Japanese Yen to Indian Rupee (JPY/INR) Exchange Rate Today
Sending moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Mid-market rate - no bank markup 200+ currencies Free
JPY to INR Conversion Table
Common amounts converted from Japanese Yen to Indian Rupee at today's rate.
| Japanese Yen (JPY) | Indian Rupee (INR) |
|---|---|
| 1 JPY | — |
| 5 JPY | — |
| 10 JPY | — |
| 25 JPY | — |
| 50 JPY | — |
| 100 JPY | — |
| 250 JPY | — |
| 500 JPY | — |
| 1,000 JPY | — |
| 5,000 JPY | — |
| 10,000 JPY | — |
| 50,000 JPY | — |
How much Indian Rupee will you actually receive?
Estimated cost to convert JPY 1,000 to INR with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | INR received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare JPY to INR providers
The JPY/INR corridor handles significant transfer volume. If you send money regularly between Japanese Yen and Indian Rupee, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
JPY/INR rate statistics
Is today's JPY/INR rate good or bad?
We compare today's live Japanese Yen to Indian Rupee mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, JPY holders get more Indian Rupee per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Japanese yen is a safe-haven currency - it tends to strengthen during global market stress. Japan's ultra-low interest rate policy means the yen is often used as a funding currency, which amplifies its volatility during risk-on/risk-off shifts.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the JPY/INR exchange rate?
The JPY/INR rate tracks how many Indian Rupee one Japanese Yen buys. The yen is the world's third most-traded currency and a traditional safe haven. JPY pairs tend to move sharply during global market stress as investors repatriate capital into yen-denominated assets.
JPY is issued by the Bank of Japan (BOJ) (ranked 3rd globally - meaning it's the 3rd most bought and sold currency in the world). INR is issued by the Reserve Bank of India (RBI) (ranked 13th). Full JPY profile | Full INR profile
Japanese Yen to Indian Rupee is widely used by the Indian diaspora, IT outsourcing firms, and travellers to India.
Is today's JPY/INR rate good or bad?
The Japanese Yen to Indian Rupee mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The JPY/INR corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Japanese Yen to Indian Rupee? Read this first
Sending money to India? The INR corridor is one of the world's largest. Dedicated services like Wise often beat bank wire rates by 2-3%. If you send regularly, compare the total cost (rate + fee) rather than just the headline rate.
Watch out: Banks typically charge 3-5% on JPY to INR transfers. Regulated online services like Wise are equally safe and usually much cheaper. Always compare the final received amount, not just the fee.
Did you know?
- Japan's 500-yen coin is one of the highest-value coins in regular worldwide circulation, worth about $3.30.
- India's 2016 demonetization - when 500 and 1,000 rupee notes were invalidated overnight - affected 86% of cash in circulation.
Frequently asked questions
Is now a good time to convert JPY to INR?
Timing currency conversions requires comparing current JPY/INR rates against your personal threshold and needs rather than trying to catch a perfect moment. Check the rate panel above to see where the pair stands today, then consider your specific circumstances - whether you need funds immediately, have flexibility to wait, or are converting regularly for remittance purposes.
The Bank of Japan and Reserve Bank of India both influence this pair through monetary policy, so tracking their rate decisions and economic data releases can help you understand directional shifts. Ultimately, conversion timing depends on your individual timeline and risk tolerance, not on any external recommendation.
What moves the JPY/INR exchange rate?
The JPY/INR pair responds to interest rate differentials set by the Bank of Japan and the Reserve Bank of India, which affect the relative attractiveness of yen and rupee assets to investors. Japan's trade balance, inflation data, and economic growth figures influence the yen, while India's GDP expansion, inflation trends, and capital flows impact the rupee - you can track these releases through central bank publications.
Risk sentiment also drives this pair: during periods of market stress, the yen often strengthens as a safe-haven currency, while the rupee tends to weaken as investors pull capital from emerging markets. Additionally, the broader dollar strength affects both currencies, since JPY and INR exchange rates against the US dollar create cross-rate dynamics.
Will Japanese Yen get stronger or weaker against Indian Rupee?
We don't forecast currency direction - that requires you to weigh economic fundamentals and risk factors yourself. What you can do is monitor key data: Bank of Japan policy decisions and yield differentials versus the Reserve Bank of India's stance, Japan's export competitiveness and aging economy dynamics, and India's growth trajectory alongside inflation and currency intervention patterns.
Historical volatility and correlation data for this pair are available through the chart above, which helps you understand past behavior without predicting future moves. Your own analysis of these factors should guide any conversion or hedging decisions.
How can I avoid fees when converting JPY to INR?
Different remittance providers and banks charge fees and markups differently - you'll need to request fee schedules and all-in costs (including the exchange rate they apply) from each service before committing. Some providers bundle fees into their quoted rate rather than showing them separately, so asking for a comparison to the interbank rate shown in the rate panel above reveals the true cost.
Mid-market rates are what banks trade between themselves; any provider quoting higher rates is capturing margin somewhere, whether as visible fees or hidden spreads. Compare total cost across options: a provider with lower fees might apply a worse rate, and vice versa, so you need the full picture to identify real savings.
Should I exchange Indian Rupee at home or abroad?
This question reverses the JPY/INR pair direction - you'd be converting INR to JPY if exchanging Indian Rupee at home in Japan. Rates and fees vary significantly between bank branches in India, currency exchange shops in Japan, and online remittance platforms serving both countries.
Japanese banks typically offer mid-market rates closer to the rate panel above but may charge substantial fees, while specialized remittance providers often apply wider spreads in exchange for lower or zero explicit fees. Your best approach is requesting quotes from multiple providers in both locations and comparing the final JPY amount you'd receive, accounting for all fees and markup.
How far does Japanese Yen go in India?
Purchasing power depends on what you're buying and where in India - major cities like Mumbai and Bangalore have costs closer to Tokyo, while smaller towns are significantly cheaper. Check the rate panel above for current yen-to-rupee conversion, then research specific costs in your destination city: accommodation, food, transportation, and services each have different price levels across India.
The yen is a developed-economy currency, so your spending power in India will typically be substantial, but this varies by your lifestyle choices and location. Exchange rate alone doesn't tell the story - you also need to compare local prices against what you'd pay in Japan to gauge actual purchasing power.
What is the cheapest way to send JPY to INR?
Cheapest doesn't automatically mean lowest advertised fee - you must compare total cost including the exchange rate markup each provider applies. Online remittance platforms often beat banks on combined fees and rates for JPY to INR transfers, particularly for regular or larger amounts, though you'll want to verify speed and reliability through reviews.
Using the rate panel above as your baseline mid-market rate, request quotes from at least three providers (traditional banks, online services, and money transfer specialists) showing the exact yen deducted and rupees delivered. Consider also the delivery method - direct bank transfer, cash pickup, or mobile wallet - since some options carry different fees or speed tradeoffs.
How can I send money to my friend in India from the USA?
This question addresses USD to INR, not the JPY/INR pair, but the sending process is similar: use online remittance platforms, US banks with Indian correspondent relationships, or money transfer specialists to convert dollars to rupees. You'll provide your friend's Indian bank account details or arrange cash pickup through a partner service in India - most providers now offer real-time or next-day delivery.
Compare rates and fees across providers, since the USD/INR pair often has narrower spreads than less-traded pairs like JPY/INR, potentially offering better value. Ask each provider for their all-in cost so you can see how many rupees your friend actually receives.
Should I accept or reject currency conversion?
This depends entirely on whether you need the funds, when you need them, and what alternative options cost. Compare the rate in the rate panel above to your personal mental rate - if you've been tracking JPY/INR over time and see value at the current level, conversion may make sense; if you haven't tracked it or feel uncertain, reviewing historical charts and current economic data helps inform your decision.
Consider also the purpose: if you're sending money to cover living expenses in India, timing matters less than reliability and low cost; if you're speculating on direction, that's a different risk calculation entirely. Ultimately only you can weigh your specific circumstances against available information.
How to get the best deal on currency exchange?
Start by checking the mid-market rate in the rate panel above - this is what banks trade between themselves, so any quote significantly worse signals markup or hidden fees. Request detailed quotes from multiple sources: your bank, online remittance services, and currency exchange specialists, asking each to show the rate offered, all fees, and final rupees delivered.
The best deal accounts for rate, speed, convenience, and safety together - the cheapest option might be slowest or least reliable, while the fastest might carry premium costs. Use this page's comparison tools and rate history to track whether you're seeing a reasonable rate in today's market, then decide what mix of cost and service matches your needs.
How do I get the best exchange rate for currency?
The best available rate is the mid-market rate shown in the rate panel above - this is what financial institutions trade at, and no retail customer gets better. However, you can minimize the gap between mid-market and what you actually receive by comparing providers: banks typically add 2-4 percent markups, while online platforms often add 1-2 percent, and niche competitors occasionally offer narrower spreads.
Compare your final rupee amount across providers rather than just the rate they quote, since fees, speed, and markups are often bundled together. Also consider timing: if you're sending repeatedly, some services offer better rates for regular customers or larger amounts, so asking about volume discounts may help.
Where do you get the best exchange rate?
No single location consistently offers the best JPY/INR rate - it depends on your priorities and circumstances. Large banks offer safety and reliability but typically charge 2-3 percent markups; online remittance platforms serving Japan-to-India corridors often undercut banks by 1-2 percent; and specialty currency brokers may offer institutional-quality rates but sometimes require minimum amounts.
The rate panel above shows the current mid-market baseline - use it to evaluate what different providers are quoting and identify which markup or fee structure benefits you most. Check reviews and regulatory status alongside rates, since the absolute cheapest option might lack reliability or security, making it not the best deal when all factors matter.
Learn more
- Bank of Japan - Daily FX Rates - Official BOJ exchange rate data
- RBI Reference Rates - Reserve Bank of India daily reference rates
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.