USD/JPY update & alerts
1 USD = 110.13 JPY
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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.
| Foreign Transfer Providers | Receive JPY(¥) | Exchange Rate | Fee USD | Total Cost | Deal Links |
|---|---|---|---|---|---|
 | ¥1,076,800 Best Overall | 107.68 | 0^ | 2.23% | |
 | ¥1,087,600 ¥10,800 more | 108.76 | 0 | 1.25% | |
Banks - Average Rate     Average Bank Rate | ¥1,046,205 ¥30,595 less | 105.23 | 15 | 5.01% |
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 Providers | Amount JPY(¥) | Exchange Rate | Fee USD | Total Cost | Deal Links |
|---|---|---|---|---|---|
Banks - Average Rate Foreign Currency Average Bank Rate | ¥95,406 Compare | 96.37 | U$10 | 13.37% |
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.
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.
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