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Currency Exchange Scams to Avoid in Japan

Currency Exchange Scams to Avoid in Japan

Currency Exchange Scams to Avoid in Japan

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1 min read
Close-up of a Japanese two thousand yen banknote
Quick answer

Currency exchange scams are rare in Japan compared to many destinations, but unlicensed street changers offering unusually good rates and unstaffed kiosks with no visible licensing are the main ones to avoid. Sticking to banks, post offices, licensed counters, and established machine networks avoids the issue entirely.

Currency exchange scams are rare in Japan compared to many destinations, but unlicensed street changers offering unusually good rates and unstaffed kiosks with no visible licensing are the main ones to avoid.

Unlicensed street changers

These occasionally appear in dense tourist areas and are usually identifiable by rates that look noticeably better than anywhere else nearby. A rate that seems too good to be true almost always is.

Unmarked or unlicensed kiosks

Licensed counters post their rates clearly and operate inside recognized locations, such as banks, post offices, airports, or established retail chains. A standalone kiosk with no visible licensing or rate signage is worth avoiding.

Tip: If a counter will not show you the rate before you commit to the exchange, that alone is a reason to walk away and use a different option.

Sticking to reliable options

Japanese yen banknotes fanned out on a table

Banks, post offices, airport counters, and established unattended machine networks cover almost every practical need, and all of them post transparent, verifiable rates.

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Reviewed by the SMART EXCHANGE editorial team
Rates and information checked against airport signage as of the update date above.

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Related questions

No, they are uncommon compared to many other countries, but they do occasionally appear in dense tourist areas, usually identifiable by rates that seem too good to be true.

Licensed counters post their rates clearly and are typically located inside banks, post offices, airports, or recognized retail locations, rather than as standalone unmarked kiosks.

Yes, machines operated by established networks are generally safe and often offer better rates than staffed counters, since there is no counter overhead built into the margin.