EUR → JPY · Real-time rate

Convert euros
into Japanese yen (EUR → JPY)

Change your euros (EUR) into Japanese yen (JPY) at the real interbank rate, in real time. Ideal to prepare a trip to Japan or settle a purchase in yen, with a margin from 0.40% and no hidden fees.

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EUR → JPYCurrency pair
Real timeMarket rate
0.40%Margin from
35'000+ clientsIndividuals & businesses
CHF 1 Billion+Exchanged since 2018
Up to 10× cheaperThan a traditional bank
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Affiliated with SO-FIT (SRO)*
The EUR/JPY conversion in brief

Convert euros into Japanese yen, at the right rate

The essentials for changing your EUR into JPY with no nasty surprise on the rate or the fees.

The real EUR/JPY rate

The interbank rate (mid-market), with no inflated margin hidden in the displayed rate.

A margin from 0.40%

Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.

A real rate for Japan

Travel, e-commerce or paying a supplier: enjoy the market rate on your yen.

A reliable Swiss partner

ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.

What you really pay

EUR → JPY: ibani, bank or exchange office ?

On a yen exchange, the margin applied to the rate makes all the difference to the amount you receive.

CriterionibaniBankExchange office
Starting rateReal interbank"In-house" rate"In-house" rate
Exchange marginFrom 0.40%~1.5 to 2%Often > 2%
Transfer feesTransparentVariable—
Margin on 1'000 EUR*~4 EUR~15 to 20 EUR> 20 EUR
100% digital trackingYesPartialNo

*Indicative orders of magnitude for a 1'000 EUR exchange into yen. See the details on our Rates page.

Rate trend

Live EUR / JPY exchange rate

Follow the pair's trend to choose the right moment for your exchange.

Conversion tables

How much is 1 EUR in JPY (and the other way round) ?

Indicative amounts, ibani margin included, updated continuously.

EURJPY
EUR 1—
EUR 5—
EUR 10—
EUR 50—
EUR 100—
EUR 500—
EUR 1'000—
EUR 5'000—
EUR 10'000—
EUR 50'000—
JPYEUR
JPY 100—
JPY 500—
JPY 1'000—
JPY 5'000—
JPY 10'000—
JPY 50'000—
JPY 100'000—
JPY 500'000—
JPY 1'000'000—
JPY 5'000'000—
How to convert

Your EUR changed into JPY, in 3 steps

Create your ibani account for free

100% digital sign-up in 5 minutes, with no opening or account maintenance fees.

Fund your account in euros

Top up your ibani account in EUR by transfer, then choose the amount to convert into yen.

Convert into yen at the real rate

ibani changes your EUR into JPY at the market rate and executes your transfer to the beneficiary of your choice.

Other pairs

Convert other currencies

From the euro (EUR)
EUR USD EUR GBP EUR CHF EUR CAD EUR SGD
The Japanese yen (JPY)
CHF JPY

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The economics of the pair

EUR/JPY: the ECB versus the Bank of Japan

The rate between the euro (EUR) and the Japanese yen (JPY) is one of the most traded pairs in the world. Its dynamics are first and foremost driven by the monetary policy gap between two central banks : the European Central Bank (ECB) and the Bank of Japan (BoJ).

For many years, the Bank of Japan kept interest rates very low, even negative, while the ECB gradually raised its own. This yield gap encouraged many investors to borrow in yen to invest elsewhere (the "carry trade"), which weighed lastingly on the JPY and pushed EUR/JPY higher.

The yen nonetheless retains its safe-haven status : during episodes of strong risk aversion on the markets, it can strengthen rapidly. The pair therefore remains sensitive to two forces : the ECB/BoJ rate gap on one side, and risk appetite on the other. A more marked tightening of Bank of Japan policy is one of the main factors likely to support the yen against the euro.

Written by Brice Delhome.

Frequently asked questions

Frequently asked questions about EUR/JPY exchange

The EUR/JPY rate mainly reflects the monetary policy gap between the European Central Bank (ECB) and the Bank of Japan (BoJ). When the ECB keeps rates higher than the BoJ, the euro tends to appreciate against the yen. The pair also reacts to risk appetite : the yen, a safe-haven currency, often strengthens during periods of market tension.

For years, the Bank of Japan kept interest rates very low, even negative, while the ECB raised its own. This yield gap prompted many investors to sell yen in favour of better-paying currencies such as the euro, contributing to the weakening of the JPY. A lasting rebound of the yen depends on a tightening of BoJ policy.

There is no universal ideal moment. The EUR/JPY rate moves continuously with the markets and the decisions of the ECB and the Bank of Japan. The best approach is to follow the real rate in real time and trigger your exchange when the level suits you, rather than accepting a fixed rate with a hidden margin.

ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. Transfers to a yen account may, however, involve correspondent bank fees, which are independent of ibani. See the details on the Rates page.

Change your euros
into yen at the right rate.

Convert your EUR into JPY at the real interbank rate and transfer with no hidden fees. Free account opening, 100% digital, in 5 minutes.
OPEN A FREE ACCOUNT All converters

✓ Real interbank rate  ·  ✓ Margin from 0.40%  ·  ✓ Affiliated with SO-FIT (SRO)

* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.

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Swiss financial intermediary subject to the AMLA regulatory framework

Your money is handled with the utmost regulatory rigour.

ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.

ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).