About this pair
JPY/BRL: what to know
The JPY/BRL rate shows how much BRL you get for 1 JPY. Right now, 1 JPY buys 0.0319 BRL at the mid-market rate. In the other direction, 1 BRL is worth 31.3371 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while BRL responds to commodity prices and central-bank policy.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”.
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.