Compare today's JPY to CNY (Japanese Yen to Chinese Yuan) exchange rates
📈 Japan to China Money Transfer Snapshot Today
- Best JPY to CNY exchange rate today: CNY 0.0435, offered by Instarem
- Number of money transfer providers compared: 8
- Exchange rate range: CNY 0.0177 to CNY 0.0435
- Potential savings on JPY 1000: CNY 25.80
- Number of deals and promo codes: 2
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real JPY to CNY exchange rate before providers add their margin or fees. exchange rate: 1 JPY = CNY 0.0438 (Updated about an hour ago)
See detailed Japan to China money transfer comparison below.
Money Transfer Providers that matched the search criteria
📢 B2B transfers only
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's JPY-CNY exchange rates mean for you
Compare today's JPY-CNY exchange rates and send money from Japan to China after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 8 providers that you can rely on for Japan to China money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Japan to China Providers
🥇 Instarem with 1 JPY = 0.0435 CNY (best JPY to CNY exchange rate today).
🥈 Regency FX offering 1 JPY = 0.0435 CNY.
🥉 Key Currency & Cambridge Currencies are also providing good FX rate today.
The exchange rate provided by these 8 providers ranges from CNY 0.0177 to CNY 0.0435. For a JPY 1000 money transfer from Japan to China, that could mean up to CNY 25.80 saved on FX alone.
JPY-CNY exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final CNY payout that your recipient gets in China.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Japan to China remittances.
🔄 Looking for the reverse corridor? Send money from China to Japan instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Japan.
👇 We also suggest looking beyond today's JPY-CNY exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst JPY-CNY exchange rate is crucial, historical data shows that transfer fees, JPY amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Japan to China historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your CNY payout.
Data-driven cost insights for Japan to China money transfers
When you send money internationally from Japan to China, the key factors that will influence the overall cost of your transaction are:
- JPY-CNY exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum CNY payout for your overseas recipient in China.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Japan to China, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Japan to China money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 259 actual Japan to China money transfers handled by 11 providers over the last 5 years (for a JPY 17000 remittance benchmark).
This data-driven approach using real JPY-CNY transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Japan to China money transfers
- Average total cost: 9.82% (range 0.34% to 46.08%, spread 45.74 percentage points)
- Potential payout difference: On a JPY 17000 transfer, the above variation can save you up to JPY 7,775.80.
- Average FX markup: 1.72% (range -0.18%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 9.92%, spread 10.10 percentage points) - Average transfer fee: JPY 1,376.02 (range JPY 0.00 to JPY 7,500.00)
- Cheapest payment/delivery method combo: Cash → Cash Pickup (6.26% avg cost); most expensive is Cash → Bank Deposit (14.19%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 7.93% (JPY 1,347.84 on JPY 17000 transfer).
- Market coverage: ~11 providers on average (competition level: competitive)
- Average speed: About 37 hours (~1.5 days)
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Japan to China money transfers.
📈 JPY to CNY exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Japan to China money transfers is usually the single biggest factor that will determine your overall JPY cost and your recipient's CNY payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a JPY 17000 money transfer benchmark, we see the following FX markup ranges for Japanese Yen to China transfers:
- Average markup: 1.72%
- Median markup: 1.34%
- Lowest markup: -0.18%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 9.92%
That is a spread of 10.10 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a JPY 17000 transfer, the above markup range is equivalent to roughly CNY 1,717.00 purely from differences in the exchange rate. That incremental saving increases to CNY 4,242.00 for a JPY 42000 transfer.
🛠️ How to use this insight: When comparing providers for Japan to China remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
JPY to CNY exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Japan to China remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Japanese Yen reaches your recipient in China.
Based on data from last 5 years, we notice the below about Japanese Yen to China money transfer fees:
- Average fee: JPY 1,376.02
- Median fee: JPY 1,450.00
- Lowest fee: JPY 0.00
- Highest fee: JPY 7,500.00
The average fee amount of JPY 1,376.02 noted above represents 8.09% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by JPY 7,500.00.
🛠️ How to use this insight: For your next money transfer from Japan to Chinese Yuan, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for JPY-CNY remittances
Based on our detailed analysis of historical Japan to China data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to China from Japan:
- Cash: 8.96%
- Bank Account Transfer: 10.10%
- Credit Card: 12.11%
- Debit Card: 12.11%
That is a total spread of 3.15 percentage points.
This means that on a JPY 17000 transfer, you could save up to JPY 535.72 simply by choosing the best priced payment method.
These savings will only multiply for higher JPY amounts.
Here is the average cost of popular delivery methods used to send money from Japan to China:
- Cash Pickup: 6.63%
- Bank Deposit: 11.67%
The cost difference between the above delivery methods is 5.04 percentage points.
Once again, this means that you could save up to JPY 857.00 on a JPY 17000 transfer to China by choosing Cash Pickup versus Bank Deposit.
As you can imagine, the possible combinations of Japan payment methods and China delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Japan to CNY money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Cash | Cash Pickup | 6.26 |
| Bank Account Transfer | Cash Pickup | 7.16 |
| Bank Account Transfer | Bank Deposit | 10.95 |
| Credit Card | Bank Deposit | 12.11 |
| Debit Card | Bank Deposit | 12.11 |
| Cash | Bank Deposit | 14.19 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these JPY-CNY payment and delivery options is significant. Here are some observations:
- Cash → Cash Pickup has the lowest average cost at 6.26%.
- Cash → Bank Deposit has the highest average cost at 14.19%.
- Cash → Cash Pickup average cost is 7.93 percentage points lower than that of Cash → Bank Deposit.
- This means that on a JPY 17000 money transfer, you could save up to JPY 2,411.54 simply by choosing the best payment and delivery method combo.
- Further, on a JPY 42000 money transfer, the savings increase to JPY 5,957.91.
Here is a quick summary of the average historical cost of various payment and delivery methods for JPY to China money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Cash averaged 8.96%, compared to 12.11% for Debit Card, a difference of 3.15 percentage points.
- Cheapest delivery method: Cash Pickup averaged 6.63%, compared to 11.67% for Bank Deposit (5.04 percentage points higher).
- Cheapest combo: Cash → Cash Pickup averaged 6.26%, which is 7.93 percentage points lower than Cash → Bank Deposit (14.19%).
🛠️ How to use this insight: As you compare money transfer providers for your next Japan to China international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Japan to China remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than money transfer providers for JPY-CNY remittances?
When we compared Japan banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
We observed that traditional banks charged 8.44 percentage points more on average than money transfer providers for Japan to China remittances.
This means banks tend to be approximately 2.05x more expensive than money transfer companies.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | JPY 2,498.55 | JPY 1,073.38 | JPY 1,425.16 |
| Exchange rate markup | 1.77% | 1.71% | 0.05 pp* |
| Average total cost (%) | 16.46% | 8.03% | 8.44 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Whilst banks in Japan may offer convenience and familiarity, money transfer providers often deliver lower overall cost due to their better exchange rates and lower fees. Even if you want to send money overseas with your bank in Japan, we recommend comparing with money transfer companies to find your best options.
📊 Does sending more money reduce the cost of JPY-CNY money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending JPY 17000 vs JPY 42000 from Japan to China.
We found that sending a higher amount (JPY 42000) tends to be cheaper - average cost drops from 9.82% to 5.08%, a reduction of 4.74 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Japanese Yen amounts to China, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Japan to China remittance market?
Based on data from the last 5 years, JPY-CNY money transfers are provided on an average by 11 remittance companies. With around 11 providers serving this market, we consider the level of competition to be competitive.
Traditional banks have represented only 18.2% of active providers in this corridor (2 out of 11), meaning money transfer companies make up the majority.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Japan to China remittances.
⏱️ How fast are JPY-CNY money transfers?
If your recipient in China needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Japan to China transfers when it comes to processing time:
- Average transfer time: About 37 hours (~1.5 days).
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 144 hours (~6.0 days).
- Average speed at JPY 17000: About 37 hours (~1.5 days).
- Average speed at JPY 42000: About 37 hours (~1.5 days).
Banks vs money transfer providers speed comparison: Banks take 43 hours longer on average than money transfer providers.
🛠️ How to use this insight: If you need to send money from Japan to China in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for China.
Japan to China transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Japan to China money transfers
These FAQs use data from RemitFinder's historical analysis of Japan to China money transfers over several years.
What factors affect the total cost of sending money from Japan to China?
The total cost of your JPY-CNY money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Japan to China transfers?
Historical JPY to CNY exchange rate markup ranges from -0.18% to 9.92%, a spread of 10.10 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can JPY-CNY exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative JPY-CNY exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Japan to China transfers?
Exchange rate markup ranges from -0.18% to 9.92% (a spread of 10.10 percentage points).
Transfer fees range from JPY 0.00 to JPY 7500.00, which equals roughly 44.12% on a JPY 17000.00 transfer.
At both JPY 17000.00 and JPY 42000.00, the transfer fee shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Japan to China transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger JPY amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most CNY for your JPY.
How much can Japan to China transfer costs vary between providers?
Historical transfer cost ranges from 0.34% to 46.08% for JPY transfers to China. That is a spread of 45.74 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -0.18% to 9.92% (a spread of 10.10 percentage points). Thus, even small differences in FX margin can have a big impact on the final CNY payout.
Why do various money transfer providers price JPY to China transfers differently?
If you send the same Japanese Yen amount to China via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final CNY payout in China in a big way.
How stable are transfer costs in the Japan to China corridor?
When we analyzed the historical total cost for JPY-CNY transfers, we observed a range from 0.34% to 46.08% (45.74 percentage points difference), along with a variability (standard deviation) of 6.57%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -0.18% to 9.92% (10.10 percentage points difference), with a standard deviation of 1.49%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your JPY-CNY transfers.
Which payment method is cheapest for Japan to China remittances?
Cash is the cheapest payment method in Japan based on its average cost at 8.96% (compared to Debit Card at 12.11%, a difference of 3.15 percentage points).
Based on this, we recommend paying for your JPY transfer with Cash, and avoiding Debit Card if possible.
Is Debit Card cheaper than Credit Card for Japan to China transfers?
Credit Card is cheaper on average when sending money to China from Japan since it costs 12.11% (compared to 12.11% for Credit Card payments, a difference of 0.00 percentage points).
As a result, we recommend that you avoid paying for your transfer to China with a Credit Card.
Which delivery method is cheapest for JPY-CNY money transfers?
Cash Pickup is the cheapest delivery method in China as it costs 6.63% (compared to Bank Deposit at 11.67%, a spread of 5.04 percentage points).
If your recipient in China can accept Cash Pickup, we recommend choosing it as your preferred delivery option for JPY-CNY transfers.
Is Bank Deposit cheaper than Cash Pickup for Japan to China transfers?
Cash Pickup is cheaper for transfers to China given its 11.67% average cost (versus 6.63% for Cash Pickup, a difference of 5.04 percentage points).
To save more, consider choosing the cheapest delivery option for China.
What is the cheapest way to send money from Japan to China?
We evaluated 6 payment and delivery method combinations for Japan to China remittances.
Based on historical data, Cash → Cash Pickup is the cheapest combination with 6.26% cost.
At the other end of the spectrum, Cash → Bank Deposit is the most expensive combination at 14.19% cost. That is a difference of 7.93 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Japan to China remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your JPY-CNY transfers.
Does sending more money reduce the cost for Japan to China transfers?
Larger JPY-CNY transfers are cheaper on average.
The cost of a JPY 17000 transfer averages 9.82% as compared to 5.08% for a JPY 42000 transfer, a difference of 4.74 percentage points.
How long does it take to send money from Japan to China?
Based on our analysis, the average transfer time for JPY-CNY transfers is 37 hours (~1.5 days), with the fastest transfers completing in less than one hour and the slowest in 144 hours (~6.0 days).
Are instant transfers available from Japan to China?
Yes, historical data shows that some transfers to China from Japan can complete in less than one hour.
Note that the actual speed of your JPY-CNY transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Japan to China?
Banks in Japan are more expensive than money transfer providers.
The average cost of banks is 16.46% compared to 8.03% for money transfer providers in Japan, a difference of 8.44 percentage points.
Why do banks charge more for Japan to China transfers?
Bank transfers in Japan cost 16.46% compared to 8.03% for money transfer companies.
The difference is often due to the fact that banks in Japan provider lower exchange rates and charge high wire transfer fees.
How competitive is the Japan to China remittance market?
Based on historical data, the competition level in Japan to China is considered competitive with 11 active providers.
Money transfer providers represent about 81.8% of identified providers in Japan.
Do I risk overpaying if I do not compare providers for Japan to China?
Historically, total JPY-CNY transfer cost has varied by 45.74 percentage points. On a JPY 17000 transfer, that can translate to JPY 7775.80 in savings.
JPY-CNY exchange rate markup also varies across providers. The average markup spread has been about 10.10 percentage points. On a JPY 17000 transfer, that could be JPY 1717.00 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about JPY 7500.00 across providers.
That is why comparing providers can materially change how much of the JPY you send does your recipient receive in China in China.
Latest JPY to CNY Conversion Rates
Here are some latest JPY to CNY (Japanese Yen to Chinese Yuan) exchange rates for popular conversion amounts*.
| 1 JPY | 0.04 CNY |
| 5 JPY | 0.22 CNY |
| 10 JPY | 0.44 CNY |
| 25 JPY | 1.10 CNY |
| 50 JPY | 2.19 CNY |
| 100 JPY | 4.38 CNY |
| 150 JPY | 6.57 CNY |
| 200 JPY | 8.76 CNY |
| 250 JPY | 10.95 CNY |
| 300 JPY | 13.14 CNY |
| 400 JPY | 17.52 CNY |
| 500 JPY | 21.90 CNY |
| 600 JPY | 26.28 CNY |
| 700 JPY | 30.66 CNY |
| 800 JPY | 35.04 CNY |
| 1000 JPY | 43.80 CNY |
| 1500 JPY | 65.70 CNY |
| 2000 JPY | 87.60 CNY |
| 2500 JPY | 109.50 CNY |
| 3000 JPY | 131.40 CNY |
| 4000 JPY | 175.20 CNY |
| 5000 JPY | 219.00 CNY |
| 10000 JPY | 438.00 CNY |
| 15000 JPY | 657.00 CNY |
| 20000 JPY | 876.00 CNY |
| 30000 JPY | 1,314.00 CNY |
| 40000 JPY | 1,752.00 CNY |
| 50000 JPY | 2,190.00 CNY |
| 100000 JPY | 4,380.00 CNY |
*Based on the Mid-market Exchange Rate
1 Based on 259 pricing observations across 11 firms over the last 5 years for a JPY 17000 money transfer from Japan to China. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Japan to China remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.