[Recommended Options] Comprehensive Comparison of Exchange Rates at Narita Airport

• This article is for reference only as it is merely a translated version of the Japanese article below.
  【〇〇がおすすめ】成田空港の両替レートを徹底比較 (Japanese version)

Updated: March 2, 2024

Note: Mizuho Bank closed all currency exchange locations within Narita Airport as of February 29, 2024.

Interested in finding the best exchange provider at Narita Airport?

Just knowing this could save over 10,000 JPY.

This article provides a comprehensive comparison of exchange rates from various currency exchange providers at Narita Airport (Travelex, Mizuho Bank, Keiyo Bank, Chiba Bank, GPA) and highlights the recommended options.

For additional tips on services offering better rates than those available at the airport, be sure to read on.

Aim to exchange currency at rates closest to the market rate.

Narita Airport Exchange Rates Tend to Be Less Favorable

It’s worth noting that exchange rates at Narita Airport are relatively poor.

While rates for major currencies like the USD and EUR remain within an acceptable range (less than around 2-3%), most other currencies come with significant exchange fees (foreign exchange spreads) added on.

It’s recommended to limit currency exchanges at the airport to essential amounts only and consider alternatives like Revolut or Wise, which are covered in more detail below.

Recommended Currency Exchange Provider Varies by Currency

The best exchange provider at Narita Airport depends on the currency being exchanged.

Select providers according to the specific currency you wish to exchange.

Narita Airport Exchange Rate Comparison

The lower the figures shown in the table, the lower the cost of the exchange.

Narita Airport Exchange Rates

The exchange rate highlighted in red offers the best deal.

Since the most favorable exchange provider varies by currency, refer to the table above to choose the “optimal exchange provider for each currency.”

To make it easier to understand the difference in fees, let’s compare the exchange fees (foreign exchange spreads) by currency.

Narita Airport Exchange Fee Comparison

The first value to note is the “top-ranked exchange fee.”

For USD (US Dollar) and EUR (Euro), exchange fees are typically below 2-3%, but some currencies have fees as high as around 40%.

Currencies that are less commonly exchanged tend to have higher exchange fee percentages.

The next value to pay attention to is the “difference between the highest and lowest exchange fees.”

Depending on the exchange provider chosen, there can be a difference of 2% to over 26%.

For example, let’s compare the exchange fees for IDR (Indonesian Rupiah) between the top-ranked provider (Keiyo Bank) and the lowest-ranked provider (Travelex), where the fee difference is 26.6%.

JPY Required to Receive 3,000,000 IDR

• Keiyo Bank: 3,000,000 IDR × 0.0118 JPY/IDR = 35,400 JPY
• Travelex: 3,000,000 IDR × 0.0143 JPY/IDR = 42,900 JPY

Even when exchanging the same 3,000,000 IDR, choosing Keiyo Bank saves 7,500 JPY.

Minimize airport exchanges as much as possible while selecting the optimal exchange provider for each currency.

For those who find airport exchanges inconvenient, services that “deliver foreign currency directly to your home” are also recommended.

These services often offer better rates than those at the airport. For more information, refer to the article linked below.

Foreign Currency Delivery Service

• Better Rates than Airports and Banks: A Detailed Guide to MoneyBank’s Foreign Currency Exchange Services

Following is an explanation of the detailed locations and business hours of each exchange service provider.

Locations, Business Hours, and Application Methods for Foreign Exchange Counters at Narita Airport Terminal 2

Narita Airport Terminal 2 Foreign Exchange Location

B1F

1. Travelex Map: 11

• Location: Keisei Line Service Counter
• Operating Hours: 7:00 AM to 7:30 PM
• Exchange Rate Updates: Weekdays: every hour; Weekends and public holidays: once daily

2. GPA Map: 6

• Location: Railway Area
• Operating Hours: 7:30 AM to 8:30 PM
• Exchange Rate Updates: Once daily

Note: On weekends and public holidays, when the market is closed, the rate from the previous business day (usually Friday) is applied.

1F 

3. GPA (ATM) Map: 32

• Location: Arrival Lobby
• Location: Arrival Lobby
• Exchange Rate Updates: Once daily

Note: On weekends and public holidays, when the market is closed, the rate from the previous business day (usually Friday) is applied.

3rd Floor, Departure Lobby

4. GPA Map: 12

• Location: Departure Lobby
• Operating Hours: 7:30 AM to 9:30 PM
• Exchange Rate Updates: Once daily

Note: On weekends and public holidays, when the market is closed, the rate from the previous business day (usually Friday) is applied.

5. Mizuho Bank Map:1

• As of February 29, 2024, Mizuho Bank has permanently closed all currency exchange counters within Narita Airport.

6. Keiyo Bank Map: 18

• Location: 3rd Floor
• Operating Hours: (Early Shift) 7:00 AM to 6:00 PM; (Late Shift) 8:00 AM to 10:00 PM
• Exchange Rate Updates: Once daily on weekdays only

Note 1: Adjacent exchange counters alternate between early and late shifts.

Note 2: On weekends and public holidays, when the market is closed, the exchange rate from the previous business day (usually Friday) applies.

Keiyo Bank also requires submitting an application form to complete currency exchanges.

2F

7. Chiba Bank Map: 8

• Location: 2nd Floor
• Operating Hours: Standard banking hours from 9:00 AM to 3:00 PM (Closed on weekends and public holidays)
• Exchange Rate Updates: Once daily on weekdays only

Note: On weekends and public holidays, when the market is closed, the exchange rate from the previous business day (usually Friday) applies.

Chiba Bank requires submitting an application form to complete currency exchanges.

3F : Near Customs

8. Chiba Bank Map: M28

• Location: Near Customs on the 3rd Floor
• Operating Hours: 8:30 AM to 9:00 PM
• Exchange Rate Updates: Once daily on weekdays only

Note: On weekends and public holidays, when the market is closed, the exchange rate from the previous business day (usually Friday) applies.

Chiba Bank requires submitting an application form to complete currency exchanges.

This section has covered recommended exchange service locations and providers at Narita Airport.

Now, introducing Revolut and Wise, which often offer more favorable rates than many other currency exchange services.

Revolut and Wise: Better Exchange Rates Than Many Other Services

Revolut and Wise offer foreign exchange rates that are typically under 1% for many currencies.

Both services provide plans that are free of monthly charges, making them ideal options for travelers heading overseas.

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• [Japan Edition] In-depth Guide to Revolut Membership Plans and Services

Summary of This Article

This article provides an overview of recommended foreign exchange providers at Narita Airport. Here’s a summary:

• Exchange rates at Narita Airport are relatively poor.
• It’s advisable to exchange only the minimum necessary at the airport.
• Recommended exchange providers at Narita Airport vary by currency.
• Some currencies can incur exchange fees of up to nearly 40%.
• There’s a difference of 2% to over 26% between the highest and lowest exchange fees.
• Revolut and Wise offer exchange rates for many currencies with fees of less than 1%.

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