Companies for transfers from Japan to Myanmar Burma
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best way to send: Wise
We tested & reviewed 4 money transfer companies offering services between Japan and Myanmar [Burma], and Wise scored highly.
In total, Wise appeared in 100% of Japan to Myanmar [Burma] searches, and was the top rated company out of 4 that support transfers into Kyat.
So for a great mix of cost, speed & features, make your Japan to Myanmar [Burma] transfer using Wise.
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Compare for the best deal on your Japan to Myanmar Burma transfer
Considerations for money transfers from Japan to Myanmar Burma
Comparing providers offering services between Japan and Myanmar [Burma], based on your specific needs is the best way to send money with confidence.
Our comparison includes 4 companies that provide the ability to send Yen to Myanmar [Burma].
This ensures you get the best options for transfers to Myanmar [Burma] from Japan, based on the amount you want to send.
Cheapest way to transfer money to Myanmar [Burma] from Japan: Wise
Of the 4 providers compared, data shows that Wise is 0% cheaper than the second-best option.
The is cost is made up of an average JPY-MMK exchange rate that is 39.4% different to the mid-market rate and an average fee of 2,406.54* JPY.
If you want to secure the best rates on a JPY to Myanmar [Burma] transfer, Wise will result in the most Kyat received.
*The most common fee applied to JPY-MMK by Wise, based on data from the past six months.
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Fastest company to send money to Myanmar [Burma] from Japan: Wise.
Through our data, Wise was the quickest way to send money from Japan to Kyat 90.9% of the time.
Sending money through Wise to Myanmar [Burma] from Japan has an average fee of 2,406.54 JPY.
To understand who was the fastest, we tested Wise as part of 4 money transfer providers. Within this, we looked at the overall speed of sending money from Japan to Myanmar [Burma]. This was made up of transfer times to Myanmar [Burma] after Yens were added to a money transfer account.
When fast money transfers between Japan and Myanmar [Burma] are a priority, Wise is our recommended choice.
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Send large sums of money abroad with Currencies Direct
From the 4 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Myanmar [Burma] from Japan.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Kyats to Kyat.
As such, we recommend Currencies Direct for large transfers between Myanmar [Burma] and Japan.
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Understanding the costs involved when moving money from Japan to Myanmar Burma
The total cost of sending money to Myanmar [Burma] from Japan is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for JPY-MMK is 13.9366 MMK per Yen.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Kyat for your Yens.
The JPY-MMK mid-market rate over the last three months has seen the Yen worth an average 21.4894 MMK. Within this there has been a high of 23.0933, and a low of 14.0674.
From 4 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting JPY to MMK.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 4 providers tested, averaging 2,406.54 JPY per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Kyat eventually received in Myanmar [Burma].
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Myanmar [Burma], means a better overall cost of sending money from Japan.
The best exchange rate for Yen to Kyat transfers
When sending money between JPY and MMK getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much MMK you get for your JPY.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from JPY to MMK has been 21.4894.
During this period, there was a high of 23.0933, and 14.0674 being the lowest point.
Wise, which is our recommended service to send money online from Japan to Myanmar [Burma] offers an exchange rate with a 35.83% markup against the mid-market rate.
Want to secure the best JPY-Kyat exchange rates?
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Funding your Japan to Myanmar Burma money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Myanmar [Burma] and Japan.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Japan to Myanmar [Burma].
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JPY to MMK.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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