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’.
JPY to EUR Market Data
Japanese yen (JPY) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell JPY →
Buy EUR
1 JPY = 0.005443 EUR
1d+0.3%▲
JPY to EUR is at 7-day highs near 0.005444, 2.4% below its 3-month average of 0.005576, having traded in a relatively stable 7.2% range from 0.005410 to 0.005797
Is the JPY to EUR 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 Euro is to review how the JPY/EUR rate has changed over time.
The table below shows the percentage change in the JPY to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Current market bias: Bearish.
- The interest rate differential has shifted favorably for JPY, as the Bank of Japan (BOJ) has raised rates more aggressively than the European Central Bank (ECB).
- Improved business sentiment in Japan signals confidence in economic growth, attracting investment to the yen.
- Rising defense spending in Japan is bolstering economic stability amid regional tensions.
Near-term range: The EUR/JPY pair is likely to trade within a range reflecting recent lows but is still elevated compared to the 3-month average.
What could change it: An upside risk could emerge from strong economic data from the Eurozone, boosting euro confidence. Conversely, a downside risk exists if geopolitical tensions escalate, potentially supporting the yen further.
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The EUR/JPY pair is bearish as the ECB holds rates steady while the BOJ raises them sharply. This shift leans the rate differential in favor of the yen. Increased business sentiment in Japan strengthens its economy, while rising defense spending adds stability
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JPY to EUR 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 Euro 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 EUR?
The best JPY to EUR exchange rate is 0.0054 from OFX . This is -0.79% compared to the mid-market rate 0.005443.
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 Euro (EUR) rates from different sources before making a conversion.
The above
Yen to Euro 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-EUR mid-rate and the possible savings of using various providers.
How do JPY-EUR rates compare between providers?
Looking at the full
JPY to EUR - Send Money comparison table the provider with the best JPY to EUR exchange rate is OFX at 0.0054, -0.79% from the latest mid-market rate 0.005443.
The next best is XE at 0.0054, -0.79% 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.