JPY Exchange Rates

Sending money to Japan? Compare JPY exchange rates and fees of major IMT providers with this calculator.

I want to transfer
to
Today’s foreign exchange rates
Search promoted international money transfers below. Advertiser disclosure.
  • Excellent exchange rates, no transfer fees
  • 24/7 transfers online or over the phone
  • Personal account management and expert insights

$7,345 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7345 USD

  • 1-2 days

  • $200 minimum

  • Only available to Business & eCommerce customers
  • Same-day transfers to most countries
  • ASIC regulated & trading since 2004

$7,323 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7323 USD

  • 0-2 days

  • $2,000 minimum

  • Safe, secure, and trusted
  • Enjoy great rates, fee-free transfers, and lightning-fast payments right around the clock.
  • It’s simple, quick, and a lot cheaper than your bank.

$7,349 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7349 USD

  • 0-1 day

  • $250 minimum

  • Bonus $50 credit on your first transaction with InstaReM, use code MOZO50 (offer ends 15th August)
  • Zero fees on first transaction until 31st July
  • Transact online 24/7 with fast settlement and extremely competitive rates

$7,330 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7330 USD

  • 1-2 days

  • $50 minimum

  • Fee Free transfers over $250 AUD ongoing
  • 24/7 Service (Phone & Online)
  • Great Rates with Fast and Secure transfers

$7,333 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7333 USD

  • 1-2 days

  • $250 minimum
    $500 monthly minimum for regular transfers

  • XE is the world's trusted currency authority used by 280+ million people a year
  • XE dealers are licensed and authorised to provide financial advice
  • XE money transfer specialise in payments above AUD $20,000

$7,367 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7367 USD

  • 1-3 days

  • $10,000 minimum

  • New customers get 5 free transfers
  • Fast, secure transfers, up to 8x cheaper than the banks
  • Join over 180,00 customers today

$7,323 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $4
    ONLINE
    $4
  • $0.7326 USD

  • 1-2 days

  • none

  • 90% of transfers settled on the same day. Remainder completed on the following day.
  • Reviewed as “Excellent” on Trustpilot.
  • First Payment is FREE

$7,301 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    n/a
    ONLINE
    $0
  • $0.7301 USD

  • 0-1 days

  • No minimum

  • Get live exchange rate and low transparent fees
  • Enjoy First Two transfers up to $3,000 AUD Free
  • Fast, secure online transfers 24/7

$7,323 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    n/a
    ONLINE
    $0
  • $0.7323 USD

  • 1-2 days

  • none

  • Transact in over 50 currencies from across the globe
  • No transaction fees or commissions above $10,000 AUD
  • Transact 24x7

$7,367 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7367 USD

  • 1-2 days

  • none

  • Send money overseas securely
  • Transfer in a foreign currency for lower fees and lock in your conversion rate for peace of mind
  • Send money to over 99 countries in a wide range of currencies.

$7,148 USD

  • IN PERSON
    n/a
    BY PHONE
    $32
    ONLINE
    $12
  • $0.7157 USD

  • 1-2 days

  • $25,000 maximum

  • CBA customers - Send money easily and safely to over 200 countries
  • Send money in branch or via netbank

$6,964 USD

  • IN PERSON
    $30
    BY PHONE
    n/a
    ONLINE
    $6
  • $0.6968 USD

  • 1-3 days

  • up to $50,000 online

  • NAB customers - transfer money overseas with NAB internet banking
  • Transfer money to over 100 countries

$7,061 USD

  • IN PERSON
    $30
    BY PHONE
    n/a
    ONLINE
    $10
  • $0.7068 USD

  • 1-3 days

  • subject to daily withdrawal limit

  • Convert major foreign currencies to and from Australian dollars
  • Available to Westpac customers only

$7,076 USD

  • IN PERSON
    $32
    BY PHONE
    n/a
    ONLINE
    $10
  • $0.7083 USD

  • 1-2 days

  • subject to daily withdrawal limit

  • Fast Transfers
  • Bank beating exchange rates
  • No transaction fees

$7,349 USD

  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7349 USD

  • 1 business day

^See information about the Mozo Experts Choice International money transfers Awards

*The exchange rates offered by each provider are indicative exchange rates that have either been supplied by each provider or gathered by Mozo. Exchange rates fluctuate constantly and as a consequence the exchange rates listed here may vary to the actual exchange rate you are quoted by a provider. Please ensure you confirm the actual exchange rate with the relevant provider prior to conducting any transaction. These exchange rates are updated every hour.

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

International money transfers to Japan FAQs

Where can you find the most competitive exchange rates? How do you know if a provider will handle your money safely? What are the features you should look for in an international currency provider? There’s seriously an endless list of questions to ask when it comes to sending money overseas! So if you’re looking for more clarity on the entire IMT process, read on as we run you through some of the common questions and concerns around converting your Aussie coin into Japanese yen. 

Who offers international money transfers to Japan?

When you scan our exchange rate calculator above, you’ll see there are typically three kinds of international money transfer providers. All of them have their pros and cons, so to help you decide which type of foreign exchange provider to go for, here’s a quick runthrough of each:

Banks.

Banks are a trusted source for dealing with international currency, especially given that you’re probably familiar with their services for other products such as savings account and credit cards. Using your bank to transfer your Australian cash to Yen is a convenient option but the only drawback is banks generally charge high conversion fees compared to international money specialists.

It’s still a good choice if you really don’t have the time to compare providers and exchange rates or if you’re making a small one-off transfer to a friend in Tokyo and don’t want to bother dealing with a new provider.   

Foreign currency agencies.

Foreign exchange specialists like OFX and HiFX are agencies that focus on international currency transactions. They generally operate online or over the phone, which means you can access their services no matter where you are.

The best part about transferring money with an international money agency is they are known to offer attractive exchange rates with relatively low conversion fees. This is generally the cheapest option for an international money transfer, especially if you’re planning on sending money to Japan on a regular basis.

Peer-to-peer platforms.

Peer-to-peer FX platforms like TransferWise offer a unique solution to transfer money to Japan through member matching. Wondering how that works? It’s quite simple actually. Say you want to convert AUD $500 to Japanese Yen, the provider will find other members who are also looking to convert a matching amount of Japanese Yen to Australian dollars. You can then transfer the money to the provider who will carry out the exchange.  

Peer-to-peer transfers are usually carried out online and providers apply the real exchange rate (also known as the mid-market rate) at the time of transfer. While peer-to-peer providers do charge a small fee, it is generally much lower than what the banks charge. And because they don’t normally have a minimum transfer limit, they are an ideal option if you’re only transferring a small amount of money. 

Is it safe to transfer money to Japan online?

Sure is! It’s safe to transfer money online as long as the foreign exchange provider you’re dealing with is regulated through ASIC. And if you’ve shortlisted an IMT agent using Mozo’s exchange rate calculator then you needn’t worry about this at all because we only list providers who’ll handle your money safely.

What features should I look for in an IMT provider?

When you’re comparing international money providers, there’s not just one but a combination of features that you need to consider. Here’s a quick snapshot of what these are and why they’re important.

1. Exchange rates. When you’re sending money to Japan, the higher the exchange rate the more Japanese Yen you’ll receive for your Aussie dollars. Remember that even a few cents difference in the exchange rate could save you a lot of money! Consider this - at the time of writing, TorFX was offering JPY 776,863 for $10,000 whereas a big bank was only offering JPY 724,802.  

2. Transfer limits. Many providers have a minimum and maximum limit on the amount of money you can send to Japan in one go. For instance, while a foreign currency agency might need you to convert at least $200 at a time, a bank may have a cap of $25,000 as the maximum amount that you can transfer.   

3. Turnaround time. This is the time a provider takes to process your request for an international money transfer. While the time can vary from one provider to another, it generally takes anywhere between 2-7 business days. If you’re in a big rush to send money, many providers offer quicker transfers for an extra fee.

4. Conversion charges. The fees a provider charges for carrying out the international money exchange can vary based on different factors such as the amount you’re transferring, if you’re sending money online or in person and if you’re after a one-off or regular transfer. Some foreign exchange agencies waive certain charges if you meet a specific criteria. For example, say you’re buying property in Osaka and need to send money regularly, an international currency specialist may offer fee free transfers if you engage with them long term.

5. Modes of money transfer. You can also pick a provider based on the transfer options they offer, for example, whether they give you the choice to make transfers at a branch in person, online or over the phone. Don’t forget, the fees charged for all the options can vary for different providers.

What are the steps of sending money to Japan?

Once you’ve shortlisted a suitable FX provider based on your needs, transferring money is quite an easy process, especially if you’re carrying it out online from the comfort of your home. Here’s a broad step-by-step description of how the transfer happens:

Step 1: Hit the ‘go to site’ button of the selected provider on Mozo’s exchange rate calculator above
Step 2: Register and set up a foreign exchange account through the provider’s website
Step 3: Decide the amount of money you want to transfer
Step 4: Double check the costs and exchange rate of the transfer
Step 5: Provide details of the recipient including their name and bank details
Step 6: Book the deal!