Buy Japanese yen online at the best exchange rate in Australia.
Exchange rate to buy yen with AUD
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How to buy Japanese yen online
1. Tell us how much you need
We'll round the amount to the nearest denomination available to buy.
2. Verify your ID and pay
By law, we need to make sure you’re not involved in illegal activity. You'll also need ID to collect.
3. Collect your currency
Pick up in store, collect locally or get your order delivered to your door with Australia Post.
Service and delivery fees
Pick up your order and pay by bank transfer or PayID to avoid fees
The Service Fee depends on the currency and amount you order.
Bank Transfer or PayID
Pay for your order by bank transfer or PayID without any fees.
It's a flat fee for local collection or delivery to your door with Australia Post.
Buying Japanese Yen in Australia
Where is the best place to buy yen?
If you like the reassurance of having the local currency readily available from the moment you step off the plane, you have three options to pick up the cash before you go:
- Buy the currency online and either collect it in-store or have it delivered to you.
- Collect from a currency exchange store.
- Most expensively, buy the currency at the airport.
Online money changers like S Money are often an easy and cheap way to buy yen online but it may not necessary be as quick as walking into a store. Companies like Travelex also offer a foreign exchange service online but it takes between two and five business days before the currency is ready for pick-up or delivery so you need to be organised!
Alternatively, buying your currency in-store can be a good option but it all depends on where you go. The money changers in the centre of the main cities like Sydney or Melbourne tend to be more competitive than smaller stores in the suburbs.
Only change money at the airport as a last resort. The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck.
Learn more: The Best Places to Buy Japanese Yen Australia
How can you buy Japanese Yen at the best rate?
The key to finding the best deal is to compare your options to buy yen in cash. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees.
Learn more: Get the best AUD to JPY exchange rate
Should you buy yen now or later?
As a rule of thumb, if you are buying JPY with Australian dollars, you want the AUD/JPY exchange rate to be as high as possible. The higher the rate, the better it is for you. It means that you will receive more yen for the same amount of Australian dollars.
Unfortunately there isn't a particular day of the week or time of the day that is the best time.
While it's impossible to pick the perfect time, you can set up a free rate tracker to keep an eye on the rate.
Also keep in mind that if you buy it online, it may take 2-4 business days to arrive so make sure you finalise your financial transaction at least a week before you are due to travel overseas.
How much yen do you need?
Japan is a cash driven society and you need to bring a large amount of yen when visiting Japan. Take cash when visiting tourist spots, restaurants, for taxis and public transport.
If you are confused about how much money to take to the Japan for 1, 2 or 4 weeks, read our detailed review to answer all your questions.
Cash is accepted for accommodation as well. You can bring up to one million yen when coming into Japan without having to declare it at customs. To help you plan how much things cost in Japan read our in-depth article on currency in Japan.
About the Japanese Yen
The currency used within the Japan is the yen. The yen is represented by the symbol is ¥ and the currency code is YEN.
The banknotes are ¥1,000, ¥5,000 and €10,000
The coins are ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 and ¥500
Japanese yen coins are different in weight, colour and appearance, this makes it easy to work out quickly which coin to use.
The ¥1 is made of aluminium and very light, the ¥5 and ¥50 coins have holes in the middle and the ¥500 is the biggest and heaviest by far.
Set up a rate tracker
Not ready to buy yet?
You can get a free rate tracker!
We match our exchange rate with the rate show on Google or XE. In real time.
This means you never pay over-inflated rates and can be 100% positive you are getting the most competitive exchange rate to buy your Japanese Yen.