About this pair
DASH/JPY: what to know
The DASH/JPY rate shows how much JPY you get for 1 DASH. Right now, 1 DASH buys 8,387.85 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.000119220 DASH.
In the short term DASH is driven mainly by crypto-market sentiment, while JPY responds to Bank of Japan policy and global risk appetite.
“Dash” stands for “digital cash”; it focuses on fast, private payments. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.