JPY to USD Exchange Rate
LIVEJapanese Yen to US Dollar
Currency Converter
=
Exchange rate: 1 JPY = 0.0067 USD (approximate)
About JPY/USD
The JPY/USD currency pair represents the exchange rate between the Japanese Yen and the US Dollar. This is one of the most liquid forex pairs in the world, often referred to as "the Ninja." The Japanese Yen is a major safe-haven currency, influenced by the Bank of Japan's monetary policy, Japan's trade balance, global risk sentiment, and US economic data. JPY tends to strengthen during market turmoil and weaken when investors seek higher-yielding assets.
Quick Facts
Currency Pair:
JPY/USD
Base Currency:
Japanese Yen (JPY)
Quote Currency:
US Dollar (USD)
Central Bank:
Bank of Japan
Trading Hours:
24/5 (Forex Market)
Frequently Asked Questions
How is JPY/USD related to USD/JPY?
JPY/USD is simply the inverse of USD/JPY. Markets usually quote USD/JPY (yen per dollar), so the JPY/USD figure shown here is its reciprocal, expressing how many dollars one yen buys.
Why is this rate often shown per 100 yen?
A single yen is worth only a small fraction of a US dollar, so quoting the value of 100 yen produces a more readable number than a long string of decimal places.
What drives the yen's value against the dollar?
Bank of Japan policy, the interest rate gap with the US Federal Reserve, and global risk appetite are key factors. The yen often gains during market stress as a safe-haven currency.