Barclays Bank GBP to JPY Exchange Rates & Currency Deals
GBP-JPY Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Barclays Bank 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/USD exchange rate currently leans bullish, primarily supported by recent signals from the Bank of England (BoE) indicating a cautious approach...
Current market bias: Bullish.
Key drivers:
- The interest rate differential is significant, as the Bank of England remains cautious about further cuts while the Bank of Japan has raised rates to address inflation.
- Stable risk sentiment due to improving business outlook in Japan.
- UK economic growth is projected to slow, which may impact the pound.
Near-term range: GBP/JPY is expected to trade slightly above its recent averages.
What could change it: Upside risk includes stronger retail sales in the UK boosting the pound. Downside risk involves sudden shifts in global economic conditions causing risk aversion, strengthening the yen.
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GBP/JPY trending bullish as BoE stays cautious while BOJ raises rates. Improved biz sentiment in Japan supports the yen despite UK growth slowdown. Watch for retail sales growth in the UK as a potential boost; economic shifts could bring yen strength
@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
Barclays Bank Send Money conversion rate for GBP to JPY?
The Barclays Bank GBP to JPY exchange rate is 195. This is -7.4% compared to the latest GBP-JPY mid-market rate 210.51.
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
Barclays Bank - Sterling to Yen comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Barclays Bank and other foreign exchange providers against the latest GBP-JPY mid-rate and the possible savings of using various providers.
How do Barclays Bank 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 209.46, -0.5% from the latest mid-market rate 210.51.
The next best is Wise at 209.32, -0.57% from the mid-rate.
Then XE at 209.25, 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 like Barclays Bank 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.