🇲🇽 MXN to 🇯🇵 JPY — Convert Mexican Peso to Japanese Yen
1 Mexican Peso = 9.1783 Japanese Yen
MXN/JPY Exchange Rate History
🇲🇽 MXN to 🇯🇵 JPY Conversion Table
| Mexican Peso (MXN) | Japanese Yen (JPY) |
|---|---|
| Mex$1 | ¥9.1783 |
| Mex$5 | ¥45.8917 |
| Mex$10 | ¥91.7833 |
| Mex$25 | ¥229.4583 |
| Mex$50 | ¥458.9166 |
| Mex$100 | ¥917.8332 |
| Mex$500 | ¥4,589.17 |
| Mex$1,000 | ¥9,178.33 |
| Mex$5,000 | ¥45,891.66 |
| Mex$10,000 | ¥91,783.32 |
MXN/JPY 30-Day Market Statistics
Over the past 30 days, the Mexican Peso to Japanese Yen exchange rate has risen by 0.6652%, moving from 9.1399 to 9.2007. It traded between a low of 8.9718 on May 4 and a high of 9.2084 on May 24, averaging 9.1316. With a high-to-low spread of 2.5910%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇲🇽 About the Mexican Peso (MXN)
The Mexican Peso is the most traded currency in Latin America and a popular emerging-market currency for carry trades thanks to relatively high interest rates. Its economy is deeply integrated with the United States.
Issuing authority: Bank of Mexico (Banco de México).
🇯🇵 About the Japanese Yen (JPY)
The Japanese Yen is the third most traded currency and the most traded in Asia. It is widely used as a funding currency for the carry trade because of Japan's traditionally low interest rates, and it strengthens as a safe haven in times of market stress.
Issuing authority: Bank of Japan (BOJ).
What Moves the MXN/JPY Exchange Rate?
The MXN to JPY rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Mexican Peso (MXN): Trade and manufacturing ties to the US, Banxico's high interest rates, oil revenue, and remittance inflows.
Japanese Yen (JPY): Bank of Japan ultra-loose monetary policy and any shift away from it, the interest rate gap with the US, and safe-haven demand during global risk-off periods.
When demand for the Mexican Peso rises relative to the Japanese Yen, the MXN/JPY rate increases, meaning each MXN buys more JPY. The opposite happens when the Japanese Yen strengthens.
How to Convert MXN to JPY
- Enter the amount of MXN you want to convert in the converter above.
- The equivalent in JPY is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (JPY to MXN).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange MXN to JPY
Getting a rate close to the mid-market rate above can save you money, especially on larger Mexican Peso to Japanese Yen amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.