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🇯🇵 JPY / 🇲🇽 MXN ✓ Official Mid-Market Rate (0% Markup) Independent Analysis

JPY to MXN Exchange Rate & Bank Wire Fee Comparison (2026)

Convert Japanese Yen (JPY) to Mexican Peso (MXN). The live interbank midpoint rate is 1 JPY = 0.1302 MXN. Compare hidden currency conversion spreads across major international wire systems.

Live Converter

JPY to MXN Real-Time Calculator

Sourced via Central Bank Interbank Feeds
Quick amounts
¥
→
Mex$
130.25
Official benchmark rate (0% markup applied)
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Historical Benchmarks

JPY to MXN Historical Exchange Rates

Official central bank reference rates across 30-day, quarterly, and annual lookbacks.

Official Reference Feeds
Period Interbank Midpoint Yield on ¥1,000 Trend / Variance
Today (Interbank Midpoint) 1 JPY = 0.1302 MXN Mex$130.25 Current Live Rate
30 Days Ago 1 JPY = 0.1297 MXN Mex$129.73 +0.4% (Higher)
90 Days Ago (Quarterly) 1 JPY = 0.1318 MXN Mex$131.81 -1.2% (Lower)
180 Days Ago (Half-Year) 1 JPY = 0.1275 MXN Mex$127.51 +2.1% (Higher)
1 Year Ago (52W Midpoint) 1 JPY = 0.1302 MXN Mex$130.25 +0.0% vs Annual Baseline
Settlement Timeline

JPY to MXN Delivery & Settlement Windows

Estimated delivery windows based on standard clearing rails and banking cut-off schedules.

Target System: SPEI / CLABE (18-digit code)
Direct Domestic Rail 0 - 2 Hours

Local Automated Clearing

Transfers settling through local domestic rails (SPEI / CLABE (18-digit code)) typically clear within hours during standard operating windows.

Weekend Processing: Active on 24/7 Rails
Retail SWIFT Wire 1 - 3 Business Days

Correspondent Banking

Traditional commercial banks route through intermediary correspondent networks, adding clearing stops and compliance verifications.

Standard Cut-off: 15:00 Local Bank Time
Banking Calendar Standard Schedule

Cut-off & Holiday Factors

Wires sent after Friday 15:00 local time or during official bank holidays in either origin or destination will hold until Monday morning.

Holiday Settlement: Next Business Day
⚠️

Important Clearing Disclaimer: Settlement timeframes are estimates based on standard bank operating windows and domestic clearing rail architectures (SPEI / CLABE (18-digit code)). Actual arrival is subject to originating bank cut-off deadlines, correspondent intermediary verification checkpoints, and international AML/KYC screening. Not a contractual arrival guarantee.

Institutional Market Windows

Global FX Market Trading Sessions & Real-Time Liquidity Clock

Live status of the four major international interbank wholesale currency dealing desks (UTC standard).

00:00:00 UTC
🇦🇺 Sydney Session
CLOSED
Wholesale Hours: 21:00 - 06:00 UTC
Pacific Clearing Window
🇯🇵 Tokyo Session
CLOSED
Wholesale Hours: 00:00 - 09:00 UTC
Asian Core Hub (21% Vol)
🇬🇧 London Session
CLOSED
Wholesale Hours: 08:00 - 17:00 UTC
European Core Hub (38% Vol)
🇺🇸 New York Session
CLOSED
Wholesale Hours: 13:00 - 22:00 UTC
Americas Core Hub (19% Vol)
🧭 Current Market Liquidity Status: Calculating...
Optimal execution: During London & NY overlap (13:00 - 17:00 UTC)

ℹ️ Market Operational Notice: Institutional trading sessions reflect international wholesale dealing hours. Retail bank wire transfers execute according to the sending and receiving commercial banks local business day cut-off calendars. For educational and liquidity timing analysis only.

Transfer Preparation

Required Details to Wire JPY to MXN

Make sure you have these exact payment credentials before initiating your transfer.

1. Recipient Identity

Beneficiary Full Name

Exact match as registered on recipient bank account.

2. Account Identifier

SPEI / CLABE (18-digit code)

IBAN, Account Number, or local domestic routing code.

3. Bank Code

SWIFT / BIC Code

8 or 11 character identifier of the recipient's bank branch.

4. Transfer Purpose

Payment Reference

Invoice number or descriptive reference for AML compliance.

Macroeconomic Analysis

JPY vs MXN: Central Bank Policy & Inflation Matrix

Official interest rate benchmarks and consumer price index (CPI) differentials shaping cross-border value.

Official Macro Indicators
🇯🇵

Japanese Yen (JPY)

Bank of Japan (BoJ)

Policy Rate

0.25%

Benchmark rate
Annual CPI Inflation

2.5%

Consumer prices
Estimated Real Yield (Rate - Inflation): -2.2%
🇲🇽

Mexican Peso (MXN)

Bank of Mexico (Banxico)

Policy Rate

10.5%

Benchmark rate
Annual CPI Inflation

4.5%

Consumer prices
Estimated Real Yield (Rate - Inflation): +6.0%
Policy Rate Differential: 10.25% (JPY vs MXN)
Inflation Differential: 2.00% (Annual CPI spread)
ℹ️

Macroeconomic Policy Notice: Central bank interest rates and CPI metrics are compiled from public statistical releases (Bank of Japan (BoJ), Bank of Mexico (Banxico)) for macroeconomic educational context. They do not constitute retail banking deposit guarantees or investment advice. WireCompare does not provide portfolio management or trading services.

Macroeconomic Valuation

JPY to MXN: Purchasing Power Parity (PPP) & Inflation Simulator

Simulate real consumer purchasing power erosion across cumulative central bank CPI inflation lookbacks.

1. Origin CPI Erosion +25.8%

To match the domestic purchasing power of ¥1,000 from 2020, you need:

Adjusted Domestic Principal

¥1,258.26 JPY

Based on cumulative Bank of Japan (BoJ) CPI figures.

2. Nominal Spot Payout Current Interbank

Converting that baseline principal today at current interbank spot (1 JPY = 0.1302 MXN) yields:

Nominal Spot Converted

Mex$130.25 MXN

Without real purchasing power adjustment.

3. Real PPP Equivalent +23.4% Target CPI

True purchasing power parity target in MXN to preserve original basket consumption:

Real PPP Target Value

Mex$163.85 MXN

Reflects bilateral real exchange rate parity.

Purchasing Power Parity Alignment Gauge: Calculated Parity

Relative inflation differential between JPY and MXN indicates historical purchasing power trajectory.

⚖️ Purchasing Power Parity (PPP) & Inflation Notice: Real purchasing power calculations are modeled from national Consumer Price Index (CPI) datasets published by official statistical bodies and IMF World Economic Outlook benchmarks. Compound inflation adjustments reflect representative consumer basket indices and do not guarantee specific commodity, asset, or real estate values. Provided strictly for educational and macroeconomic comparative analysis.

Interactive Trend Analysis

JPY to MXN Historical Exchange Rate Chart

Real-time interbank rate trajectory across standard historical observation periods.

Period Low

--

Period High

--

Period Average

--

Current Spot

Mex$0.1302

⚖️ Historical Data Disclaimer: Historical exchange rate trajectory is synthesized from official central bank reference fixes and interbank mid-market fixes. Past foreign exchange movements do not predict future trends. For informational, educational, and analytical benchmarking purposes only.

Corridor Volatility & Trend

52-Week Exchange Rate Position

Liquidity Status: High & Stable
52W Low: Mex$0.1250 Current: Mex$0.1302 52W High: Mex$0.1355
Lower bound Current rate sits at 50.0% of annual range Upper bound
Independent Market Analysis

Compare Wire Transfer Costs: JPY to MXN

Estimates based on standard retail bank margins vs direct interbank rail settling.

Zero Promotional Bias
¥1,000 JPY
¥250 ¥5,000 ¥10,000 ¥20,000
Benchmark

Direct Midpoint Rail

0.0% Rate Markup (Interbank)

Rail Fee:¥4.50
Rate:0.1302
Clearing:Instant / Same Day
Recipient Receives

Mex$130.25

Maximum Yield

Optimal Benchmark Rail
Retail SWIFT

Commercial Banks

~3.2% Hidden FX Margin

SWIFT Fee:¥25.00
Bank Rate:0.1261
Speed:2-4 Business Days
Recipient Receives

Mex$872.53

-Lost to Hidden Margin

High Intermediary Margin
Consumer Wallet

Global Wallets

3.5% Currency Spread

Tx Fee:¥4.99
Rate:0.1257
Speed:Instant (Closed Wallet)
Recipient Receives

Mex$887.41

Closed loop balance

Convenient but Marked Up
Cash Agent

Cash Remittance

Retail Spread + Cash Fee

Counter Fee:¥8.00
Rate:0.1271
Speed:Physical Counter / 1 Day
Recipient Receives

Mex$896.12

Physical cash pickup

Agent Network Fee
Transparent Cost Breakdown

Traditional Bank Wire Cost Itemization (JPY to MXN)

See how retail banks charge upfront wire fees, SWIFT intermediary deductions, and currency markup.

Based on G20 Remittance Pricing Metrics
Transfer Principal: ¥1,000.00 JPY
1. Originating Bank Upfront Wire Fee

Fixed outgoing international wire tariff charged by retail banks.

¥25.00
2. SWIFT Intermediary / Correspondent Bank Fee

Charged by routing banks under standard SWIFT SHA/BEN clearing rules.

¥20.00
3. Retail Exchange Rate Margin (Hidden Spread)

Typical 2.8% markup added on top of the interbank midpoint.

¥28.00
Total Traditional Bank Friction: -¥73.00
Recipient Receives via Commercial Bank: Mex$883.60
Transparent Direct Rail 0% Rate Markup
Direct Domestic Clearing Fee: ¥4.50
Intermediary Correspondent Deductions: ¥0.00 (Bypassed)
Currency Exchange Markup: 0.00% (Interbank Spot)
Recipient Receives: Mex$129.66
Estimated Direct Advantage: +Mex$-753.94

🔒 Benchmarking Methodology & Regulatory Notice: The simulated fee itemization reflects empirical retail banking wire pricing standards reported under the G20 Financial Stability Board cross-border payment targets and World Bank Remittance Prices Worldwide dataset. SWIFT correspondent deductions depend on whether the transfer is initiated as OUR, SHA, or BEN, and intermediary routing hops. WireCompare is an independent analytical benchmark engine, not a regulated bank.

Lookup Tables

JPY to MXN Fast Conversion Matrix

Direct interbank rate values compared against typical commercial bank payouts.

🇯🇵 JPY to 🇲🇽 MXN

1 JPY = 0.1302 MXN
Amount Mid-Market Rate Bank Payout Hidden Spread
¥1 JPY Mex$0.13 MXN Mex$0.00 -Mex$2.53
¥5 JPY Mex$0.65 MXN Mex$0.00 -Mex$2.54
¥10 JPY Mex$1.30 MXN Mex$0.00 -Mex$2.56
¥25 JPY Mex$3.26 MXN Mex$0.63 -Mex$2.63
¥50 JPY Mex$6.51 MXN Mex$3.78 -Mex$2.73
¥100 JPY Mex$13.02 MXN Mex$10.09 -Mex$2.94
¥250 JPY Mex$32.56 MXN Mex$29.00 -Mex$3.56
¥500 JPY Mex$65.12 MXN Mex$60.52 -Mex$4.61
¥1,000 JPY Mex$130.25 MXN Mex$123.56 -Mex$6.69
¥5,000 JPY Mex$651.25 MXN Mex$627.88 -Mex$23.36
¥10,000 JPY Mex$1,302.49 MXN Mex$1,258.29 -Mex$44.20

🇲🇽 MXN to 🇯🇵 JPY (Reverse)

1 MXN = 7.6776 JPY
Amount Mid-Market Rate Bank Payout Hidden Spread
Mex$1 MXN ¥7.68 JPY ¥0.00 -¥148.88
Mex$5 MXN ¥38.39 JPY ¥0.00 -¥149.87
Mex$10 MXN ¥76.78 JPY ¥0.00 -¥151.10
Mex$25 MXN ¥191.94 JPY ¥37.16 -¥154.78
Mex$50 MXN ¥383.88 JPY ¥222.96 -¥160.92
Mex$100 MXN ¥767.76 JPY ¥594.55 -¥173.21
Mex$250 MXN ¥1,919.40 JPY ¥1,709.34 -¥210.06
Mex$500 MXN ¥3,838.80 JPY ¥3,567.32 -¥271.48
Mex$1,000 MXN ¥7,677.60 JPY ¥7,283.28 -¥394.32
Mex$5,000 MXN ¥38,388.01 JPY ¥37,010.96 -¥1,377.05
Mex$10,000 MXN ¥76,776.02 JPY ¥74,170.55 -¥2,605.47
Mid-Market Rate

0.1302

1 JPY = Mex$0.1302

Inverse Rate

7.6776

1 MXN = ¥7.6776

52-Week Range

0.1250 - 0.1355

Annual volatility band

Target Bank System

SPEI / CLABE (18-digit code)

Clearing rail for MXN

Knowledge Base

Frequently Asked Questions (JPY to MXN)

Click any question to expand
Q What is the current exchange rate for JPY to MXN?
As of 2026, the real mid-market interbank rate is 1 JPY = 0.130249 MXN. This is the true benchmark rate with zero hidden bank markup.
Q How much does a bank charge to send JPY to MXN?
Most traditional high-street banks charge a front-end wire fee of around ¥25 plus a 2.5% to 4% hidden exchange rate markup. On a ¥1,000 transfer, you typically lose around Mex$6.73 compared to specialized neobanks like Wise.
Q What bank codes are needed to send MXN to Mexico?
To receive MXN in Mexico, the recipient typically needs to provide their SPEI / CLABE (18-digit code).
Q How fast does an international transfer take between JPY and MXN?
Using modern digital payment networks (like Wise or local fast rails), transfers often arrive within minutes or hours. Traditional SWIFT bank wires take 2 to 4 business days.

Related Corridors From JPY

View Reverse: MXN to JPY →