Sending a larger amount to ? Request a Free    Multi-Vendor Quote
Recent Transfers
Request a Multi-Vendor Transfer Quote
Compare Hotel Deals
 
Quick Calc
Mid-Rates
-->

Compare Foreign Exchange Rates | Banks & Online Currency Brokers

         Intn'l Transfer Rates

JPY/USD Exchange Rate

JPY 1.00 = USD Reference Mid-Rate       /
Exchange Rates are different for International Bank Transfers Select
BestExchangeRates compares the latest Foreign Exchange Rates from Banks & leading Currency Brokers to find you the best deals for your International Money Transfers. We also provide quick currency converter calculators, up-to-date foreign exchange research, news, charts and information and reviews of currency brokers.

Daily Currency Market Commentary
Daily currency news provided by OzForex

The U.S dollar rallied across the board Thursday closing in on 5 year highs on Bloomberg’s correlated spot index while touching a 7 year high against the Japanese Yen. A core CPI inflation report showed an increase in price pressures of 0.2%, a welcome reading as Wednesday''s FOMC minutes showed policy makers debated the possibility inflation may stagnate in the face of languid global growth. The 18 nation Euro crept downward as manufacturing purchases slipped suggesting business growth is weakening and adding further scope to increased QE measures across the embattled currency bloc.  As the gap between Central Bank Policies continues to widen the depreciation of the Yen and Euro are expected to continue. The Euro appears to have found significant technical support around 1.24 as the market looks for definitive guidance from the ECB as to when and in what form quantitative easing will intensify with attention keenly focused on the Mario Draghi as he addresses the European Banking Congress tonight. The Japanese Yen has slumped some 2.2% this week and is the worst performs of 10 developed market currencies. With 120.00 now firmly in sight we expect the downward spiral to continue into next week as attentions turn to BoJ governor Kuroda for insight into further stimulus measures on Tuesday.  
Data releases
No Data
NZD Credit Card Spending
No Data   
GBP Public Sector Net Borrowing and MPC Member Miles Speaks
View more currency reports

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

BestExchangeRates in the PressSMH.com.au Money

“A check with the foreign-exchange comparison website bestexchangerates.net shows a big variation in the exchange rates available when sending money and buying cash.” SMH.com.au ⇒ read article

This is an information service. By browsing on the website and/or using our comparison tools, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website. BestExchangeRates may receive remuneration for vendor referral links.    TOS | Full disclaimer | Privacy Statement | Facebook