AUD/JPY: what to know
The AUD/JPY rate shows how much JPY you get for 1 AUD. Right now, 1 AUD buys 112.5914 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.008882 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while JPY responds to Bank of Japan policy and global risk appetite.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Over the past 12 months the AUD/JPY rate has ranged between 96.8646 and 114.7217 — a change of +15.70% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.