EUR to JPY — today's rate explained
As of 2026-07-08, 1 Euro equals 185.28 Japanese Yen at the mid-market exchange rate. This is the fairest reference rate — the midpoint between what buyers and sellers are paying on global currency markets.
Both the Euro and Yen are funding currencies in global carry trades. EUR/JPY is a gauge of risk appetite between two of the world's largest developed economies.
About the EUR and JPY
Euro (EUR, €): The Euro is the official currency of 20 European Union member states and the second most traded currency worldwide. It is the official currency of the Eurozone.
Japanese Yen (JPY, ¥): The Japanese Yen is the third most traded currency and is widely used as a funding currency in global carry trades. It is used in Japan.
What moves the EUR/JPY exchange rate?
Exchange rates respond to interest-rate decisions by central banks such as European Central Bank and Bank of Japan, inflation data, trade balances, and geopolitical events.
For EUR/JPY specifically, shifts in capital flows between the Eurozone and Japan, changes in commodity prices, and differences in economic growth rates all contribute to daily rate movements.
EUR to JPY — 30-day performance
Over the past 30 days, EUR/JPY traded between 183.61 and 186.11, with the pair gaining 0.21% overall. The current rate of 185.28 sits above the 30-day midpoint of 184.86.
Historical context helps you judge whether today's rate is relatively strong or weak, but past performance does not predict future movements. Always compare the rate you are offered against the mid-market figure shown here.
How to get a better EUR to JPY rate
Banks and card providers typically add a 1–4% margin on top of the mid-market rate shown on this page, plus fixed transfer fees. Before exchanging EUR for JPY, compare the final amount you will receive — not just the headline rate.
For larger amounts, specialist money-transfer services often beat bank rates. For travel, prepaid multi-currency cards or local ATMs may offer competitive rates depending on your bank's foreign-transaction fees.