The comparison table above helps you see the total cost of your CIBC 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’.
USD to JPY Market Data
US dollar (USD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/JPY Outlook: The outlook is slightly weaker but likely to move sideways, as the rate is below its recent average and within the mid-range of its three-month movement.
EUR/JPY Outlook: Slightly positive, but likely to move sideways as the rate is just above the recent average and lacks a strong driver for significant movement.
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 * :
What is the
CIBC Send Money conversion rate for USD to JPY?
The CIBC USD to JPY exchange rate is 140.01. This is -8.7% compared to the latest USD-JPY mid-market rate 153.39.
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
CIBC - Dollar to Yen comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
CIBC and other foreign exchange providers against the latest USD-JPY mid-rate and the possible savings of using various providers.
How do CIBC 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 152.62, -0.5% from the latest mid-market rate 153.39.
The next best is XE at 152.47, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like CIBC 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.