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Pounds to Japanese yen

Here you'll find everything you need to know about sending pounds to Japanese yen, including the current exchange rate, historical charts, news and more.

GBP to JPY transfers

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We aim to respond to any enquiry as soon as possible. In the meantime, if there is anything else we can help you with, please let us know.

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GBP JPY exchange rate

The current exchange rate for pounds to Japanese yen is:

1.12747*

This converter uses indicative 'interbank' rates. See below for more details. For our exchange rates, just click 'Get a quote'.


Get the latest pound to Japanese Yen exchange rates

Those looking to live, regularly visit or work in Japan will need to convert their pounds to Japanese yen in order to meet the costs involved. People use the GBP/JPY exchange rate to send money to Japan to cover living expenses, buy property, or relocate permanently, and getting the best possible return on such transfers means securing a competitive exchange rate.

GBP/JPY exchange rate facts

The pound’s difficult recovery from the financial crisis and the UK’s subsequent recession was mostly undone by the volatility surrounding the UK’s Brexit referendum.

  • The collapse of Lehman Brothers during the financial crisis saw markets fleeing for the safest currencies on the market, causing the GBP/JPY exchange rate to tumble.
  • The lowest rate seen for the pound Sterling to Japanese yen currency pairing in the last ten years is ¥117.23.
  • The highest GBP/JPY exchange rate was reached in late 2015, when the pairing hit ¥195.46.

Key information for the pound and Japanese Yen

The pound is also known as Sterling, while the GBP/JPY currency pairing is sometimes referred to as the ‘Geppy’ or ‘Guppy’.

Japanese paper money comes in denominations of ¥10,000, ¥5,000, ¥2,000 and ¥1,000. Coins are available in denominations of ¥500, ¥100, ¥50, ¥10, ¥5 and ¥1. The five and fifty Yen coins are something of a rarity in terms of global currency as they are one of the few coin designs worldwide to feature a hole in the middle. Apart from the ¥5 yen coin, all notes and coins have their value written on them in Arabic numerals.

Factors that influence GBP/JPY exchange rate movement

Because the UK economy is driven largely by consumer spending, data relating to the performance of the service sector has a big impact on the pound. Since the UK’s EU referendum, political developments have created more extensive Sterling fluctuations.

The Japanese Yen is one of the world’s safest currencies from an investment point of view, with the currency typically experiencing comparatively low levels of volatility. In times of global unease, the GBP/JPY exchange rate tends to weaken as investors turn to the safer Yen.

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Political anxiety weighed heavily on the pound yesterday as Theresa May agreed to set a departure date after MPs vote on her withdrawal agreement for the fourth time.

Pound sinks, May to step down by the summer?

The pound fell to new multi-month lows on Thursday as Theresa May agreed to set out a timetable for her departure as PM.

EUR/GBP rises almost 3 pence

May is marching on and the euro has spent the first half of the month strengthening against the pound (with EUR/GBP rising from 0.84 to 0.87) and fluctuating against the US dollar (with EUR/USD trading around 1.12).

Pound sinks on cross-party doubts

The pound suffered some sharp losses yesterday as concerns over the state of the cross-party Brexit talks continue to grow.

Could Eurozone growth data shore up euro?

EUR exchange rates could find a boost this morning if the first quarter Eurozone gross domestic product shows signs of resilient growth.

Pound softens on mixed employment data

The pound was left on the defensive during Tuesday’s session, with markets shying away from the UK currency as a fall in domestic wage growth weakened sentiment.

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