Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

    AUD to JPY Forecasts 2021

    The FX market's bellwether for risk sentiment, AUD/JPY, reached over ¥85 in May 2021.

    Updated: Oct 09, 2021  

    1 AUD = 85.13 JPY
    Sell AUD  →  Buy JPY
    AUD to JPY at 85.13 has risen 5.1% above its 90-day average, range 78.26-85.13.

    AUD/JPY dollar outlook

    AUD/JPY has risen 3.5 percent since late September mainly due to AUD strength as Australia profits from energy prices hikes.

    AUD/JPY wasChangePeriod
    04 Oct 2021
    4.8% 2 Weeks
    20 Jul 2021
    5.1% 90 Days
    18 Oct 2020
    13.3% 1 Year
    19 Oct 2016
    6% 5 Years
    21 Oct 2011
    7.5% 10 Years
    23 Oct 2001
    35.9% 20 Years
    AUD/JPY change over periods to 18-Oct-2021

    Australian dollar to Japanese Yen bank forecasts

    The souring of risk appetite almost always sees the AUD/JPY pair push lower. The Australian Dollar normally strengthens when risk appetite is healthy while the opposite follows. As for the Yen, it’s the opposite. The Japanese currency will rise when risk appetite sours.

    AUD to JPY had gained 8 percent in the first half of the year as commodity markets gain favour in 2021 with positive market sentiment associated with Joe Biden’s election win and vaccine roll-out news.

    In the first weeks of May AUD/JPY had risen above ¥85, well past National Australia Bank’s prediction of ¥79 for the end of the first quarter 2021.

    Aussie is benefiting from the Copper price surging above 9,000 for the first time in more than 10 years, on concerns about a global deficit of the metal and growth expectations.

    Being a safe-haven currency JPY always enjoys a drop when risk sentiment improves, which typically means losses for JPY against other major currencies. JPY Outlook

    The emergence of Evergrande and other significant roadblocks such as energy shortages in Europe and China impacting the global economic recovery throughout September prompted a shift in the underlying risk narrative, causing unfavourable conditions for commodity currencies like the AUD. AUD Outlook


    Loading rates...


    AUD to JPY Exchange Rates – Compare and Save



    More Forecasts

    Posted under: #Forecasts #AUD #JPY

    Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.