Euro to Japanese Yen Conversion
Get the latest EUR to JPY exchange rate
1 EUR = 162.50 JPY
Current Exchange Rate (Live)
16,250 JPY
100.00 EUR equals
Exchange Rate: 1 EUR = 162.50 JPY
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Major cross-currency pair for international trade
About EUR to JPY Conversion
The EUR to JPY exchange rate represents one of the most important cross-currency pairs in global forex markets. Unlike major pairs that involve the US Dollar, EUR/JPY directly reflects the economic relationship between the Eurozone and Japan, making it particularly significant for international trade, carry trades, and as a barometer of global risk sentiment.
Our EUR to JPY converter uses live mid-market exchange rates updated hourly, providing you with the most conversion between Euros and Japanese Yen. Whether you're conducting European-Asian business transactions, forex trading, planning travel to Japan from Europe, or analyzing cross-currency movements, this tool delivers reliable EUR/JPY rates.
EUR/JPY: A Major Cross-Currency Pair
EUR/JPY is the second most traded cross-currency pair globally (after EUR/GBP). Key characteristics include:
- High Liquidity: Deep market with tight spreads, favored by forex traders and institutional investors
- Carry Trade Instrument: Historically used for borrowing low-yield yen to invest in higher-yield euro assets
- Risk Sentiment Indicator: JPY strengthens during market uncertainty (safe-haven flows), EUR strengthens during risk-on periods
- Policy-Driven Movements: Heavily influenced by European Central Bank (ECB) and Bank of Japan (BOJ) decisions
- Trade Flow Significance: Reflects EU-Japan trade relationships, particularly in automotive, technology, and manufacturing sectors
Current EUR to JPY Market Dynamics
As of 2026, several key factors drive EUR/JPY exchange rate movements:
- Interest Rate Differentials: ECB policy rates vs. BOJ ultra-low rates (or potential normalization)
- Monetary Policy Divergence: ECB's inflation targeting vs. BOJ's yield curve control and historic dovish stance
- Eurozone Economic Health: GDP growth, inflation, and political stability across EU member states
- Japan's Economic Indicators: Trade balance, inflation data, and economic growth metrics
- Global Risk Sentiment: Yen strengthens during crises; Euro benefits during stable growth periods
- China's Economic Performance: Affects both currencies as major trading partners
- Energy Prices: Europe's energy dependence vs. Japan's energy imports
Historical EUR/JPY Exchange Rate Context
The EUR/JPY rate has shown significant volatility over the years:
- 1999 Launch: Euro debuted around 133 JPY
- 2000 Low: Fell to 88 JPY (Euro weakness in early years)
- 2007-2008 Peak: Reached 170 JPY before financial crisis (carry trade boom)
- 2008-2009 Crisis: Crashed to 115 JPY (yen safe-haven flows, carry trade unwinding)
- 2012-2014 Rally: Rose to 145 JPY (Abenomics, BOJ massive easing)
- 2020 COVID-19: Volatility between 115-125 JPY
- 2022-2023: Strengthened to 140-160 JPY (BOJ maintaining ultra-low rates while ECB hiked)
- 2026: Currently trading around 160-165 JPY (ECB vs BOJ policy divergence)
EUR/JPY in Forex Trading Strategy
Professional traders and investors use EUR/JPY for various strategies:
- Carry Trade: Borrowing yen at low interest rates to invest in euro-denominated assets with higher yields
- Risk Sentiment Trading: Long EUR/JPY in risk-on environments, short in risk-off periods
- Cross-Currency Arbitrage: Exploiting pricing inefficiencies between EUR/USD, USD/JPY, and EUR/JPY
- Central Bank Policy Plays: Trading around ECB and BOJ policy meetings and announcements
- Range Trading: EUR/JPY often establishes trading ranges, popular for technical analysis strategies
- Trend Following: Strong directional moves during policy divergence periods
Common EUR to JPY Conversion Amounts
Typical conversion amounts for business and travel:
- 100 EUR to JPY: Approximately ¥16,250 (daily expenses in Japan)
- 500 EUR to JPY: Approximately ¥81,250 (week-long Japan trip from Europe)
- 1000 EUR to JPY: Approximately ¥162,500 (common travel/business amount)
- 5000 EUR to JPY: Approximately ¥812,500 (extended stay or business transactions)
- 10000 EUR to JPY: Approximately ¥1,625,000 (significant business transfers)
Travel: Converting EUR to JPY for Japan
If you're traveling from Europe to Japan:
- Budget Planning: Japan is moderately expensive; expect ¥15,000-25,000 per day (€90-155) for mid-range travel
- Cash Culture: While credit cards are increasingly accepted, Japan still relies heavily on cash; have yen ready
- Best Exchange Options: Use ATMs in Japan for best rates, or online services like Wise before departure
- IC Cards: Suica/Pasmo rechargeable cards for transport and convenience stores (can load at stations)
- Avoid Airport Exchange: 5-10% worse rates than ATMs or banks
EUR to JPY Converter - Frequently Asked Questions
What is the current EUR to JPY exchange rate today?
The current EUR to JPY exchange rate fluctuates throughout forex market hours. Use our converter above for the latest real-time rate, updated hourly. As of today, 1 EUR typically equals approximately 160-165 JPY, though this varies significantly based on ECB and BOJ policy decisions and global risk sentiment.
How much is 1000 Euros in Japanese Yen?
At the current exchange rate of approximately 162 JPY per EUR, 1000 Euros equals about 162,000 Japanese Yen (¥162,000). The exact amount varies with real-time forex market rates. Use the converter above for today's precise calculation.
Why is EUR/JPY an important currency pair?
EUR/JPY is one of the most traded cross-currency pairs because it: (1) reflects EU-Japan trade relationships, (2) is widely used in carry trades (borrowing low-yield yen to invest in higher-yield euros), (3) serves as a risk sentiment indicator (yen strengthens in uncertainty), and (4) provides direct exposure to Eurozone vs. Japan economic dynamics without US Dollar involvement.
What affects the EUR to JPY exchange rate?
Key factors include: European Central Bank (ECB) and Bank of Japan (BOJ) monetary policy differences, interest rate differentials between Eurozone and Japan, global risk sentiment (JPY is a safe haven), Eurozone and Japanese economic data (GDP, inflation, employment), trade flows between EU and Japan, energy prices, and geopolitical events affecting Europe or Asia.
Is EUR stronger than JPY?
In nominal terms, yes - 1 EUR equals approximately 160-165 JPY, making the Euro numerically stronger. However, the Yen's lower per-unit value reflects Japan's economic structure and decades of low interest rates rather than inherent weakness. Both are major global reserve currencies with different monetary policy frameworks and economic roles.
What is a carry trade with EUR/JPY?
A carry trade involves borrowing Japanese Yen (which traditionally has very low interest rates) and investing in Euro-denominated assets with higher yields. Traders profit from the interest rate differential. However, this strategy carries risk if the yen suddenly strengthens (as during market crises), potentially wiping out gains from interest differentials.
How much money do I need for a week in Japan from Europe?
For mid-range travel, budget approximately 800-1,200 EUR per person per week (¥130,000-195,000), covering accommodation, meals, local transport, and attractions. Budget travelers can manage with 600-700 EUR per week, while luxury travelers should budget 1,800+ EUR per week. Tokyo and Kyoto are more expensive than regional areas.
Should Europeans exchange EUR to JPY before traveling to Japan?
It's recommended to have some yen cash for arrival (¥20,000-30,000 or €120-185), which you can get from online services like Wise or ATMs. However, using ATMs in Japan typically offers better rates than European banks or currency exchanges. Many 7-Eleven and post office ATMs accept foreign cards and offer competitive rates with reasonable fees.
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