Understanding the Table:
The comparison table above helps you see the total cost of your CIBC 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’.
Japanese yen (JPY) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
INR/JPY Outlook: Likely to decrease, as the rate is below recent averages, near recent lows, influenced by significant capital outflows and trade deficits in India.
USD/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver for significant movement.
EUR/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and near recent highs without a clear current driver.
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 * :
*Converted at the current JPY-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best JPY to INR exchange rate is 0.5981 from XE. This is -0.6% compared to the mid-market rate 0.6017.
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 CIBC - Yen to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by CIBC and other foreign exchange providers against the latest JPY-INR mid-rate and the possible savings of using various providers.
Looking at the full JPY to INR - Send Money comparison table the provider with the best JPY to INR exchange rate is XE at 0.5981, -0.6% from the latest mid-market rate 0.6017.
The next best is Wise at 0.5981, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like CIBC 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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