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’.
GBP to JPY Market Data
British pound (GBP) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to JPY 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 British pound against the Japanese yen is to review how the GBP/JPY rate has changed over time.
The table below shows the percentage change in the GBP to JPY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The GBP/JPY exchange rate currently trades near 90-day highs at approximately 211.4, representing a 3.3% increase over its three-month average of 204.6.
Recent forecasts for the USD to JPY exchange rate indicate a bearish outlook for the US dollar, primarily driven by expectations for aggressive rate cuts by...
Current market bias: Bullish.
Key drivers:
- The Bank of England's recent cautious stance on interest rate cuts strengthens the pound.
- The Bank of Japan's interest rate hike signals tighter monetary policy, supporting the yen.
- Positive UK retail sales figures could further boost the pound.
Near-term range: GBP/JPY expected to trade within a broad range above recent levels.
What could change it: Stronger UK economic data could push the pound higher, while renewed fiscal concerns may weaken it.
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"GBP/JPY is bullish as the BoE hints at cautious rate cuts while the BOJ tightens policy. Analysts expect the pair to trade above recent levels, with upside risks from strong UK data. Watch for potential downside if fiscal concerns resurface
@bestfxrates
GBP to JPY 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 British pound are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to JPY?
The best GBP to JPY exchange rate is 210.13 from OFX . This is -0.3% compared to the mid-market rate 210.76.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Japanese yen (JPY) rates from different sources before making a conversion.
The above
Sterling to Yen 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 GBP-JPY mid-rate and the possible savings of using various providers.
How do GBP-JPY rates compare between providers?
Looking at the full
GBP to JPY - Send Money comparison table the provider with the best GBP to JPY exchange rate is OFX at 210.13, -0.3% from the latest mid-market rate 210.76.
The next best is Wise at 210.07, -0.33% from the mid-rate.
Then XE at 209.5, which is -0.6% 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.