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    AUD to JPY 2024 Forecasts

    Analysis of recent Aussie → Yen forecasts for 2024. We collate forecasts from respected FX analysts together with the latest Australian dollar to Japanese yen performance and trends.

     

    Forecasts for AUD to JPY

     

    The recent developments in both the Australian dollar (AUD) and Japanese yen (JPY) have been influenced by various factors that have impacted their respective exchange rates. The AUD took a hit as market sentiment soured due to stronger-than-expected US inflation data, leading to concerns about a delayed interest rate cut from the Federal Reserve. However, FX analysts are forecasting a potential recovery for the AUD, with a median forecaster in The Australian Financial Review's survey predicting a bounce to US69¢ by year-end and a potential strengthening in risk appetite throughout 2024. Additionally, expectations of a contraction in the interest rate differential between Australia and other countries could support the AUD's value in the future.

    On the other hand, the JPY depreciated to its weakest level since 1990 following the Bank of Japan's underwhelming policy pivot in March, prompting the central bank to warn of bold action amid the currency's decline. Analysts expect interest rate differentials between Japan and other developed economies to remain wide, continuing to undermine the yen as investors favor higher-yielding currencies elsewhere. The recent exchange rate of AUD to JPY at 100.2 sits above its 3-month average, indicating relative stability within the pair despite fluctuations. Moreover, the yen's value may also be influenced by oil price movements, as a higher price for oil could potentially impact Japan's import costs and consequently affect the yen's exchange rate.

     
    @bestfxrates : AUD faces headwinds due to US inflation fears with AUDJPY near 7-day lows (~99.58), hovering above 3-mo avg. JPY's 34-yr low vs USD after BOJ's policy shift influences rate. Oil prices up, adding to volatility. Watch Fed actions & geopolitics for further AUD/JPY direction. #ForexUpdate #AUDJPY #CurrencyNews

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    AUD to JPY Market Data

    Australian dollar (AUD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 AUD =
    98.90We compare provider deals to this wholesale mid-market rate. Read more
    JPY
    +0.5%
    1W
    AUD to JPY at 100.2 is 2.2% above its 3-month average of 98.04, having traded in a quite stable 4.6% range from 96.19 to 100.6
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    Sell AUD   →   Buy JPY
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    Compare & Save - Australian dollar to Japanese yen

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to Japanese yen (JPY) rates from different sources before making a conversion.

    Use our AUD to JPY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Aussie to Yen currency rates and the possible savings of using various providers.

     
    DateAUD/JPYChangePeriod
    28 Mar 2024
    98.69
    1.5% 2 Week
    12 Jan 2024
    96.84
    3.5% 3 Month
    12 Apr 2023
    89.13
    12.4% 1 Year
    13 Apr 2019
    80.32
    24.7% 5 Year
    14 Apr 2014
    95.90
    4.5% 10 Year
    16 Apr 2004
    80.10
    25.1% 20 Year
    AUD/JPY historic rates & change to 11-Apr-2024
     

    Will the Australian dollar rise against the Japanese yen?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add AUD/JPY to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Read our Currency guide to Japan - a practical currency and money guide to travel, living and doing business in Japan with the Japanese yen.

     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more