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Exchange Rates

Remittance Service

The exchange rate applied to remittances is set by MoneyGram and the amount to be received will be calculated from this rate.
Current exchange rates can be viewed using the Remittance Simulation

About the Exchange rates set by MoneyGram

Normally, the exchange rate is updated once a day. The update time is adjusted to the American Daylight Saving Time which is 1PM - 2PM in Japan time; and Standard or Winter time which is 2PM - 3PM in Japan time.
The rates, however, can be changed anytime particularly when the market is volatile.
* It the funds sent are not received for 45 days, a new exchange rate may be applied. Therefore, the receive amount may change from the amount set when the remittance was originally made.

Receiving Service

The exchange rate applied from local currency to JPY is set by MoneyGram as well.

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Frequently Asked Questions

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Exchange Rates
2014/04/18 14:00:00
1 USD = 103.47 Yen
1 Yen = 0.428123 PHP
10,000 Yen = 593.10 RMB
* Above rate is the rate provided for your reference, the exact rate will be determined at the time of receipt.
The maximum limit per transaction
1,000,000 Yen
Countries with Remittance Restrictions

 FRANCE
 POLAND
 TURKEY
 MOLDOVA
 UKRAINE
 RUSSIAN

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MSG010Notification of System Maintenance

MSG011 Every Monday 4:00 - 5:00
We are sorry but the system will be suspended between the period indicated above due to maintenance.
We apologize for any inconvenience it may cause.

Notification of destination countries

Philippines(11/13)
Certain agents have resumed operation.

Egypt(7/5)
Due to political unrest in the country of Egypt, receivers may experience a delay in the receipt of funds.

Argentina(6/1)
Due to new regulations regarding Argentina's new currency policy, The receive amount might be limited to local currency.

Mali(5/24)
Due to political unrest in Mali, some locations may be temporary or permanently closed.

Tunisia(2/4)
Due to political unrest in Tunisia, some locations may be temporary or permanently closed.

May we suggest you to consult with your recipients prior to your remittance to above countries.

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