Buy, Sell Or Transfer Japanese Yen At The Best Rates In India
BookMyForex Compares forex rates across hundreds of banks and forex companies in your area and helps you discover the best rate for your forex requirement
Live Japanese Yen Exchange Rates
| JPY Interbank Rate | ₹0.7049 |
| JPY Buying Rate | ₹0.5508 |
| JPY Selling Rate | ₹0.6978 |
| JPY Remittance Rate | ₹0.7449 |
The Japanese Yen is the currency of Japan that was officially adopted in 1871 by the Meiji government to modernize the economy of the country. The currency ranks third in the list of the world's most traded currency and fourth among the most reserve currencies.
It was among the best-performing currencies of 2018 as reported by CNBC. The zero rates of the Japanese Yen have contributed greatly to making the country one of the biggest investors in the global market. The economic and technological advancements of Japan make the Japanese Yen one of the most valued currencies.
Buy/Sell Japanese Yen
The economic growth and tourist attractions of Japan urges both investors and tourists to seek the Yen. The popularity of the yen as a funding currency contributes to the increase of its value in times of uncertainty in the market. In other words, you can profit from the Yen's increased value during market crashes.
In the light of the current fall in currency values resulting from the pandemic, staying updated about the exchange rate is crucial. It will help you in deciding when to trade in to obtain a maximum profit. With BookMyForex you can check live exchange rates to know the best values. You can also check the buying and selling rates and compare to make a better market prediction.
Stop Paying for Foreign Exchange
Many of the foreign exchange providers charge additional fees for the currency exchange. Be it for business or individual needs, such extra costs during currency exchange may feel irrelevant. But you can skip such charges by opting for exchanging currencies with BookMyForex that does the job without charging anything extra.
