Japanese Yen to Mexican Peso (JPY/MXN) Exchange Rate Today
Sending moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
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JPY to MXN Conversion Table
Common amounts converted from Japanese Yen to Mexican Peso at today's rate.
| Japanese Yen (JPY) | Mexican Peso (MXN) |
|---|---|
| 1 JPY | — |
| 5 JPY | — |
| 10 JPY | — |
| 25 JPY | — |
| 50 JPY | — |
| 100 JPY | — |
| 250 JPY | — |
| 500 JPY | — |
| 1,000 JPY | — |
| 5,000 JPY | — |
| 10,000 JPY | — |
| 50,000 JPY | — |
How much Mexican Peso will you actually receive?
Estimated cost to convert JPY 1,000 to MXN with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | MXN received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare JPY to MXN providers
The JPY/MXN corridor handles significant transfer volume. If you send money regularly between Japanese Yen and Mexican Peso, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
JPY/MXN rate statistics
Is today's JPY/MXN rate good or bad?
We compare today's live Japanese Yen to Mexican Peso mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, JPY holders get more Mexican Peso per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
A textbook carry trade pair. Mexico offers some of the highest real interest rates among major economies while Japan has held rates near zero for decades. Traders borrow yen cheaply to buy peso-denominated assets, making this pair extremely sensitive to global risk appetite.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the JPY/MXN exchange rate?
The JPY/MXN rate tracks how many Mexican Peso one Japanese Yen buys. A classic carry trade pair. Mexico's high interest rates attract yield-seeking capital funded by borrowing in low-rate yen. This makes MXN/JPY one of the most risk-sensitive pairs in forex - it tends to rise in calm markets and drop sharply during stress.
JPY is issued by the Bank of Japan (BOJ) (ranked 3rd globally - meaning it's the 3rd most bought and sold currency in the world). MXN is issued by the Banco de México (Banxico) (ranked 12th). Full JPY profile | Full MXN profile
Japanese Yen to Mexican Peso is widely checked by US-Mexico cross-border workers and travellers visiting Mexico.
What drives this rate? A classic carry trade pair: Mexico's high interest rates attract yield-seeking flows funded by Japan's near-zero rates. Banxico vs BOJ policy divergence is the primary driver, amplified by risk sentiment shifts.
Is today's JPY/MXN rate good or bad?
The Japanese Yen to Mexican Peso mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The JPY/MXN corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Japanese Yen to Mexican Peso? Read this first
Sending money to Mexico? The US-Mexico remittance corridor handles $60+ billion annually. Many services compete for this market, so rates are often competitive. Compare the delivered amount, not just the rate.
Watch out: Banks typically charge 3-5% on JPY to MXN transfers. Regulated online services like Wise are equally safe and usually much cheaper. Always compare the final received amount, not just the fee.
Did you know?
- Japan's 500-yen coin is one of the highest-value coins in regular worldwide circulation, worth about $3.30.
- Mexico's 20-peso polymer note won the International Bank Note Society's 'Bank Note of the Year' award in 2022 for its design featuring a mangrove ecosystem.
Frequently asked questions
What moves the JPY/MXN exchange rate?
A classic carry trade pair: Mexico's high interest rates attract yield-seeking flows funded by Japan's near-zero rates. Banxico vs BOJ policy divergence is the primary driver, amplified by risk sentiment shifts.
Is it better to use a card or withdraw cash for Mexican Peso?
For most travelers, a card with no foreign transaction fee is the simplest and cheapest option - provided you always choose to pay in Mexican Peso (the local currency) rather than Japanese Yen. Choosing your home currency triggers Dynamic Currency Conversion (DCC), which typically adds 3-5% on top. If you need cash, withdraw from ATMs in-country rather than exchanging at airports.
How much does it cost to send money between JPY and MXN?
Costs vary widely. Banks typically charge a fixed fee ($15-50) plus a 2-4% markup on the exchange rate. Online services like Wise or Remitly often have lower fees and tighter spreads. The total cost includes both the fee and the exchange rate markup - always compare the final amount the recipient would get, not just the advertised fee or rate.
Learn more
- Bank of Japan - Daily FX Rates - Official BOJ exchange rate data
- Banxico - Exchange Rates - Banco de Mexico daily rates
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.