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    Japanese yen JPY forecasts 2021

    The Japanese yen is a low value currency, against the US dollar it is normally quoted as USDJPY that is the number of yen per 1 US dollar.

    Updated: Oct 10, 2021  

    1 USD = 114.77 JPY
    Sell USD  →  Buy JPY
    USD to JPY at 114.7 is 0.5% above average of its 90-day range 112.8-116.1.

    Japanese yen outlook

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

    USD/JPY wasChangePeriod
    04 Jan 2022
    1.3% 2 Weeks
    20 Oct 2021
    0.2% 90 Days
    18 Jan 2021
    10.5% 1 Year
    19 Jan 2017
    0.3% 5 Years
    21 Jan 2012
    48.7% 10 Years
    23 Jan 2002
    14.6% 20 Years
    USD/JPY change over periods to 18-Jan-2022


    USD/JPY in the markets

    In September, the JPY traded within recent ranges of 109 – 111 JPY until the last week of the month.

    Continued market volatility could support a lower USDJPY in October and the expectation that potential Prime Minister Kishida will maintain current monetary policy could also pressure the yen lower.

    USD-JPY Forecasts

    AUD to JPY

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

    AUD-JPY Forecasts

    1 AUD = 82.50 JPY
    Sell AUD  →  Buy JPY
    AUD to JPY at 82.43 is just below average of its 90-day range 78.96-85.93.

    What is a good JPY dollar 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.

    You can also read our Foreign Exchange Guide to Japan for tips on saving money when you send or spend yen.

    Posted under: #Forecasts #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.