About this pair
JPY/INR: what to know
The JPY/INR rate shows how much INR you get for 1 JPY. Right now, 1 JPY buys 0.5917 INR at the mid-market rate. In the other direction, 1 INR is worth 1.6902 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while INR responds to oil prices and capital flows.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the JPY/INR rate has ranged between 0.5628 and 0.6089 — a change of +1.11% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.