Eurochange is a Spanish currency exchange supplier with 25 branches in Alicante, Almería, Barcelona, Madrid, Málaga, Murcia, Palma de Mallorca and Pamplona. They are specialists in buying and selling foreign currency, currently working with 40 currencies. More details
Ria, a subsidiary of the Euronet group, is a leading foreign exchange company. It offers home delivery service in just 48 hours, as well as a network of stores in premium locations in the main cities of Spain. More details
iCambio is the trademark of Change Center, a foreign exchange office born in 1991. They have exchange offices in Madrid, Andalusia (Málaga, Fuengirola, Torremolinos, Marbella, Seville and Córdoba) and Alicante (Benidorm) and a home delivery website . More details
Today's average exchange rate for this foreign currency in the main banks in Spain. The euros to be paid by the bank will charge a commission of between 2.5% and 3%, with a minimum of € 6 to € 10 (the most expensive of the two). More details
Average prices today for this foreign currency in the two main airports in Spain: Madrid-Barajas Adolfo Suarez Airport and Barcelona El Prat. More details
Cambiator does not recommend ordering Japanese Yens at the airport. This should be your last alternative, as it is the least cheap.
We also do not recommend changing your Japanese Yens in a Spanish bank because practically all Spanish banks impose on you a 3% commission, with a minimum (whichever is higher) quantity of six to ten €. Lest you have the power to negotiate with your bank removing the commission.
Most of the time, to obtain or sell yens JPY, the European AML regulations require travel money suppliers to know their customers (Know Your Customer (KYC)). This means that you will have to identify yourself as a buyer or seller with a a valid and current ID card (passport or resident´s identity card called DNI or NIE).
As the prices of currencies fluctuate all the time with respect to each other, there is no best moment to buy travel money (in this case Japan yens).
It is recommended to understand how the economy of the country whose currency you are interested in evolves. Generally, when the economy of that country is tough, its local currency tends to depreciate with respect to the rest. This means that for the same euros you will get more Japan yens.
Cambiator displays the sell price of Japan yens, sorted from cheapest to least, to help you choose where to acquire Japan yens.
In Spain you can buy Japanese Yens basically at your bank or at the currency suppliers. As a rule of thumb banks charge you a fixed commission ranging between 2.5% and 3% with a minimum of 6 to 10 euros for each travel money. This applies when you buy currency and when you sell your surplus to euros. This means that if you convert 100 euros to Japanese Yens, in addition to the euro to Japanese Yen exchange rate of the day, you will pay between 6 and 10 extra euros. Currency suppliers that advertise no commission are more interesting since they do not charge you this commission.
Cambiator ranges the euro to Japanese Yen exchange prices of the day and sorts them from most to least interesting to help you choose well where to buy acquire Japanese Yens.
If you do not qualify for buyback, head to our Sell your currency tab, enter the Japanese Yen amount you have (banknotes only, not loose coins) and choose your town. We will show you the total Euros the different foreign currency suppliers will offer on the day in your town for your remaining yens JPY.
In Spain, presently it is safe to buy yens online. In addition to being a very comfortable service since you order whenever you want and a courier will deliver your holyday money at your place, you ensure availability and you save fees. Besides, most travel money suppliers that provide home delivery have free shipping costs with your order.
Currency exchange is a business similar to many others: you have travellers who buy currency from a retail company (the one that sells us yens). These in turn buy those yens from a wholesaler business. The difference between what they have paid for yens and what they charge you is the profit margin they make.
Nevertheless, in this currency exchange market, it may happen that the currency provider or bank does not get the notes from a wholesale company, but alternatively acquires it from a consumer that travels to Spain with yens.
In this case, in addition to earning a profit for buying the banknotes from this consumer, they charge you another margin when they sell you the currency. Double win!
To get the best euro to Japanese Yen exchange rate, we recommend you do a search on Cambiator.
You will see that a column appears in the result page that states EUR-JPY exchange today.
Afterwards observe the number below for each currency supplier. With reference to banks, we display an median price, however acknowledge that practically all of them in Spain apply, in addition to the price, a fee of 2.5 to 3% on average, with a minimum of between six to ten €.
The exchange rate you obtain is known as direct exchange euro to Japanese Yen and the higher that number is, the more yens JPY you will obtain for each Euro you change. Cambiator compares the exchange prices daily so that you acquire the best foreign exchange every day when you purchase yens JPY.
currency suppliers in Spain normally cap the maximum amount of foreign currency to be ordered (yens, etc.) to between 3,000 and 6,000 euros per calendar quarter. This is mandatory by the money laundering prevention regulations. If you want to change a larger amount of Euros to yens, we advise you to speak directly with the holiday money supplier. They might demand from you additional documentation and proof of the source of your Euros (identity card, passport, certificate of professional activity, income statements, etc.).
The least expensive yens JPY rates are generally given when you order them online choosing the home delivery option. You can also find low prices online by choosing the collect in store option around you.
As for Spanish banks, the majority permit online booking. Some of them let you reserve online and pick-up your yens JPY later that month. But the Euro to Japanese Yen price they will apply to you will be, that of the day you collect them, not that of the day you made the reservation of the yens JPY.
Best rate of the day (exchange euros to another currency)