Compare live exchange rates, provider costs and current currency market data before you exchange.
Live provider rate comparison
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SBI Remit publishes indicative international-remittance rates for transfers funded in Japanese yen. BER treats this public source as outbound-only and does not invent a reverse customer rate.
Exchange rates are only one part of a remittance's cost. Compare the sending fee, delivery method and any receiving or intermediary deductions as well as the amount delivered.
BER Benchmark monitors SBI Remit exchange rates across the JPY currency corridors tracked by BER. The current average margin versus the mid-market rate is 9.5%.
This average is based on the JPY 10,000 transfer rates currently monitored by BER across the available SBI Remit currency corridors.
BER Benchmark ranks the SBI Remit currency corridors currently monitored for Japanese yen transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a JPY 10,000 transaction.
BER requests each currency offered by SBI Remit's public exchange-rate selector and requires a positive current rate, a valid update time and consistent recent-history data.
The source currently returns an anomalous Brazilian-real response identical to its US-dollar response. BER excludes BRL and will fail the feed for review if that anomaly changes rather than silently guessing a correction.
No. BER treats this source only as a Japanese-yen-funded outbound remittance rate.
The public BRL response is currently indistinguishable from the USD response and fails BER's plausibility control, so it is excluded.
No. Include SBI Remit's applicable remittance fee and any delivery-chain deductions when comparing the recipient amount.
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 US dollar (USD) rates from different sources before making a conversion.
The above SBI Remit - Yen to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by SBI Remit and other foreign exchange providers against the latest JPY-USD mid-rate and the possible savings of using various providers.
Looking at the full JPY to USD - Send Money comparison table the provider with the best JPY to USD exchange rate is OFX at 0.0062, -1.2% from the latest mid-market rate 0.006277.
The next best is XE at 0.0062, -1.2% from the mid-rate.
Then Wise at 0.0062, which 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 like SBI Remit or platforms that offer rates closer to the mid-market rate.
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Select the currency you have to see its complete exchange-rate directory.