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 details and click ‘Compare’.
JPY to INR Market Data
Japanese yen (JPY) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
JPY to INR is at 30-day highs near 0.6021, 2.3% above its 3-month average of 0.5885, having traded in a relatively stable 6.6% range from 0.5672 to 0.6046
Is the JPY to INR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Japanese yen against the Indian rupee is to review how the JPY/INR rate has changed over time.
The table below shows the percentage change in the JPY to INR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
As of March 8, the INR is trading at 1.6989 JPY, 4.9% below its three-month average. FX analysts note that external pressures and U.S. tariffs are weakening the rupee. Meanwhile, the JPY gains strength from the BoJ's interest rate hike, complicating the INR's outlook. 10-Mar
To help you understand the real-world value of the current exchange rate, the table below shows how much Japanese yen are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different JPY amounts at today’s rate * :
What is the
best Send Money conversion rate for JPY to INR?
The best JPY to INR exchange rate is 0.5958 from XE. This is -0.6% compared to the mid-market rate 0.5994.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Japanese yen (JPY) to Indian rupee (INR) rates from different sources before making a conversion.
The above
Yen to Rupee 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 JPY-INR mid-rate and the possible savings of using various providers.
How do JPY-INR rates compare between providers?
Looking at the
full comparison table
the best JPY to INR exchange rate is 0.5958 from XE, -0.6% from the mid-market rate 0.5994. The next best rate is 0.5952 from Wise, -0.7% from the mid-rate. Then with 0.5922072 is -1.2% from the mid-rate.
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.