Corridor
Sending money to the Philippines from Japan
1 JPY = 0.402831 PHP
What arrives in the Philippines
A transfer from Japan to the Philippines converts Japanese yen into Philippine pesos. Two things sit between the rate above and the amount your recipient sees: the fee the service charges, and the margin it adds to the rate itself. The second is usually larger, and is often not presented as a cost at all.
Daily reference rate vs what you’ll actually get
The JPY/PHP rate above is the daily reference rate published by European Central Bank euro foreign exchange reference rates on 2026-09-17. It is the reference point, not a price you can transact at.
Why the amount received is lower
- Transfer fee. A flat charge, or a percentage, taken by the sending service.
- Exchange rate markup. Most services apply a spread to the reference rate. This is usually the larger cost and is often not shown as a fee.
- Receiving method. Bank deposit, mobile wallet and cash pickup can carry different rates and charges (bank deposit, e-wallets and cash pickup are priced differently).
- Timing. Reference rates are published once per working day; a transfer is priced when it is executed.
What a markup costs
Illustration only, not a quote from any provider: at a 1.5% markup with a ¥500 fee, sending ¥100,000 delivers about ₱39,480 instead of the ₱40,283 the daily reference rate implies — a difference of ₱803.
Sending money? What recipients typically get
Provider comparisons are not published for this pair yet. They appear here once a partner data feed is in place, each row carrying the fee, the rate used and the date it was last checked.
Before you send
- Compare the rate, not just the fee. A service advertising no fee may take more through its margin than one charging a flat amount.
- Check the receiving method. Bank deposit, mobile wallet and cash pickup can be priced differently (bank deposit, e-wallets and cash pickup are priced differently).
- Check when it is priced. The reference rate is published once per working day; a transfer is converted when it is actually executed.