About this pair
JPY/DASH: what to know
The JPY/DASH rate shows how much DASH you get for 1 JPY. Right now, 1 JPY buys 0.000208 DASH at the mid-market rate. In the other direction, 1 DASH is worth 4,813.80 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while DASH responds to crypto-market sentiment.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. “Dash” stands for “digital cash”; it focuses on fast, private payments.
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.