Rate direction
US dollar to Japanese yen · USD/JPY trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
USD to JPY at 163.8 is 2.2% above its 3-month average of 160.3, having traded in a quite stable 4.8% range from 156.4 to 163.9
Quick USD/JPY forecast
Currency Forecasts related to USD/JPY
USD to JPY Exchange Rate Forecast & Outlook
Currently, USD/JPY is trading close to the 90-day average at 163.8, above its recent 3-month range. The dominant driver remains risk sentiment, with safe-haven flows supported by geopolitical tensions and intervention risks.
USD to JPY Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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.
What is the
best Send Money conversion rate for USD to JPY?
The best USD to JPY exchange rate is 162.93 from OFX . This is -0.5% compared to the mid-market rate 163.75.
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 Dollar to Yen 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 USD-JPY mid-rate and the possible savings of using various providers.
How do USD-JPY rates compare between 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 162.93, -0.5% from the latest mid-market rate 163.75.
The next best is XE at 162.77, -0.6% from the mid-rate.
Then Wise at 161.83, which is -1.2% from the mid-rate.
The Western Union rate is 161.29 which is -1.5% from the mid-rate.
Among the banks the Chase Bank rate is 137.41 at -16.1% the Wells Fargo Bank rate is 136.92 at -16.4% and the Citibank rate is 144.45 at -11.8% compared to the mid-rate 163.75.
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.