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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 experienced fluctuations influenced by recent geopolitical developments and trade tensions, particularly amid ongoing tariff negotiations stemming from the US trade policies. As such, the JPY has seen some strengthening as traders turn towards safe-haven currencies during these uncertain times. Analysts note that the market remains reactive to any potential escalation in the trade war, with the JPY and Swiss franc gaining traction as preferences shift towards perceived safe assets.

Recent forecasts from MUFG Research projected a USD/JPY exchange rate of 154.00 for Q1 2025, with a gradual decline to 148.00 by Q4 2025. However, this outlook may require reevaluation in light of the yen's recent depreciation against the dollar. Currently, the JPY/USD pair is trading at 0.006793, which is approximately 1.9% below its three-month average of 0.006922. This trading range has remained relatively stable, oscillating between 0.006735 to 0.007099.

For the JPY/EUR pair, the currency currently stands at 0.005814, indicating a 3.9% weakness compared to its three-month average of 0.006047. It has traded within a stable range of 0.005804 to 0.006186. Meanwhile, the JPY/GBP pairing is at 0.005033, registering a 2.2% decline from its three-month average of 0.005146, with fluctuations spanning a narrow band of 0.005019 to 0.005323.

The yen's value is heavily influenced by Japan's monetary policies and macroeconomic performance. With the Bank of Japan (BoJ) maintaining ultra-low interest rates, the yen remains a popular funding currency for carry trades but could face challenges if there is a shift toward higher interest rates in other markets. Analysts emphasize that the future trajectory of the yen will depend significantly on the BoJ's policy stance, global risk dynamics, trade relations, and evolving geopolitical landscapes.

Given Japan's export-driven economy, a weaker yen can sometimes provide competitive advantages in foreign markets, although significant appreciation may prompt interventions from authorities to stabilize the currency. With ongoing uncertainties from global conflicts and commodity price vulnerabilities, the yen's role as a safe haven will continue to be tested in the coming months. Investors and businesses engaging in international transactions should remain attuned to these economic indicators and geopolitical developments to navigate potential impacts on currency exchange rates.

 

US dollar to Japanese yen - USD/JPY Trend

 
USD to JPY at 147.2 is 1.9% above its 3-month average of 144.5, having traded in a quite stable 5.4% range from 140.9 to 148.5
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1 USD =
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JPY
 
-0.1%
30d-highs
 
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Top JPY Rates


Japanese yen to US dollar
JPYUSD 90 day chart

JPY to USD at 0.006793 is 1.9% below its 3-month average of 0.006922, having traded in a quite stable 5.4% range from 0.006735 to 0.007099
JPY to USD
0.006789
+0.1%
30d-lows

Japanese yen to Euro
JPY to EUR at 0.005814 is 3.9% below its 3-month average of 0.006047, having traded in a relatively stable 6.6% range from 0.005804 to 0.006186
JPY to EUR
0.005808
+0.2%
90d-lows

Japanese yen to Canadian dollar
JPYCAD 90 day chart

JPY to CAD at 0.009297 is 2.4% below its 3-month average of 0.009529, having traded in a quite stable 5.8% range from 0.009292 to 0.009827
JPY to CAD
0.009285
90d-lows

Japanese yen to British pound
JPYGBP 90 day chart

JPY to GBP at 0.005033 is 2.2% below its 3-month average of 0.005146, having traded in a relatively stable 6.1% range from 0.005019 to 0.005323
JPY to GBP
0.005033
+0.1%

Japanese yen to Indian rupee
JPYINR 90 day chart

JPY to INR at 0.5830 is 1.6% below its 3-month average of 0.5922, having traded in a quite stable 5.7% range from 0.5722 to 0.6046
JPY to INR
0.5839
+0.1%
30d-lows

Japanese yen to Australian dollar
JPYAUD 90 day chart

JPY to AUD at 0.010330 is 3.5% below its 3-month average of 0.010704, having traded in a relatively stable 7.6% range from 0.010313 to 0.011095
JPY to AUD
0.010341
+0.2%
90d-lows

Japanese yen to Singapore dollar
JPY to SGD at 0.008696 is 2.7% below its 3-month average of 0.00894, having traded in a relatively stable 6.6% range from 0.008689 to 0.009261
JPY to SGD
0.008695
+0.1%
90d-lows

Japanese yen to Chinese yuan
JPYCNY 90 day chart

JPY to CNY at 0.048696 is 2.5% below its 3-month average of 0.049935, having traded in a relatively stable 6.7% range from 0.048518 to 0.051769
JPY to CNY
0.048662
+0.1%
30d-lows

A-Z


Japanese yen to Australian dollar
JPYAUD 90 day chart

JPY to AUD at 0.010330 is 3.5% below its 3-month average of 0.010704, having traded in a relatively stable 7.6% range from 0.010313 to 0.011095
JPY to AUD
0.010341
+0.2%
90d-lows

Japanese yen to Canadian dollar
JPYCAD 90 day chart

JPY to CAD at 0.009297 is 2.4% below its 3-month average of 0.009529, having traded in a quite stable 5.8% range from 0.009292 to 0.009827
JPY to CAD
0.009285
90d-lows

Japanese yen to Chinese yuan
JPYCNY 90 day chart

JPY to CNY at 0.048696 is 2.5% below its 3-month average of 0.049935, having traded in a relatively stable 6.7% range from 0.048518 to 0.051769
JPY to CNY
0.048662
+0.1%
30d-lows

Japanese yen to Hong Kong dollar
JPY to HKD at 0.053324 is 1.4% below its 3-month average of 0.054104, having traded in a quite stable 5.0% range from 0.052478 to 0.055083
JPY to HKD
0.053292
+0.1%
30d-lows

Japanese yen to Indian rupee
JPYINR 90 day chart

JPY to INR at 0.5830 is 1.6% below its 3-month average of 0.5922, having traded in a quite stable 5.7% range from 0.5722 to 0.6046
JPY to INR
0.5839
+0.1%
30d-lows

Japanese yen to Philippine peso
JPYPHP 90 day chart

JPY to PHP at 0.3837 is 1.3% below its 3-month average of 0.3887, having traded in a relatively stable 6.7% range from 0.3765 to 0.4019
JPY to PHP
0.3846
+0.1%
30d-lows

Japanese yen to Singapore dollar
JPY to SGD at 0.008696 is 2.7% below its 3-month average of 0.00894, having traded in a relatively stable 6.6% range from 0.008689 to 0.009261
JPY to SGD
0.008695
+0.1%
90d-lows

Japanese yen to Thai baht
JPYTHB 90 day chart

JPY to THB at 0.2200 is 3.3% below its 3-month average of 0.2274, having traded in a relatively stable 7.6% range from 0.2198 to 0.2364
JPY to THB
0.2201
90d-lows

Japanese yen to US dollar
JPYUSD 90 day chart

JPY to USD at 0.006793 is 1.9% below its 3-month average of 0.006922, having traded in a quite stable 5.4% range from 0.006735 to 0.007099
JPY to USD
0.006789
+0.1%
30d-lows