The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
JPY to USD Market Data
Japanese yen (JPY) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The outlook for USD/JPY is bullish-to-range-bound as it sits above the 90-day average and in the upper half of the 3-month range.
Key drivers:
- Rate gap: Fed's easing expectations vs. BoJ's recent rate hike boosts USD demand.
- Risk/commodities: Rising oil prices support the USD due to its trade significance.
- Macro factor: Japan's record fiscal budget may pressure the yen, impacting currency stability.
Range: Movement likely to hold within the 3-month range, with potential upper level tests if USD demand stays strong.
What could change it:
- Upside risk: Hawkish Fed comments could boost the dollar further.
- Downside risk: Signs of a softer U.S. labor market might weaken the dollar against the yen.
USD/JPY remains strong as Fed policy diverges from BoJ's recent hike, keeping bullish momentum. Rising oil prices support the dollar, while Japan's big spending may strain the yen. Watch for Fed cues that could shift this dynamic
@bestfxrates
JPY to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Japanese yen are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different JPY amounts at today’s rate * :
What is the
best Send Money conversion rate for JPY to USD?
The best JPY to USD exchange rate is 0.0063 from OFX . This is -0.33% compared to the mid-market rate 0.006321.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Japanese yen (JPY) to US dollar (USD) rates from different sources before making a conversion.
The above
Yen to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest JPY-USD mid-rate and the possible savings of using various providers.
How do JPY-USD rates compare between providers?
Looking at the full
JPY to USD - Send Money comparison table the provider with the best JPY to USD exchange rate is OFX at 0.0063, -0.33% from the latest mid-market rate 0.006321.
The next best is XE at 0.0063, -0.33% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.