY | Change | Period |
---|---|---|---|
30 Sep 2024 | 160.05 | 2.1% ▲ | 2 Week |
16 Jul 2024 | 172.65 | 5.4% ▼ | 3 Month |
15 Oct 2023 | 157.37 | 3.8% ▲ | 1 Year |
16 Oct 2019 | 120.36 | 35.8% ▲ | 5 Year |
17 Oct 2014 | 136.17 | 20% ▲ | 10 Year |
19 Oct 2004 | 135.75 | 20.4% ▲ | 20 Year |
Here are some popular conversion amounts for EUR to JPY (Euro to Japanese yen)*.
*Converted at the current EURJPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts and currency market updates indicate a complex outlook for the EUR to JPY exchange rate, with both currencies affected by varying economic conditions and policy stances. The euro remains subdued amid rising concerns about a potential recession in the Eurozone, particularly with Germany's economy showing troubling signs. Despite this, FX analysts expect the euro to trade sideways this October, supported by a cautious approach from the European Central Bank (ECB). Currency traders are closely watching the ECB's interest rate decision, which may help maintain the euro above the critical support level of US$1.10. The euro has recently exhibited resilience, gaining strength after the March US jobs report, and could stabilize further in response to upcoming inflation data.
Read our full review of recent EUR to JPY forecasts.
There are several ways to save on exchange rates when converting Euro to Japanese yen:
Generally speaking, if you are buying Japanese yen with Euro, then it's better for the EUR/JPY exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 EUR/JPY to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to Japan - a practical currency and money guide to travel, living and doing business in Japan with the Japanese yen.
Eurozone (EUR) | Japan (JPY) |
The cost of living in Japan can vary depending on location, lifestyle, and individual needs. However, generally speaking, Japan is known to be one of the more expensive countries in the world, especially in terms of accommodation and transportation.
Accommodation costs, particularly in the big cities such as Tokyo and Osaka, can be quite high. Rent for apartments can be very expensive, and purchasing a home can be out of reach for many.
Read more at our Japan (JPY) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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