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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.

 

Recent market developments have led to significant fluctuations in the Japanese yen (JPY), influenced by mounting trade tensions and evolving investor sentiment towards risk. The US implementation of a 24% reciprocal tariff on Japanese goods, a move stemming from ongoing trade conflicts, has contributed to a climate of uncertainty affecting the yen's performance.

As a safe-haven currency, the yen typically strengthens during periods of global economic instability, which has been evident amid the geopolitical concerns surrounding the Ukraine conflict. Investors have increasingly turned to the yen and the Swiss franc as refuge assets, leading to a temporary appreciation against riskier currencies.

Currently, the JPY/USD pair is hovering near 30-day lows of 0.006808, indicating a decline of 1.7% from its three-month average of 0.006928. The pair has traded within a stable range of 5.4%, between 0.006735 and 0.007099, suggesting limited volatility but an overall trend of depreciation. Similarly, the JPY/EUR and JPY/GBP pairs are also at 90-day lows, trading near 0.005807 and 0.005012 respectively, reflecting a downward trajectory of 4.3% and 2.9% from their respective three-month averages.

Looking ahead, analysts from MUFG Research have projected a USD/JPY exchange rate of 154.00 for Q1 2025, followed by a gradual decline to 148.00 by Q4 2025. However, the yen's recent weakness may prompt a reassessment of these forecasts in light of Japan's monetary policy and ongoing global economic conditions.

Market participants should note that the future performance of the yen will depend significantly on the Bank of Japan's policy stance. The current ultra-low interest rates serve to stimulate growth, yet they also lead to weaker demand for the yen in times of stable markets as investors seek higher-yielding assets. Geopolitical uncertainties and trade dynamics, particularly with key partners such as the US and China, will continue to play a crucial role in shaping the yen's exchange rate.

In summary, as the currency landscape evolves, it remains essential for businesses and individuals engaged in international transactions to stay informed on these developments to effectively navigate potential currency risks.

 

US dollar to Japanese yen - USD/JPY Trend

 
USD to JPY is at 30-day highs near 146.9, 1.7% above its 3-month average of 144.4, having traded in a quite stable 5.4% range from 140.9 to 148.5
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JPY
 
+0.5%
30d-highs
 
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Top JPY Rates


Japanese yen to US dollar
JPYUSD 90 day chart

JPY to USD is at 30-day lows near 0.006808, 1.7% below its 3-month average of 0.006928, having traded in a quite stable 5.4% range from 0.006735 to 0.007099
JPY to USD
0.006825
-0.6%
30d-lows

Japanese yen to Euro
JPY to EUR is at 90-day lows near 0.005807, 4.3% below its 3-month average of 0.006065, having traded in a relatively stable 6.5% range from 0.005807 to 0.006186
JPY to EUR
0.005828
-0.7%
90d-lows

Japanese yen to Canadian dollar
JPYCAD 90 day chart

JPY to CAD is at 90-day lows near 0.009306, 2.5% below its 3-month average of 0.009547, having traded in a quite stable 5.6% range from 0.009306 to 0.009827
JPY to CAD
0.009341
-0.7%
90d-lows

Japanese yen to British pound
JPYGBP 90 day chart

JPY to GBP is at 90-day lows near 0.005012, 2.9% below its 3-month average of 0.005161, having traded in a relatively stable 6.5% range from 0.005012 to 0.005338
JPY to GBP
0.005017
-0.4%
90d-lows

Japanese yen to Indian rupee
JPYINR 90 day chart

JPY to INR is at 30-day lows near 0.5835, 1.6% below its 3-month average of 0.5929, having traded in a quite stable 5.7% range from 0.5722 to 0.6046
JPY to INR
0.5850
-0.8%
30d-lows

Japanese yen to Australian dollar
JPYAUD 90 day chart

JPY to AUD is at 90-day lows near 0.010436, 2.8% below its 3-month average of 0.010743, having traded in a relatively stable 6.6% range from 0.010436 to 0.011125
JPY to AUD
0.010442
-1.0%
90d-lows

Japanese yen to Singapore dollar
JPY to SGD is at 90-day lows near 0.008716, 2.8% below its 3-month average of 0.008964, having traded in a relatively stable 6.3% range from 0.008716 to 0.009261
JPY to SGD
0.008740
-0.5%
90d-lows

Japanese yen to Chinese yuan
JPYCNY 90 day chart

JPY to CNY is at 30-day lows near 0.048842, 2.4% below its 3-month average of 0.05003, having traded in a relatively stable 6.7% range from 0.048518 to 0.051769
JPY to CNY
0.049005
-0.6%
30d-lows

A-Z


Japanese yen to Australian dollar
JPYAUD 90 day chart

JPY to AUD is at 90-day lows near 0.010436, 2.8% below its 3-month average of 0.010743, having traded in a relatively stable 6.6% range from 0.010436 to 0.011125
JPY to AUD
0.010442
-1.0%
90d-lows

Japanese yen to Canadian dollar
JPYCAD 90 day chart

JPY to CAD is at 90-day lows near 0.009306, 2.5% below its 3-month average of 0.009547, having traded in a quite stable 5.6% range from 0.009306 to 0.009827
JPY to CAD
0.009341
-0.7%
90d-lows

Japanese yen to Chinese yuan
JPYCNY 90 day chart

JPY to CNY is at 30-day lows near 0.048842, 2.4% below its 3-month average of 0.05003, having traded in a relatively stable 6.7% range from 0.048518 to 0.051769
JPY to CNY
0.049005
-0.6%
30d-lows

Japanese yen to Hong Kong dollar
JPY to HKD is at 30-day lows near 0.053443, 1.2% below its 3-month average of 0.054118, having traded in a quite stable 5.0% range from 0.052478 to 0.055083
JPY to HKD
0.053576
-0.5%
30d-lows

Japanese yen to Indian rupee
JPYINR 90 day chart

JPY to INR is at 30-day lows near 0.5835, 1.6% below its 3-month average of 0.5929, having traded in a quite stable 5.7% range from 0.5722 to 0.6046
JPY to INR
0.5850
-0.8%
30d-lows

Japanese yen to Philippine peso
JPYPHP 90 day chart

JPY to PHP is at 30-day lows near 0.3845, 1.2% below its 3-month average of 0.3893, having traded in a relatively stable 6.7% range from 0.3765 to 0.4019
JPY to PHP
0.3857
-0.8%
30d-lows

Japanese yen to Singapore dollar
JPY to SGD is at 90-day lows near 0.008716, 2.8% below its 3-month average of 0.008964, having traded in a relatively stable 6.3% range from 0.008716 to 0.009261
JPY to SGD
0.008740
-0.5%
90d-lows

Japanese yen to Thai baht
JPYTHB 90 day chart

JPY to THB is at 90-day lows near 0.2220, 2.6% below its 3-month average of 0.228, having traded in a relatively stable 6.5% range from 0.2220 to 0.2364
JPY to THB
0.2233
-0.6%
90d-lows

Japanese yen to US dollar
JPYUSD 90 day chart

JPY to USD is at 30-day lows near 0.006808, 1.7% below its 3-month average of 0.006928, having traded in a quite stable 5.4% range from 0.006735 to 0.007099
JPY to USD
0.006825
-0.6%
30d-lows