About this pair
JPY/AED: what to know
The JPY/AED rate shows how much AED you get for 1 JPY. Right now, 1 JPY buys 0.0239 AED at the mid-market rate. In the other direction, 1 AED is worth 41.7981 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while AED responds to its peg to the US dollar.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar.
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.