The best JPY to USD exchange rate is 0.006686. Compare foreign transfer and currency exchange rates, find better rates & deals.
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Exchange rates can vary significantly between different currency exchange providers, so it's important to 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 foreign exchange providers against the latest JPY-USD mid-rate (see Market Data below ) and the possible savings of using a different provider.
Japanese yen (JPY) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | JPY/USD | Period |
---|---|---|
29 Sep 2024 | 0.007003 | 2 Week |
15 Jul 2024 | 0.006323 | 3 Month |
14 Oct 2023 | 0.006686 | 1 Year |
15 Oct 2019 | 0.009191 | 5 Year |
16 Oct 2014 | 0.009393 | 10 Year |
18 Oct 2004 | 0.009146 | 20 Year |
Here are some popular conversion amounts for JPY to USD (Japanese yen to US dollar)*.
*Converted at the current JPYUSD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Japanese yen (JPY) is currently facing considerable pressure against the US dollar (USD) as the Bank of Japan (BoJ) maintains a cautious monetary policy amid political uncertainty and mixed US labor data. Following the BoJ's decision to keep interest rates unchanged at 0.25% in September, Governor Kazuo Ueda indicated a lack of urgency for rate hikes, which sent the yen down by 1.2%. The subsequent appointment of Shigeru Ishiba as Prime Minister further exacerbated the yen's decline, with his comments aligned with the BoJ's stance on the necessity of keeping rates stable. As a result, the JPY/USD exchange rate has surged, recently surpassing ¥146.51 and marking a historical low, which has prompted discussions within Japan’s finance ministry about potential intervention strategies to defend the yen.
Read our full review of recent JPY to USD forecasts.
There are several ways to save on exchange rates when converting Japanese yen to US dollar:
Generally speaking, if you are buying US dollar with Japanese yen, then it's better for the JPY/USD 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.
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 JPY/USD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to the United States - a practical currency and money guide to travel, living and doing business in the United States with the US dollar.
United States (USD) | Japan (JPY) | East Timor (USD) |
Ecuador (USD) | El Salvador (USD) | British Virgin Islands (USD) |
US Virgin Islands (USD) | Caribbean Netherlands (USD) | Turks and Caicos Islands (USD) |
Setting up a business in the US as a foreigner is generally the same process as setting up a business as a US citizen. However, there may be additional legal requirements and regulations that apply to foreign nationals. It is advisable to consult with a lawyer who specializes in immigration and business law to ensure compliance with all relevant laws and regulations. Additionally, obtaining a valid work visa may be necessary in order to work in the US as a foreigner. It's important to research the specific requirements for the type of business you plan to start and the state where you plan to set it up.
Read more at our United States (USD) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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