Best USD to JPY Exchange Rates - Compare & Save

In this US dollar to yen (USD/JPY) rate guide:

Rate Calculator - US dollar to Japanese yen

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Japanese yen (JPY) rates from different sources before making a conversion.

This exchange rate calculator makes it easy to compare the Total Cost you are being charged on US dollar to yen currency rates and the possible savings of using various providers.

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USD to JPY Market Data

US dollar (USD) to Japanese yen (JPY) market data - latest interbank mid-rate, trend, chart & historic rates.

1 USD = JPY

USD to JPY is at 90-day highs near 140.7, 4.5% above its 3-month average of 134.7, having traded in a relatively stable 7.7% range from 130.6 to 140.7

26-MAY 6PM-NY 11PM-LON 27-MAY 6AM-HK 8AM-SYD

Sell USD → Buy JPY

Track Rate

90-DAY▲HIGH1d

4-DAY▲+1.5%1d

Date	USD/JPY	Change	Period
12 May 2023	135.75	3.6% ▲	2 Week
25 Feb 2023	136.49	3.1% ▲	3 Month
26 May 2022	127.10	10.7% ▲	1 Year
27 May 2018	109.61	28.3% ▲	5 Year
28 May 2013	101.99	37.9% ▲	10 Year
31 May 2003	119.01	18.2% ▲	20 Year

USD/JPY historic rates & change to 26-May-2023

What are USD to JPY forecasts?

26 MayThe US Dollar (USD) has experienced modest gains recently as a result of heightened economic tensions between the United States and China, which increased the appeal of the safe-haven currency. Furthermore, FX analysts expect that the upcoming PMIs from S&P Global could potentially drive down USD demand due to a forecasted weaker services reading and a stall in factory activity. Despite this, economists predict that the strength of the US dollar will reverse in 2023 as the Fed's interest rate hikes cycle comes to an end.

Read our full analysis of USD to JPY forecasts.

How to get a good USD to JPY exchange rate

There are several ways to save on exchange rates when converting US dollar to Japanese yen:

Shop around for the best USD/JPY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the USD/JPY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and JPY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Japanese yen with US dollar, then it's better for the USD/JPY exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the US dollar rise against the Japanese yen?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/JPY to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

Manage My Rates

Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

Read our Currency guide to Japan - a practical currency and money guide to travel, living and doing business in Japan with the Japanese yen.

US dollar & Japanese yen - Country Guides

United States (USD)

Japan (JPY)

How is the cost of living in Japan?

The cost of living in Japan can vary depending on location, lifestyle, and individual needs. However, generally speaking, Japan is known to be one of the more expensive countries in the world, especially in terms of accommodation and transportation.

Accommodation costs, particularly in the big cities such as Tokyo and Osaka, can be quite high. Rent for apartments can be very expensive, and purchasing a home can be out of reach for many.

Read more at our Japan (JPY) country guide

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