Convert Philippine Peso to Japanese Yen
PHP to JPY Exchange Rate Calculator
1 Philippine Peso (PHP) = 2.5777 Japanese Yen (JPY) at the live mid-market rate. That means $100 PHP converts to roughly 257.77 JPY, and $1,000 PHP converts to about 2,577.70 JPY. The PHP/JPY rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day PHP/JPY context
Over the past 90 days, PHP/JPY has traded between 2.5475 and 2.7230. The current rate of 2.5777 sits roughly 17% through that range — near the lower end, meaning Japanese Yen has been stronger than typical against Philippine Peso recently. Versus the rate 90 days ago, Philippine Peso has weakened by 3.42% against Japanese Yen.
PHP/JPY Price History
Interactive PHP/JPY exchange rate chart with 7-day, 30-day, and 90-day views.
About Philippine Peso (PHP)
The Philippine Peso (PHP) is the official currency used for trade and commerce. Its value against other currencies fluctuates based on market conditions.
About Japanese Yen (JPY)
The Japanese Yen (JPY) is the official currency of Japan and the third-most-traded currency worldwide. It is the premier carry-trade funding currency thanks to decades of ultra-low interest rates, and it plays a defining safe-haven role during global equity selloffs.
- •Third-most-traded currency, ~17% of daily forex volume
- •Bank of Japan ended its negative interest rate policy in March 2024 after 17 years
- •Japan holds the world's largest net international investment position
- •Yen weakness typically boosts Japanese exporter earnings (Toyota, Sony, etc.)
- •The Ministry of Finance — not the BoJ — controls FX intervention policy
Frequently Asked Questions
When is PHP/JPY most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when PHP markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for PHP/JPY?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move PHP/JPY the most?
The biggest scheduled catalysts are central bank rate decisions and inflation prints and BoJ rate decisions, MoF intervention language, and BoJ Outlook Reports. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert PHP to JPY at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market PHP/JPY than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the PHP/JPY rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market PHP/JPY rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
Related Conversions
Related Reading
Background on Philippine Peso, Japanese Yen, and the forces that move PHP/JPY.
Hidden Fees of Sending Money Abroad: Real Costs
Discover the hidden costs of international money transfers. Learn how exchange rate markups, wire fees, and intermediary charges can cost you hundreds.
how-toCheapest Way to Send Money Internationally in 2026 (Fees Compared)
The cheapest way to send money internationally in 2026, compared side-by-side. Wise vs PayPal vs bank wire vs Remitly vs OFX — fees, exchange rate markups, speed, and total cost on a $1,000 transfer.
guideCurrency Exchange Rates: How They Work and Move
Learn how currency exchange rates work, what causes fluctuations, and key factors every traveler, investor, and business should know.
Exchange rates refresh hourly · Sourced from institutional-grade data providers