+ Best Japanese yen to Euro exchange rate today in Spain - Cambiator.es
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Frequently Asked Questions (FAQs) JPY-EUR

Where to sell and where not to sell yens JPY to euros in Spain Abrir Respuesta

Generally speaking, our advice is to keep away from any company that imposes on you a fee as well asa foreign exchange margin, and browse on our website the JPY-EUR day to day exchange rate.

Literally all banks in Spain impose on you a three per cent fee, with a minimum (whichever is higher) quantity of six to ten €.

Keep in mind that the smaller the quantity of yens JPY to sell to euros, the more the impact of this fixed fee on your pocket.

Is it safe to change Japan yens to euros online in Spain? Abrir Respuesta

In countries like the North America or the United Kingdom, it is customary to purchase travel money online. The customer who wants to change Japan yens to euros will go to a holyday money comparison service the likes of Cambiator or directly to a holiday money supplier and sell online their Japan yens or any other currency for euros he/she needs to change.

Is it recommendable to order online or click and collect Japan yens for euros in Spain? Abrir Respuesta

Yes, it is. If you need to ensure the JPY-EUR rate you see on our result page. And also if you need to make sure that the holiday money provider won´t impose on you a fee.

In Spain you can fall into the hands of some currency providers with bad practices that impose on their users a remarkable commission when selling Japan yens to euros directly from their stores without having previously made a reservation on their online store.

How does the Japanese Yen to euro currency exchange work? Abrir Respuesta

To understand how foreign exchange works, think of any retail branch that sells a product to you as a consumer. The supplier buys products from a provider known as wholesaler at a purchase price, to which it adds a profit margin.

The gap between the sell price at which the consumer buys in that store (eg your Japan yens) and what it cost the business to get those Japan yens is the benefit it obtains in that foreign exchange.

Nevertheless there is a distinction in foreign exchange with other activities. In general, foreign currency notes (Japan yens in this case) pass on from consumer to consumer, that is, they are not consumed.

For that reason, it may be the case that a currency supplier or a bank purchases Japan yens from a tourist who enters Spain (obtaining a profit) and those same Japan yens become yours when you buy that currency (new profit margin).

Where can I sell Japan yens for euros during my holidays in Spain today? Abrir Respuesta

Usually, when we need to change Japan yens to euros in Spain we only think of banks. Neverthelss we do not seem to remember that practically practically all banks in Spain charge you a a margin on the Japan yens that you change with them, as well as, a fixed fee of 3% (with a minimum of between 6 and 10 euros).

This makes the currency exchange less interesting and almost always it is much more interesting to exchange travel money at a high street foreign currency provider. These companies offer the alternative of changing your Japan yens to euros through collect in store.

In regard to the airport, it is always the least interesting option since it is much more expensive than the foreign currency providers located out of these premises.

Is there a maximum quantity of Japanese Yens that I can sell online in Spain when I change Japanese Yens to euros? Abrir Respuesta

Usually, foreign currency suppliers in Spain have high limits for a one shot Japanese Yen to euro currency exchange. Or for any other foreign currency ypour wish to change to euros.

These limits are fixed by the Banco de España. They have to do with the AML regulations and KYC (Know Your Customer) demands

However, these maximum quantities generally vary between the equivalent of Japanese Yens to 3,000 and 5,900 €, which is much more than what a tourist needs for their travel expenses.

I have previously exchanged Euros to yens JPY, what do I do with my remaining yens JPY on my way back from a holiday? Abrir Respuesta

All holiday money suppliers in Spain are dedicated to the purchase and sale of travel money. If you have yens JPY left over upon return to Spain, you just have to enter Cambiator.es and select our Sell your currency tab in the top menu.

Then find your city of residence and we will show you the total Euros the different travel money providers will offer that day in your city for your leftover yens JPY.

Bear in mind that they will just purchase you yens JPY notes but not loose change.

How can I find the best JPY-EUR exchange rate today in Spain? Abrir Respuesta

Getting to know the best exchange rate for the yens with respect to the euro today in Spain, is simple.

The first thing we advise you is to not pay attention the rates of the currency converters that appear on the Internet. These prices are for foerign currency but not for notes. Additionally, they are reserved for banks. The prices you pay as an individual are less appealling.

The second thing you should do is find at the direct Japanese Yen to euro exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that varies constantly).

The higher that number is, the more euros you will obtain for every Japanese Yen you hand in.

For that reason, the best exchange price will be the higher exchange rate. Cambiator makes it easy for you to obtain the best Japanese Yen to euro exchange rate. Our results page sorts Euro offers from highest to lowest price of the day in five currency suppliers, airports and banks in Spain.

When is the best moment to change Japan yens to euros in Spain? Abrir Respuesta

.On a daily basis, all year round the JPY-EUR prices oscillate in foerign markets, depending on the toughness of the Japanese Yen currency against the Euro.

This is why, there is no preferred time to sell Japan yens with euros. Nevertheless you may find free online services like Cambiator that assist you in comparing all the Japan yens being bought by currency providers, the airport and the banks. With this information you will ensure you sell your Japan yens to euro at the best rates on every ocasion you need.

Must I carry with me any kind of document to change Japanese Yens to euros? Abrir Respuesta

Usually, if you change Japanese Yens to euros at your bank office, they will already know you and you will only have to identify yourself as a client of that bank.

When you change Japanese Yens to euros at a foreign currency supplier´s store, on the street or at the airport, you will need to provide a valid and current identity card (passport or resident´s identity card called DNI or NIE in Spain). Bear in mind that your driver's license is not accepted as a valid identification document when changing Japanese Yens to Euros.

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