The FX market's bellwether for risk sentiment, AUD/JPY, is expected by NAB at ¥78 at the end of 2020.
Australian dollar to Japanese Yen bank forecasts
National Australia Bank (NAB) are predicting the AUD/JPY rate to rise to ¥78 by the end of 2020.
You can read more about AUD cross-rate forecasts here AUD Trends and Forecasts for 2020.
Forecasts and predictions for the AUD/JPY exchange rate change all the time, affected by news events and relative sentiment towards the Australian and Japanese economies. This continually updated article reviews AUD to JPY bank forecasts and recent trends for both currencies.
What is a good AUD to JPY exchange rate?
This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.
The following table looks at the change in the AUD to JPY exchange rate to the present day for periods going back upto 10 years:
| AUD/JPY | Period to 29-May | Date | Rate |
|---|---|---|---|
| 2.2% ▲ | 1 Week | 22 May 2020 | 70.3437 |
| 2.9% ▲ | 30 Days | 29 Apr 2020 | 69.8755 |
| 2.2% ▲ | 90 Days | 29 Feb 2020 | 70.3491 |
| 4.8% ▼ | 1 Year | 30 May 2019 | 75.4985 |
| 24.2% ▼ | 5 Years | 31 May 2015 | 94.8622 |
| 5.5% ▼ | 10 Years | 01 Jun 2010 | 76.0469 |
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