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INR
Buy, Sell or Transfer Japanese Yen (JPY) in India at the best exchange rates
| Currency Name | Buy Rate (Card Rate) | Sell Rate |
|---|---|---|
| View Detailed Rate card | ||
Converting one currency to another is an essential task if you are willing to travel to a foreign country or carry out monetary transactions. As of today, the exchange rate of JPY to INR is INR 0.61 per JPY and to get 1 INR, you need to have 1.64 JPY. Let's understand this better with an example: Sumitra Kushal lives in Tokyo with her husband. She wants to transfer 50,000 JYP to her siblings in India. So, owing to the current exchange rates, Sumitra's siblings in India will receive INR 30,500. On the other hand, if someone sends her INR 50,000 from India to Japan, Sumitra will receive INR 82,200.
Converting currency has become an easy task with the growing technological advancements. However, one essential step prior to the actual transaction is calculating the amounts. You can easily do so by using a currency converter . It is an online tool that helps you calculate the actual converted amount in no time. All you need to do is enter the amounts in JPY to INR or vice-versa. As today's exchange rate is INR 0.61 per JPY, the converted amounts will be:
1 JPY= INR 0.61
100 JPY= INR 61
1000 JPY=INR 610, and
INR 1= 1.64 JPY
INR 100= 164 JPY
INR 1000= 1,640 JPY.
The exchange rate is affected by several reasons but is fixed by the monetary authorities of the different countries. Taking into consideration the current global market rates and different factors, the monetary authorities fix the exchange rate. Bank of Japan is the central bank of Japan while the Reserve Bank of India is India's monetary authority. Both banks are responsible for maintaining the value of the currency and looking after the possibilities to increase the value of its national currency.
Japanese Yen is represented with the symbol ¥ which is basically like a capital Y with two horizontal lines. On the other hand, the Indian National Rupee is represented with the symbol ₹ that also has two horizontal lines. Apart from the strong present bond between both countries, the cultural ties date back to ancient times when Buddhism spread from India to Japan. Both countries also share bilateral trade relations and have a good share of imports and exports. India exports marine and petroleum products to Japan while importing precious metals, precious stones, marine products, etc. In future, it is expected to see the relations grow stronger.
Disclaimer: The figures are for illustrations only, as the currency rates are subject to change.
The world is digitizing and today there’s barely anything that you can’t buy or sell online. You are no longer required to personally go to a local currency exchange vendor to sell your leftover foreign exchange. You can now sell forex online from the comfort of your home. Visit the Thomas Cook website, enter the details, and you are good to go. Don’t worry about the mode of currency. We accept everything, from a traveler’s cheque to forex cards.
Thomas Cook takes pride in being one of the world’s leading forex and travel partners. Our commitment to work has allowed us to offer travel solutions that are sure to enrich your traveling experience. What are you waiting for? Convert JPY to INR today. Speak to our forex experts and get the best Yen to the Rupee exchange rate.
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