JPY → 
EUR Rate as of2026-05-18 JPY to EUR Converter.
⚡
Current rate
1 JPY = 0.00625 EUR as of 2026-05-18. JPY-EUR has been one of the most dramatic G10 stories of the past five years — JPY weakened from around 0.0078 EUR (~128 yen per euro) in 2021 to a multi-decade low against EUR (~170 yen per euro, or 0.00588) by mid-2024 before recovering slightly to 0.00625 in 2026. The driver is the divergence between BOJ's ultra-loose monetary policy (negative rates until March 2024, then a slow normalization to 0.25-0.5% through 2025-26) and ECB's aggressive 2022-23 hiking cycle to 4.0% before gradual cuts. Japan-EU trade is substantial under the 2019 Economic Partnership Agreement (EPA).
💱
Rate as of 2026-05-18JPY → EUR Converter
¥
🇯🇵 ¥1 = 🇪🇺
€0.01
Rate: 1 JPY = 0.0063 EUR
Common conversions
| 🇯🇵 JPY | 🇪🇺 EUR |
|---|---|
| ¥1 | €0.01 |
| ¥10 | €0.06 |
| ¥100 | €0.63 |
| ¥500 | €3.13 |
| ¥1,000 | €6.25 |
| ¥5,000 | €31.25 |
| ¥10,000 | €62.50 |
| ¥50,000 | €312.50 |
| ¥100,000 | €625.00 |
✨ Mid-market rate · 2026-05-18 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend
JPY trend over time.
Today
0.00625
1 JPY = EUR
1 year ago
0.00605
↑ 3.3% in 12 months
5 years ago
0.0078
↓ 19.9% in 5 years
❓ FAQ
JPY to EUR FAQ.
Why has JPY weakened so dramatically against EUR?
The largest sustained monetary policy divergence in G10 history. BOJ held rates at -0.1% through March 2024 even as ECB hiked from -0.5% to 4.0% — a peak 4.5% policy spread. Yen-funded carry trades (borrow JPY at near-zero, invest in higher-yielding EUR or USD assets) drove massive structural JPY selling. BOJ's small 2024-25 tightening to 0.5% has reduced but not closed the gap, and Japan's structural deflation/demographic backdrop limits how fast BOJ can normalize.
How has weak JPY affected Japan-EU trade?
Hugely beneficial for Japanese exporters — Toyota, Sony, Honda, and Japanese pharmaceutical companies have all reported record EUR-denominated revenues since 2022. Conversely, European luxury brands (LVMH, Hermes, Kering) saw their Japan sales surge as inbound Asian tourism poured into Tokyo and Kyoto to take advantage of weak-yen shopping. The 2019 EU-Japan EPA tariff reductions amplified these flows.
Should Japanese travelers to Europe lock in EUR now or wait?
Hard to time precisely, but consensus among Japanese banks (MUFG, SMBC, Mizuho) is that JPY is undervalued vs EUR by 10-15% on PPP and real-effective-exchange-rate measures. If you have a confirmed EUR-denominated expense (tuition, property, multi-month trip), gradual averaging via Wise JPY-to-EUR conversions over 3-6 months has historically been the lowest-regret approach. Avoid airport bureaus in Tokyo (Narita, Haneda mark up 2-3%) — Sony Bank, SMBC Prestia, and Wise all offer near-interbank for digitally-managed transfers.
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