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USD to JPY - Rate Guide

United States Dollar to Japanese Yen exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD/JPY update & alerts

1 USD = 110.13 JPY

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USD to JPY - Trading Range (90 Day)
ALERT: 90-DAY HIGHS 🔔 |
USD/JPY at 110.15 is trading 1.1% above the 90-day average 108.92 with a range 107.08 to 110.15. ALERT: USD/JPY has risen to 90-DAY HIGHS.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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USD/JPY Exchange Rates and Providers Compared

This guide to the United States Dollar to Japanese Yen exchange rate with 90-day chart & alerts, historic rates, forecasts and USD to JPY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our USD/JPY Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for USD/JPY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

USD to JPY International Money Transfers

  

Foreign Transfer ProvidersReceive JPY(¥)Exchange RateFee USDTotal CostDeal Links
OFX logo
¥1,076,800
Best Overall
107.680^2.23%
XE logo
¥1,087,600
¥10,800 more
108.7601.25%
Wells Fargo Bank logo
¥1,053,400
¥23,400 less
105.53184.35%
HSBC logo
¥1,052,619
¥24,181 less
105.42U$154.42%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
¥1,046,205
¥30,595 less
105.23155.01%
Bank of America International Money Transfers
Bank of America logo
¥1,039,401
¥37,399 less
104.99U$1005.62%
U.S. Bank International Money Transfers
U.S. Bank logo
¥1,039,401
¥37,399 less
104.99U$1005.62%
 
OFX logo
OFX: Foreign Transfer USD→JPY
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:107.68 (2.23% from mid-rate)
To Amount (JPY) ¥1,076,800
Total Cost:2.23%
Time:
Rate Fetched: Sat Jan 18 2020 06:02:43 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer USD→JPY
From Amount (USD)U$10,000
Fee:
Exchange Rate:108.76 (1.25% from mid-rate)
To Amount (JPY) ¥1,087,600
Total Cost:1.25%
Difference:
¥10,800 JPY more than using OFX
Time:6:03 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→JPY
From Amount (USD)U$10,000
Fee:18
Exchange Rate:105.53 (4.18% from mid-rate)
To Amount (JPY) ¥1,053,400
Total Cost:4.35%
Difference:
¥23,400 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→JPY
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:105.42 (4.28% from mid-rate)
To Amount (JPY) ¥1,052,619
Total Cost:4.42%
Difference:
¥24,181 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→JPY
From Amount (USD)U$10,000
Fee:15
Exchange Rate:104.77 (4.87% from mid-rate)
To Amount (JPY) ¥1,046,205
Total Cost:5.01%
Difference:
¥30,595 JPY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of America logo
Bank of America: Foreign Transfer USD→JPY
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:104.99 (4.67% from mid-rate)
To Amount (JPY) ¥1,039,401
Total Cost:5.62%
Difference:
¥37,399 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→JPY
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:104.99 (4.67% from mid-rate)
To Amount (JPY) ¥1,039,401
Total Cost:5.62%
Difference:
¥37,399 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/18/2020 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount JPY(¥)Exchange RateFee USDTotal CostDeal Links
Banks - Average Rate Foreign Currency
¥95,406
Compare
96.37U$1013.37%
 
Banks - Average Rate
Travel Money USD→JPY
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:96.37 (12.5% from mid-rate)
To Amount (JPY) ¥95,406
Total Cost:13.37%
Currency Services:Branch
Delivery/Collect:-
 
Snapshot 01/18/2020 - See full table

USDJPY blended flags

USD and JPY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the USD vs JPY, you should pay attention to the recent market trends for both currencies.

United States Dollar (USD)

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

For more USD bank forecasts and cross-rate trends read the report USD trends and forecasts.

Read more in the article USD Forecasts.

 

Japanese Yen (JPY)

The threat of proxy war between the US and Iran in Iraq has helped bring on the recent gains in the Japanese yen and US dollar plus currencies pegged to the greenback such as the Hong Kong dollar.

Last year, HSBC warned against thinking that yen-supporting safe-haven flows would soon stop, implying that the yen could have more upside potential in the near term. The bank highlighted the “desolation and destruction” (an exaggeration) present in many major economies and currencies. “You can never get too high,” the bank’s chief analyst said.

Read more in the article JPY Forecasts.

Why can't I just get the USD/JPY market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the USD / JPY was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

USDJPY blended flags

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all USD Exchange Rates