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Royal Bank of Canada USD to JPY Transfers Compared

USD-JPY Rate Calculator

 
 
   
   
   
   
   
 

Compare Royal Bank of Canada Exchange Rates & Fees - Save Time & Money

 

Our Royal Bank of Canada USD 10000 to JPY rate is 154.02. This is -5.5% below the mid-rate.

RBC international transfers at a glance

RBC's digital International Money Transfer service is available to eligible Canadian personal customers through Online Banking and the RBC Mobile app.

  • RBC currently charges no transfer fee.
  • Send from an eligible Canadian-dollar or US-dollar account.
  • Minimum C$100; maximum up to C$50,000 per day.
  • More than 200 destination countries are listed.
  • RBC sets the exchange rate, and other banks can deduct charges.

Compare the quoted recipient amount rather than the transfer fee alone. Foreign Currency Accounts cannot normally fund this service, except eligible US-dollar accounts.

Read the full RBC review.

 
 

Royal Bank of Canada - USD Rate Margin Analysis

The average USD rate margin offered by Royal Bank of Canada is 5.5%.

This average is based on individual USD 10K transfer rates in the currency pairs from Royal Bank of Canada that we monitor.

 

Royal Bank of Canada - Best and Worst Value Rates

The tables below show the best and worst exchange rate margins offered by Royal Bank of Canada for US dollar (USD 10K) transactions. Margins show the percentage difference from the mid-market rate.

Royal Bank of Canada Best Value Rates (Lowest Margins)

Currency Pair Royal Bank of Canada Rate Mid Market Rate Margin
USD/CAD 1.3752 1.4178 3.0%
USD/AUD 1.3653 1.4425 5.4%
USD/CHF 0.7591 0.8030 5.5%
USD/NZD 1.6556 1.7526 5.5%
USD/JPY 152.19 161.12 5.5%

Royal Bank of Canada Worst Value Rates (Highest Margins)

Currency Pair Royal Bank of Canada Rate Mid Market Rate Margin
USD/SAR 3.5380 3.7672 6.1%
USD/EUR 0.8226 0.8741 5.9%
USD/AED 3.4596 3.6725 5.8%
USD/CZK 19.93 21.14 5.8%
USD/MXN 16.45 17.45 5.7%
 
 

RBC timing and important conditions

RBC says most international transfers arrive within two business days, although some can take up to seven business days.

A sent transfer cannot be changed and is typically irreversible. Verify the recipient's identity, account number and bank identifier before confirmation.

RBC's C$0 transfer fee does not remove the exchange-rate cost. Intermediary and recipient banks can also impose service charges.

RBC card fees vary by product. A card-network conversion rate is not guaranteed to equal the mid-market rate, even where a separate issuer foreign-currency fee is waived.

 
   

What is the Royal Bank of Canada Send Money conversion rate for USD to JPY?

The Royal Bank of Canada USD to JPY exchange rate is 154.02. This is -5.5% compared to the latest USD-JPY mid-market rate 162.93.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Japanese yen (JPY) rates from different sources before making a conversion.

The above Royal Bank of Canada - Dollar to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Canada and other foreign exchange providers against the latest USD-JPY mid-rate and the possible savings of using various providers. 

How do Royal Bank of Canada USD-JPY rates compare between providers?

Looking at the full USD to JPY - Send Money comparison table the provider with the best USD to JPY exchange rate is OFX at 162.11, -0.5% from the latest mid-market rate 162.93.

The next best is XE at 161.95, -0.6% from the mid-rate.

Then Wise at 161, which is -1.2% from the mid-rate.

The Western Union rate is 160.48 which is -1.5% from the mid-rate.

Among the banks the Chase Bank rate is 137.95 at -15.3% the Wells Fargo Bank rate is 136.97 at -15.9% and the Citibank rate is 144.46 at -11.3% compared to the mid-rate 162.93.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Canada 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: