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    Currency in Japan – Japanese yen JPY

    A practical foreign exchange and currency guide to Japan

     

    What currency is used in Japan?

    The official currency of Japan is the Japanese yen, with symbol ¥ and currency code JPY.

     

    Things to know about the Japanese yen

     

    What the Japanese yen looks like?

     

     

     

    Japanese yen – Markets & Rates

    1 USD = 144.74 JPY
    Sell USD  →  Buy JPY
    USD to JPY at 144.7 is 4.6% above its 90-day average 138.4 with range 131.7-144.8.
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    Japanese yen - Trend & Outlook

    The Japanese yen continues to lose ground against the US dollar. For reference, with USD/JPY hitting 136 in July — a more than 20-Year Low for the yen.

    Yen weakness against the greenback stems from the interest rate differentials between Japan and the US. The market expects that the Fed Reserve will continue to hike rates aggressively, while the BOJ is committed to low interest rates.

     USD-JPY Forecasts

    DateUSD/JPYChangePeriod
    16 Sep 2022
    142.93
    1.3% 2 Week
    02 Jul 2022
    135.23
    7% 3 Month
    30 Sep 2021
    111.47
    29.9% 1 Year
    01 Oct 2017
    112.66
    28.5% 5 Year
    02 Oct 2012
    78.10
    85.3% 10 Year
    05 Oct 2002
    122.96
    17.7% 20 Year
    USD/JPY historic rates & change to 30-Sep-2022

     

     

    Compare Japanese yen Exchange Rates & Fees

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Japanese yen.

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    Travelling to Japan

    Though very expensive, Japan is one of the most amazing, beautiful, and friendly countries in the world. Japan is a high-tech world mixed with the politeness and respect of their past. It has all the benefits of a high tech country mixed with a lovely sense of the old. Japan has fantastic food, beautiful temples and shrines, zen gardens, national parks, and a culture with a long and rich history. It’s a wonderful place and, while it may be an expensive country to visit.

    Most people can speak English and are willing to do so. Accommodation can be expensive, especially in Tokyo, but with a little looking around on the internet you can find some amazing deals. Food options cater to all, you can both go expensive or cheap, and neither is hard to find.

    The easiest way to travel in Japan is by train, bullet trains can be expensive but are astoundingly fast and comfortable. Most of the city metro tickets cost 125-250 JPY for a single journey. In most major cities, you can buy a day pass, which gives you unlimited travel for 24 hours for around 1,000 JPY on select trains. Inter-city bus tickets cost around 2,500 JPY. For budget travelers the bus is an option, they are far cheaper but can take up to five times the amount of time to get to your destination.

    Most temples and museums are free to enter, although some popular attractions cost around 1,250 JPY. The temples in Kyoto can cost up to 620 JPY. Many of the city’s parks are free, so take advantage when you can and spend the day there. The same for Tokyo, don’t be afraid to get a decent map and wander around.

     

     

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