Japanese Yen to Philippine Peso (JPY/PHP) 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 PHP Conversion Table
Common amounts converted from Japanese Yen to Philippine Peso at today's rate.
| Japanese Yen (JPY) | Philippine Peso (PHP) |
|---|---|
| 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 Philippine Peso will you actually receive?
Estimated cost to convert JPY 1,000 to PHP 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 | PHP 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 PHP providers
The JPY/PHP corridor handles significant transfer volume. If you send money regularly between Japanese Yen and Philippine Peso, 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/PHP rate statistics
Is today's JPY/PHP rate good or bad?
We compare today's live Japanese Yen to Philippine Peso 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 Philippine Peso 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/PHP exchange rate?
The JPY/PHP rate tracks how many Philippine Peso 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). PHP is issued by the Bangko Sentral ng Pilipinas (BSP) (ranked 28th). Full JPY profile | Full PHP profile
Japanese Yen to Philippine Peso is popular with travellers to the Philippines and the large Filipino diaspora sending remittances home.
Is today's JPY/PHP rate good or bad?
The Japanese Yen to Philippine Peso 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/PHP 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 Philippine Peso? Read this first
Sending money to the Philippines? Remittances account for roughly 10% of the Philippine economy. Services like Wise compete aggressively on this corridor, often offering better rates than banks.
Watch out: Banks typically charge 3-5% on JPY to PHP 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.
Frequently asked questions
Is now a good time to convert JPY to PHP?
Timing currency conversions depends on your personal circumstances rather than market conditions alone. Check the rate panel above to see where JPY/PHP sits historically - some remitters watch for rates above or below their personal thresholds before moving money.
The Bangko Sentral ng Pilipinas and Bank of Japan both publish economic calendars that can help you identify periods of volatility, so you might consider converting during calmer market windows if you have flexibility.
What moves the JPY/PHP exchange rate?
The JPY/PHP rate responds to interest rate decisions from both the Bank of Japan and the Bangko Sentral ng Pilipinas - when one central bank raises rates, it typically attracts capital and strengthens that currency. Japan's export data, manufacturing output, and trade balance influence yen strength since Japan is export-driven, while Philippine inflation, remittance flows, and domestic economic growth drive peso movements.
Broader factors like risk appetite in global markets also matter; when investors grow cautious, capital often flows to the safe-haven Japanese yen, pushing it higher against the peso.
Will Japanese Yen get stronger or weaker against Philippine Peso?
Exchange rates depend on dozens of economic variables and geopolitical factors that shift constantly, so no one can reliably predict direction. What you can do is review economic data: check the Bank of Japan's monetary policy stance, track Philippine inflation reports from the Bangko Sentral ng Pilipinas, and monitor how capital flows between the two economies.
The rate chart above shows historical patterns that may reveal seasonal trends or structural shifts in the pair, giving you context for your own analysis.
How can I avoid fees when converting JPY to PHP?
Remittance providers, banks, and currency specialists charge different fee structures - some use fixed fees, others take a percentage, and many markup the exchange rate itself. Compare options directly: online remittance platforms often undercut traditional banks, and services focused on Japan-Philippines corridors may offer competitive rates since they handle high volumes on this route.
Always ask providers to show you their total cost (exchange rate plus fees combined), not just one component, so you see what actually reaches the peso account.
Should I exchange Philippine Peso at home or abroad?
This question applies to peso conversion into yen, which is the reverse of the JPY/PHP pair. If you're converting yen to pesos in the Philippines, exchange houses and banks in major cities like Manila typically offer rates close to market spot rates, though they still apply small markups.
Using ATMs in the Philippines to withdraw pesos from a yen-funded account often delivers competitive rates, though your home bank may charge foreign transaction fees - compare your options before traveling.
How far does Japanese Yen go in the Philippines?
The purchasing power of yen in the Philippines depends on the current JPY/PHP rate shown in the panel above - check that rate, then compare prices for what you want to buy. The Philippines has lower living costs than Japan in many categories (food, local transport, labor services), so yen generally stretches further there, but luxury goods and imported items may cost more.
A helpful approach is to research specific items or services you plan to purchase, convert the peso price using the current rate, and see if the yen cost fits your budget.
What is the cheapest way to send JPY to PHP?
Online remittance services designed for Japan-Philippines transfers typically offer lower costs than traditional bank wire transfers, though you should verify speed and security for each provider. Direct bank transfers from your Japan bank may seem expensive upfront but can be reliable if your recipient has a Philippine bank account; compare the all-in cost (fees plus exchange rate markup) rather than fees alone.
Some employers and labor organizations in Japan offer group remittance programs with discounted rates - check whether you qualify before arranging an individual transfer.
Learn more
- Bank of Japan - Daily FX Rates - Official BOJ exchange rate data
- BSP - Exchange Rates - Bangko Sentral ng Pilipinas daily 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.