EUR to JPY exchange rate
Mid-market EUR/JPY — the rate banks trade with each other, before anyone adds a margin. Use it as the benchmark for any quote you are given, including ours.
EUR to JPY at a glance
Converted at the mid-market rate above. A bank pricing the same amounts would typically build in 3–4%, which is the gap a specialist desk closes.
| Euro | Japanese Yen |
|---|---|
| €100.00 | ¥18,159.31 |
| €250.00 | ¥45,398.28 |
| €500.00 | ¥90,796.57 |
| €1,000.00 | ¥181,593.14 |
| €2,500.00 | ¥453,982.85 |
| €5,000.00 | ¥907,965.69 |
| €10,000.00 | ¥1,815,931.38 |
| €25,000.00 | ¥4,539,828.46 |
| €50,000.00 | ¥9,079,656.92 |
| €100,000.00 | ¥18,159,313.84 |
What moves the EUR/JPY rate
The EUR leg
The euro takes its direction from ECB policy and the growth gap between the euro area's largest economies, with peripheral bond spreads as a stress signal.
The JPY leg
The yen is the classic funding currency and a safe haven, so it strengthens in market stress and weakens when the Bank of Japan holds policy looser than its peers.
Delivering JPY
Japanese banks match the beneficiary name in katakana against the account exactly; a mismatch is the most common cause of a held payment.
EUR/JPY questions
What is the EUR/JPY exchange rate today?+
The mid-market EUR/JPY rate is 181.59, meaning 1 EUR buys 181.59 JPY. This is the rate banks quote each other, before any margin is added — it is the number to compare any quote against.
Why is the rate I am offered lower than the EUR/JPY mid-market rate?+
EUR/JPY is one of the most liquid pairs in the market, so the underlying spread a provider pays is tiny. Almost every provider still adds a margin to the mid-market rate instead of charging a visible fee, which means the exchange rate itself is the cost — and on a pair this liquid, a rate 3-4% off mid-market is a pricing decision rather than a cost of trading.
How long does a payment in JPY take to arrive?+
Japanese banks match the beneficiary name in katakana against the account exactly; a mismatch is the most common cause of a held payment.
Can I fix a EUR/JPY rate for a future payment?+
Yes. A forward contract fixes today's rate for settlement up to 24 months ahead, which removes the risk of the rate moving between agreeing a price and paying it. That is common on property purchases and scheduled supplier payments.
Other EUR rates
More on each currency: Euro · Japanese Yen · All live rates
Get a quote
Tell us what you're moving and a specialist will come back with a live rate and next steps — usually within one business hour.