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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Mongolia 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 Mongolia bank accounts or pay a Mongolian tugrik invoice.
JPY to MNT Market Data
Japanese yen (JPY) to Mongolian tugrik (MNT) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell JPY →
Buy MNT
1 JPY = 23.51 MNT
▲+0.4% since yesterday
JPY to MNT at 23.49 is near its 3-month average, having traded in a relatively stable 6.4% range from 22.66 to 24.12
Is the JPY to MNT 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 Mongolian tugrik is to review how the JPY/MNT rate has changed over time.
The table below shows the percentage change in the JPY to MNT exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
JPY/MNT
Period
07 Jun 2025
23.46
2 Week
23 Mar 2025
22.70
3 Month
21 Jun 2024
21.61
1 Year
22 Jun 2020
26.40
5 Year
24 Jun 2015
15.55
10 Year
26 Jun 2005
10.88
20 Year
JPY/MNT historic rates
JPY to MNT Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Japanese yen are worth in Mongolian tugrik 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 MNT?
The best JPY to MNT exchange rate is 23.35 from Wise. This is -0.68% compared to the mid-market rate 23.51.
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 Mongolian tugrik (MNT) rates from different sources before making a conversion.
The above
Yen to Tugrik 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-MNT mid-rate and the possible savings of using various providers.
How do JPY-MNT rates compare between providers?
Looking at the full
JPY to MNT - Send Money comparison table the provider with the best JPY to MNT exchange rate is Wise at 23.35, -0.68% from the latest mid-market rate 23.51.
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: