OCBC Bank JPY to USD Exchange Rates & Currency Deals
JPY-USD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your OCBC Bank 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.
JPY to USD is at 14-day lows near 0.006371, 1.3% below its 3-month average of 0.006458, having traded in a quite stable 4.9% range from 0.006339 to 0.006648
Is the JPY to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Japanese yen against the US dollar is to review how the JPY/USD rate has changed over time.
The table below shows the percentage change in the JPY to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
USD/JPY is currently range-bound. Analysts expect USD weakness as the Fed considers rate cuts, while Japan's robust inflation may lead the BOJ to hike rates. Watch for volatility from U.S. growth surprises or potential yen support measures from Japan
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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 -0.79% compared to the mid-market rate 0.006350.
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
OCBC Bank - Yen to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OCBC Bank and other foreign exchange providers against the latest JPY-USD mid-rate and the possible savings of using various providers.
How do OCBC Bank 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, -0.79% from the latest mid-market rate 0.006350.
The next best is XE at 0.0063, -0.79% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like OCBC Bank 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.