JPY to INR Exchange Rate Today
Japanese Yen to Indian Rupee conversion for Indian IT professionals and students in Japan. Our JPY/INR calculator provides 30-minute rate updates for remittances from Tokyo, Osaka, Nagoya to families across India.
1000 JPY =
599.46INR
1 INR = 1.6682 JPY
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JPY to INR conversion table
Common amounts at the current mid-market rate of 1 JPY = 0.5995 INR.
| JPY | INR |
|---|---|
| 1 JPY | 0.5995 INR |
| 5 JPY | 3.00 INR |
| 10 JPY | 5.99 INR |
| 25 JPY | 14.99 INR |
| 50 JPY | 29.97 INR |
| 100 JPY | 59.95 INR |
| 500 JPY | 299.73 INR |
| 1,000 JPY | 599.46 INR |
| 5,000 JPY | 2,997 INR |
| INR | JPY |
|---|---|
| 1 INR | 1.67 JPY |
| 5 INR | 8.34 JPY |
| 10 INR | 16.68 JPY |
| 25 INR | 41.70 JPY |
| 50 INR | 83.41 JPY |
| 100 INR | 166.82 JPY |
| 500 INR | 834.08 JPY |
| 1,000 INR | 1,668 JPY |
| 5,000 INR | 8,341 JPY |
Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.
What you actually get for 1,000 JPY
Nobody converts at the mid-market rate. At 1 JPY = 0.5995 INR, a perfect conversion of 1,000 JPY would be 599.46 INR. Here is what 4 services would really send, fee and exchange-rate margin included.
| Service | Their rate | Fee | You get |
|---|---|---|---|
| MoneyGramcheapest | 0.5966 | 1.49 JPY | 595.72 INR |
| XE | 0.5935 | — | 593.47 INR |
| Western Union | 0.5902 | 1.99 JPY | 589.04 INR |
| Wise | 0.5995 | 211.53 JPY | 472.66 INR |
On 1,000 JPY, the gap between the best and worst option here is 123.06 INR — the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.
Typical pricing for a bank-funded transfer, not a live quote — promotional offers and payment method can change it. Check the provider before sending.
Frequently Asked Questions
What is today's Japanese Yen to Indian Rupee rate?
The JPY to INR exchange rate typically ranges between ₹0.55-0.60 per 1 JPY. Bank of Japan (BOJ) monetary policy, Japan's trade balance, and India's RBI decisions all influence this rate. With over 40,000 Indians living in Japan (IT professionals, engineers, students, and researchers), JPY to INR is an active corridor despite the smaller diaspora. Check our live converter for today's exact rate from OpenExchangeRates.
Which is the cheapest way to send money from Japan to India?
Indian professionals and students in Tokyo, Osaka, and Nagoya have several options: Wise (TransferWise) offers excellent JPY to INR rates with 0.5-1% margins, SBI Remit (powered by State Bank of India) provides competitive rates for Japan-India transfers, Remitly and WorldRemit offer fast digital transfers, and Japanese banks like MUFG, Mizuho, and SMBC charge higher fees (¥2,000-4,000 plus 2-3% margin). For regular remittances, Wise and SBI Remit save thousands of yen annually compared to traditional Japanese banks.
Why does JPY to INR rate fluctuate?
JPY/INR movements reflect: Bank of Japan's ultra-loose monetary policy (BOJ has kept rates near zero for decades), Japan's trade balance and exports, US-Japan interest rate differentials (affects JPY/USD, which impacts JPY/INR), India's RBI policy and inflation, and global risk sentiment (Yen strengthens as a safe haven during crises). When BOJ maintains loose policy, JPY weakens. When INR depreciates due to oil imports or inflation, you get more rupees per yen. The COVID-19 pandemic and BOJ's yield curve control also create volatility.
Do Japanese banks give fair JPY to INR exchange rates?
Japanese banks (MUFG, Mizuho, SMBC, Resona) typically charge 2-4% margins on JPY to INR conversions plus ¥2,000-5,000 transfer fees. Online platforms offer much better value: Wise charges 0.5-1% with transparent fees around ¥1,000-2,000, SBI Remit specializes in Japan-India transfers with competitive rates, and Remitly provides fast delivery. For a ¥100,000 transfer, using Wise or SBI Remit instead of MUFG can save you ¥3,000-5,000 in total costs.
Best time to send Yen to India?
Monitor BOJ policy meetings (8 times per year), US Federal Reserve decisions (affect USD/JPY), Japan's trade balance reports, India's RBI announcements, and risk sentiment. When JPY strengthens (safe-haven flows during crises) or INR weakens (inflation, oil imports), you receive more rupees per yen. Watch: BOJ Governor speeches, Japan's inflation data (BOJ targets 2%), US-Japan interest rate gap, Indian inflation reports, and global risk events. For monthly family support, regular transfers average out volatility. For large transfers like property purchases, timing INR weakness or JPY strength maximizes rupee value.
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