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INR → VND · VietnamJPY to INR Calculator
Enter any amount to see the exact converted value at today's live interbank rate — zero markup applied.
Today's Exchange Rates
JPY to INR — Everything You Need to Know
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1 JPY to INR today
The mid-market rate is the midpoint between the buy and sell prices on the global currency market. It is what Google shows. It is not what your bank charges.
The JPY to INR rate moves on Bank of Japan policy decisions and global risk sentiment. The yen has historically been a safe-haven currency, strengthening when global markets turn risk-off. BoJ's long-running ultra-low interest rate policy keeps the yen relatively weak compared to higher-yielding currencies. Japan's trade balance and energy import bill also influence the yen.
The rate you see on Google is a reference number. The rate you transact at depends on who you buy from.
GST on the service component (tiered) + TCS above ₹10 lakh per FY apply per LRS rules. Disclosed upfront.
What 1 JPY to INR actually costs you
Here is where most travellers lose money on a Japan trip without realising it. A bank or airport counter quoting JPY at the mid-market rate plus a markup will not show that markup as a separate line item. It is built into the exchange rate.
On a typical Tokyo-Kyoto-Osaka trip, a family buys hundreds of thousands of yen for hotels, the JR Pass, dining, and shopping. Even a small per-yen markup compounds into a meaningful rupee figure across the trip budget. Airport counters in Delhi, Mumbai, and Tokyo usually carry the largest markups.
There are typically three cost layers on a JPY conversion: the exchange rate markup built into the quoted rate, a transaction or service fee, and GST charged on the service component.
Matrix Forex sells Japanese yen at the live interbank rate without a markup.
Ways to convert JPY to INR
A bank wire transfer suits larger amounts, particularly for business payments or property transactions in Japan. Processing takes one to three working days with the bank's exchange rate plus SWIFT charges.
Online forex providers let you book a rate online, then choose branch pickup or door delivery before departure. The booking locks the rate before payment.
A forex card is a prepaid card loaded with yen before travel. It works at point-of-sale and ATMs across Japan, though card acceptance is more limited than in many other developed economies. The Matrix Forex Card supports JPY alongside 27 other currencies.
Branch cash exchange is the most common choice for Japan — large parts of the local economy run on cash, especially smaller restaurants, temples, and rural areas.
Tax and limits on JPY to INR
Under the Liberalised Remittance Scheme, an Indian resident individual can remit up to USD 250,000 (or its JPY equivalent) per financial year for permitted purposes — travel, education, medical, family support, gifts, and investments.
TCS applies above ₹10 lakh per person per financial year. Education funded through a loan from a Section 80E recognised institution is at 0% TCS regardless of amount. Self-funded education and medical are at 5% above ₹10 lakh. Other LRS purposes including travel and gifts are at 20% above ₹10 lakh.
TCS is not a final tax. It is adjusted against your annual income tax liability.