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Japanese yen Markets

JPY Currency Update - Our review of Japanese yen forecasts and news plus charts and historic rates. Check JPY Trends over various time periods.

 

The Japanese Yen (JPY) has recently faced pressure amid rising concerns over foreign exchange volatility and cautious monetary policy sentiments influencing its trajectory. Analysts noted that Finance Minister Katsunobu Kato's appeal for G7 nations to monitor excessive FX volatility underscores the government's anxiety regarding the yen's rapid decline against major currencies. This decline positions the JPY at 3.2% below its three-month average against the USD, now trading at 0.006499, highlighting ongoing market apprehensions.

The International Monetary Fund (IMF) has advised the Bank of Japan (BOJ) to adopt a measured approach to interest rate hikes, reflecting global economic uncertainties. This has led to expectations of continued softness in the yen if interest rates remain stagnant, which could further deter investor confidence. U.S. Treasury Secretary Scott Bessent remarked that consistent and sound monetary policy by the BOJ could restore stability to the yen, indicating a potential path for recovery if the BOJ acts decisively.

Current exchange rates reveal that the yen also holds a position 2.3% lower against the Euro at 0.005616 and 1.2% below the British Pound at 0.004939. Analysts observe that these figures have fluctuated within narrow ranges, suggesting that while there is volatility, the currency pairs have not experienced extreme deviations recently.

Additionally, increased foreign investment in Japan's long-term government bonds has introduced some unpredictability into the country's bond yield curve, which may further influence yen dynamics as investors react to shifts in fiscal policy. Overall, the ongoing dialogue surrounding yen volatility and potential monetary actions by the BOJ remains crucial for market participants as they navigate their currency exposure.

 

US dollar to Japanese yen - USD/JPY Trend

 
USD to JPY at 153.9 is 3.3% above its 3-month average of 149, having traded in a quite stable 5.2% range from 146.5 to 154.1
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JPY
 
1d+0.8%
 
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Top JPY Rates


Japanese yen to US dollar
JPYUSD 90 day chart

JPY to USD at 0.006499 is 3.2% below its 3-month average of 0.006713, having traded in a quite stable 5.2% range from 0.006487 to 0.006827
JPY to USD
0.006493
1d−0.7%

US dollar to Japanese yen
USDJPY 90 day chart

USD to JPY at 153.9 is 3.3% above its 3-month average of 149, having traded in a quite stable 5.2% range from 146.5 to 154.1
USD to JPY
154.01
1d+0.8%

Japanese yen to Canadian dollar
JPYCAD 90 day chart

JPY to CAD at 0.009087 is 2.5% below its 3-month average of 0.009316, having traded in a quite stable 4.6% range from 0.009073 to 0.009487
JPY to CAD
0.009098
90dLows
1d−0.5%

Japanese yen to Euro
JPY to EUR at 0.005616 is 2.3% below its 3-month average of 0.005751, having traded in a quite stable 4.7% range from 0.005609 to 0.005874
JPY to EUR
0.005628
1d−0.5%

Japanese yen to British pound
JPYGBP 90 day chart

JPY to GBP at 0.004939 is 1.2% below its 3-month average of 0.004998, having traded in a quite stable 4.7% range from 0.004886 to 0.005117
JPY to GBP
0.004937
14dHighs
1d−0.5%

United Arab Emirates dirham to Japanese yen
AEDJPY 90 day chart

AED to JPY at 41.90 is 3.3% above its 3-month average of 40.57, having traded in a quite stable 5.2% range from 39.88 to 41.97
AED to JPY
41.93
14dHighs
1d+0.8%

Japanese yen to Indonesian rupiah
JPYIDR 90 day chart

JPY to IDR at 108.1 is 2.3% below its 3-month average of 110.6, having traded in a quite stable 4.9% range from 107.9 to 113.2
JPY to IDR
108.00
90dLows
1d−0.4%

Malaysian ringgit to Japanese yen
MYRJPY 90 day chart

MYR to JPY at 36.64 is 3.8% above its 3-month average of 35.3, having traded in a relatively stable 6.7% range from 34.43 to 36.72
MYR to JPY
36.69
90dHighs
1d+0.5%

Australian dollar to Japanese yen
AUDJPY 90 day chart

AUD to JPY at 100.9 is 3.5% above its 3-month average of 97.47, having traded in a relatively stable 6.6% range from 94.79 to 101.0
AUD to JPY
100.76
14dHighs
1d+0.5%

A-Z


Japanese yen to Australian dollar
JPYAUD 90 day chart

JPY to AUD at 0.009908 is 3.4% below its 3-month average of 0.010262, having traded in a relatively stable 6.6% range from 0.009897 to 0.010550
JPY to AUD
0.009925
14dLows
1d−0.5%

Japanese yen to Canadian dollar
JPYCAD 90 day chart

JPY to CAD at 0.009087 is 2.5% below its 3-month average of 0.009316, having traded in a quite stable 4.6% range from 0.009073 to 0.009487
JPY to CAD
0.009098
90dLows
1d−0.5%

Japanese yen to Chinese yuan
JPYCNY 90 day chart

JPY to CNY at 0.046212 is 3.6% below its 3-month average of 0.047936, having traded in a relatively stable 6.1% range from 0.046128 to 0.048962
JPY to CNY
0.046215
90dLows
1d−0.6%

Japanese yen to Hong Kong dollar
JPY to HKD at 0.050496 is 3.5% below its 3-month average of 0.052338, having traded in a quite stable 5.9% range from 0.050405 to 0.053365
JPY to HKD
0.050454
1d−0.8%

Japanese yen to Indian rupee
JPYINR 90 day chart

JPY to INR at 0.5761 is 2.6% below its 3-month average of 0.5912, having traded in a quite stable 5.0% range from 0.5744 to 0.6030
JPY to INR
0.5764
1d−0.5%

Japanese yen to Philippine peso
JPYPHP 90 day chart

JPY to PHP at 0.3826 is 1.0% below its 3-month average of 0.3865, having traded in a quite stable 4.2% range from 0.3801 to 0.3960
JPY to PHP
0.3812
14dHighs
1d−0.5%

Japanese yen to Singapore dollar
JPY to SGD at 0.008447 is 2.4% below its 3-month average of 0.008652, having traded in a very stable 3.8% range from 0.008438 to 0.008757
JPY to SGD
0.008447
1d−0.6%

Japanese yen to Thai baht
JPYTHB 90 day chart

JPY to THB is at 90-day lows near 0.2100, 3.2% below its 3-month average of 0.217, having traded in a quite stable 5.2% range from 0.2100 to 0.2209
JPY to THB
0.2103
90dLows
1d−1.0%

Japanese yen to US dollar
JPYUSD 90 day chart

JPY to USD at 0.006499 is 3.2% below its 3-month average of 0.006713, having traded in a quite stable 5.2% range from 0.006487 to 0.006827
JPY to USD
0.006493
1d−0.7%