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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Japan can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Japan bank accounts or pay a Japanese yen invoice.
Indian rupee (INR) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
INR/JPY Outlook: The INR/JPY exchange rate is slightly weaker, trading just below its recent average and within the mid-range of its 3-month path.
INR/USD Outlook: The INR/USD exchange rate is likely to decrease as it is currently below its recent average and near the bottom of its 3-month range.
USD/JPY Outlook: The USD/JPY is likely to decrease as it currently trades above its recent average.
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
*Converted at the current INR-JPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best INR to JPY exchange rate is 1.6959 from Wise. This is -1.2% compared to the mid-market rate 1.7165.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to Japanese yen (JPY) rates from different sources before making a conversion.
The above Rupee to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest INR-JPY mid-rate and the possible savings of using various providers.
Looking at the full INR to JPY - Send Money comparison table the provider with the best INR to JPY exchange rate is Wise at 1.6959, -1.2% from the latest mid-market rate 1.7165.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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