P2P Currency Exchange- Legal?

I’m an international student.
I have friends here in Japan from the same country, who are also students.
I want to transfer some money I have in savings(gift money) in my home country to here to buy some things. (around 300k¥).
It’s not that much money, and the transfer fees of our home country’s banks are too high.

Is it legal if my friends send me Yen to my bank account in Japan and I send them the equivalent amount back from my bank account at home to theirs ? Does it require a license or permit or something for that amount?

Thanks.

by Fearless-Candle3298

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