Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank 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’.
US dollar (USD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/JPY Outlook: Bearish, as the exchange rate is below its recent average and near recent lows, influenced by multiple factors.
USD/EUR Outlook: Bearish, as the USD is significantly below its recent average and near its recent lows, driven by ongoing uncertainties in US fiscal and monetary policies.
EUR/JPY Outlook: Slightly positive and likely to move sideways, as the rate is above its recent average and trading within a stable range.
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-JPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best USD to JPY exchange rate is 152.38 from OFX . This is -0.5% compared to the mid-market rate 153.15.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Japanese yen (JPY) rates from different sources before making a conversion.
The above Scotiabank - Dollar to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Scotiabank and other foreign exchange providers against the latest USD-JPY mid-rate and the possible savings of using various providers.
Looking at the full USD to JPY - Send Money comparison table the provider with the best USD to JPY exchange rate is OFX at 152.38, -0.5% from the latest mid-market rate 153.15.
The next best is XE at 152.23, -0.6% from the mid-rate.
Then Western Union at 151.62, which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 138.48 at -9.6% the Wells Fargo Bank rate is 137.57 at -10.2% and the Citibank rate is 144.61 at -5.6% compared to the mid-rate 153.15.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Scotiabank 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.
View a full list of exchange rates by selecting your Base (from) currency:
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