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JPY / INR Live Price, Chart & Market Data
JPY / INR | Interbank / OTC: JPYINR | Currency: INR | Type: Currency Pair
Track JPY / INR live on LiveWorldMarket — real-time price, daily change, interactive chart, 52-week range, moving averages and full market statistics. The quote refreshes continuously while the market is in session.
JPY / INR Key Statistics
JPY / INR is trading higher today at INR 0.61, a move of 0.0166 points (+2.80%) versus the previous close of INR 0.59. So far today it has traded between INR 0.61 and INR 0.61. The table below summarises the live price, day range, 52-week range, volume and moving averages — the core numbers traders check before taking a position.
| Metric | Value |
|---|---|
| Live Price | INR 0.6085 |
| Change vs Previous Settle | 0.0166 (+2.80%) |
| Previous Close | INR 0.5919 |
| Day Open | INR 0.6089 |
| Day Range (High – Low) | INR 0.6072 – INR 0.6095 |
| 52-Week Range | INR 0.5611 – INR 0.6229 |
| 1-Year Change | -0.90% |
| 50-Day Moving Average | INR 0.5987 |
| 200-Day Moving Average | INR 0.5897 |
| Exchange | CCY |
| Currency | INR |
| Region | GLOBAL |
| Ticker Symbol | ncd:JPYINR |
About JPY / INR
JPY/INR expresses the Indian rupee value of the Japanese yen and is conventionally quoted per 100 yen in Indian markets. The yen side is driven by Bank of Japan policy and global risk appetite — the yen strengthens in risk-off episodes — while the rupee side follows India's external balances. Importers of Japanese machinery and auto components are natural hedgers of this cross.
Instrument Details
| Ticker | JPYINR |
| Exchange / Market | Interbank / OTC |
| Instrument type | Currency Pair |
| Quote currency | INR |
Pair Components
| Base currency | JPY — Japanese Yen |
| Quote currency | INR — Indian Rupee |
| Quote convention | 1 JPY = X INR |
Market Structure
The JPY / INR rate is set by the global foreign-exchange market — a decentralised network of banks, dealers and electronic platforms — rather than a single exchange. Central-bank policy, interest-rate differentials, trade balances and capital flows drive the rate over time. Exchange-traded currency futures and options based on this pair also trade on regulated exchanges.
Trading Hours
JPY / INR trades 09:00 AM to 05:00 PM IST on NSE currency derivatives, while the underlying spot pair trades nearly 24 hours a day, five days a week. Outside those hours this page shows the last traded level, with change figures measured against the previous official close. All session times are expressed in Indian Standard Time (IST).
How to Read JPY / INR
A rising JPY / INR quote means the base currency is strengthening against the quote currency. Compare the live rate with the 52-week range to judge how stretched the move is, and watch round-number levels where central banks and corporates often place orders. Interest-rate announcements from either economy are the biggest scheduled movers.
52-week range: 0.561 – 0.623. Trailing 12-month change: -0.90%.
JPY / INR Market Overview
JPY / INR (ncd:JPYINR) is a forex pair quoted in INR on CCY. It is trading higher at INR 0.61, above its previous regular-session settle of INR 0.59 — a change of 0.0166 points, or +2.80%. Over the past twelve months, JPY / INR has traded between INR 0.56 and INR 0.62.
Related Markets
Traders following JPY / INR also track these related forex pair instruments on LiveWorldMarket — each links to its own live price, chart and statistics page.
Today's Performance
JPY / INR is trading higher today at INR 0.61, a move of 0.0166 points (+2.80%) versus the previous close of INR 0.59. So far today it has traded between INR 0.61 and INR 0.61. Intraday direction, the day's range and volume together show whether the current move carries conviction or is drifting on light activity.
Historical Chart
The interactive chart on this page lets you review JPY / INR across intraday, one-week, one-month, six-month, one-year and multi-year periods. Historical open, high, low and close data helps identify support and resistance zones, long-term trend direction and how the current price compares with past cycles.
Why JPY / INR Matters
Exchange rates like JPY / INR affect import and export costs, corporate earnings and central-bank policy expectations. Traders use the pair for hedging currency exposure and for directional strategies, while investors watch it as a barometer of relative economic strength.
By Liveworldmarket Editorial Team · Last reviewed 21 September 2026
JPY / INR — Japanese Yen vs Indian Rupee
JPY/INR (Japanese yen versus Indian rupee) is one of the four India-listed currency-pair contracts (alongside USD/INR, EUR/INR and GBP/INR). It quotes the rupee price of 1 yen (typically around 0.55-0.60 INR per yen in 2026). Volumes are modest compared to USD/INR — typically 5-10% of USD/INR volume — but the contract serves an important hedging function for Indian importers of Japanese capital goods, automobiles, electronics components and Japanese-yen-denominated debt issuers.
The JPY/INR rate is largely determined by the cross-rate between USD/JPY (the underlying yen rate) and USD/INR. Movements in USD/JPY (driven by Bank of Japan policy, US Treasury yields, and risk-on/off sentiment) propagate into JPY/INR via the cross-rate calculation.
History & contract origins
JPY/INR futures were launched by NSE and BSE in 2010 as part of the broader rupee-currency derivatives suite. Long-run yen vs. rupee history: in 1990, 1 yen was around 0.13 rupees. By 2000 the rupee had depreciated to around 0.40 per yen; by 2010 0.50; by 2020 0.65 at peak. The post-2022 BoJ-policy-divergence era has seen yen weakness re-emerge, taking JPY/INR back into the 0.55-0.60 range.
Notable episodes: yen weakened sharply from late 2022 through 2024 as the Fed hiked while BoJ remained at -0.1%, taking USD/JPY from 115 to 162 (a near 40% move). Through 2025-26 BoJ has gradually normalised policy and yen has recovered modestly.
Trading hours & session layout
JPY/INR onshore futures trade during NSE/BSE FX hours. In IST:
| NSE/BSE FX cash open | 09:00 IST |
| NSE/BSE FX cash close | 17:00 IST |
| Tokyo USD/JPY overnight session | 05:30 - 14:30 IST (offshore) |
Holiday calendar (typical annual closures)
Listed below are the major scheduled closures for the underlying exchange. Exact dates shift year-to-year — always verify against the exchange's official calendar before holding overnight positions across a holiday boundary.
| Holiday | Typical date |
|---|---|
| Standard Indian public holidays - onshore market closed |
How to read this tape
Read JPY/INR alongside USD/JPY (the underlying yen pair) and USD/INR (the underlying rupee pair). When USD/JPY rises sharply (yen weakens against dollar) and USD/INR is stable, JPY/INR falls. When USD/INR rises sharply (rupee weakens against dollar) and USD/JPY is stable, JPY/INR rises. Mathematically: JPY/INR ≈ (USD/INR) / (USD/JPY) × 100.
Indian importers of Japanese cars, electronics components and capital equipment use JPY/INR forwards to hedge their JPY-payable exposure. Indian shipping and auto-OEM companies (notably Maruti Suzuki) have meaningful JPY-payable exposure to their parent operations.
Frequently asked questions
Why is JPY/INR quoted per 100 yen on Indian exchanges?
Because 1 yen is a very small unit (0.55 INR per yen). For practical trading and contract sizing, the NSE/BSE quotes JPY/INR per 100 yen — so a quote of 55.00 means 100 yen costs 55 rupees.
Who hedges using JPY/INR futures?
Indian importers of Japanese goods (electronics components, auto parts, machinery), Indian companies with Japanese-yen-denominated debt (sometimes called 'samurai bonds'), and Indian exporters to Japan. Speculative volumes are smaller than USD/INR.
How does Bank of Japan policy affect JPY/INR?
Directly via the USD/JPY component of the cross. BoJ ultra-loose policy (sub-zero rates, yield-curve control) historically weakened the yen against the dollar, which dragged JPY/INR lower. The 2024-26 BoJ-normalisation cycle has been mildly yen-supportive.
Why was 2022-23 such a sharp yen-depreciation episode?
Because the Bank of Japan maintained negative interest rates and yield-curve control through 2022 even as the Fed raised rates from 0 to 5.25%. The unprecedented policy divergence drove a 40% USD/JPY rally and a similar JPY/INR weakening.
Can foreigners trade JPY/INR?
Limited access. NSE/BSE JPY/INR is open to Indian residents and certain registered FPIs subject to SEBI position limits. Direct retail-foreign-investor access is more limited than USD/INR.
Related markets
Editorial article. Information only — not investment advice. Read our Risk Disclaimer before acting on any market data shown here.
FAQs
What drives the JPY/INR exchange rate?
The rate moves with the interest-rate differential between the two economies' central banks, relative growth and inflation data, trade and capital flows, and overall risk sentiment. Scheduled central-bank decisions are the most consistent single-day movers.
What does a rising JPY/INR quote mean?
A rising quote means one Japanese Yen buys more Indian Rupee — the Japanese Yen is strengthening against the Indian Rupee (and vice versa when the quote falls).
What hours does JPY / INR trade?
JPY / INR trades 09:00 AM to 05:00 PM IST on NSE currency derivatives, while the underlying spot pair trades nearly 24 hours a day, five days a week. Outside those hours, this page shows the last traded level.
What is the 52-week high and low of JPY / INR?
Over the last twelve months JPY / INR has traded between INR 0.56 (52-week low) and INR 0.62 (52-week high) — the key statistics table above shows where the live price sits inside that range.
Can I view historical charts of JPY / INR?
Yes — use the period selector on the interactive chart to switch between intraday, monthly and multi-year views, and open the full technical chart for indicators and drawing tools.