Compare US Dollar to Japan Yen For Sending Money to Japan from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.

154.34

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WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

154.34

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More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 

About USD and JPY

The US Dollar and the Japanese Yen are two of the most traded currencies in the world out of the 5 most popular currencies in the foreign exchange market today. Approximately $USD1.5 billion was remitted to Japan in 2017 according to the last report by the World Bank. These are incredibly high figures and a clear depiction of how money transfer is being highly prioritized between these two countries.

It is therefore important that you know the best ways of sending money from US to Japan before partaking in any transaction. 

The best way to send money from US to Japan

There are many reasons why anyone would want to send money from US to Japan. For a start, many US Citizens are residing in Japan either for studies, business or in search of better opportunities. You may want to send money to your relatives or family members living in Japan or simply pay for your college tuition fee. 

You will require the services of either bank, online money transfer companies or direct cash service providers to make your remittances for you. With that said, we have found out after a thorough analysis that:

    • The best company to use when sending money from US to Japan is OFX as it offers highly competitive exchange rates.

    • That OFX is the best option that enables you to remit money into the bank account of Japan.

    • The top three companies to use when sending money from US to Japan are OFX, TransferWise and Xoom.

    • Xoom offers direct cash pick-up of your money via the pick-up location of your recipient’s choice.

    • You can pay for your transfer using your bank account, credit card or debit card.

    • You can cash out using your bank account or through cash pick-up

    • You can also use Travelex and Western Union when sending money from US to Japan.

4 things to consider before sending money to Japan from US

To help you get the most out of your transfers and hence the most JPY for your USD, you have to make sure that: 

  1. Affordable exchange rates: The exchange rates are in check and fair from the service provider that you want to carry out the remittance for you.


  2. Supportive customer service: The customer service of the service provider you are using is good and they are ready to bail you out in case you experience any kind of trouble. 


  3. Transfer plan: You have a transfer plan that is clear and precise. You have to know how much you are sending, how you want it sent, how you want it delivered to your recipient and how fast you want your money to take on the transfer. All these put into check will lead to a successful transaction. 


  4. Transfer limit: You have to choose a service provider that can accommodate your amount as per your transfer plan. Your providers should state their minimum daily, weekly, monthly or yearly limit when sending your money from US to Japan.

The cheapest way to transfer money from US to Japan

The cheapest way of sending money from US to Japan is the one with the most affordable rates and the least transfer fees; that is OFX.

FAQ's

Does the exchange rate change when sending money from US to Japan?

Yes, it does. In the foreign market, the volatility or calmness of a state affects the way money is transferred into or out of the state. You have to also look at the exchange rates offered by different service providers and make sure that they are the best rates the market has to offer.

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Is it expensive to send money to Japan from the US?

The cost of sending money from US to Japan varies depending on the distance, mode of pick-up and the service provider you have chosen since they all have different rates. It is however vital to point out that online money transfer services are generally cheaper compared to many available options.

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Is it safe to send money to Japan online?

Provided that you have selected a legitimate company like the one available in our sites then you should not worry about the security of your money. However, you also need to make sure that you keep your personal details like your smart card number safe to eliminate any chances of hackers accessing your accounts. In case you send money to the wrong address, quickly reach out to the customer support for further directions.

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Historical Mid Market Exchange Rate From US Dollar (USD) to Japan Yen (JPY) (Weekly)

Current Exchange Rate(Mid Market) :- 154.34 JPY/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To JPY

Send US Dollar To JAPAN Receive Japan Yen
1 USD TO JPY 154.34
50 USD TO JPY 7717
100 USD TO JPY 15434
250 USD TO JPY 38585
500 USD TO JPY 77170
1000 USD TO JPY 154340
5000 USD TO JPY 771700
10000 USD TO JPY 1543400

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