JPY/USD: what to know
The JPY/USD rate shows how much USD you get for 1 JPY. Right now, 1 JPY buys 0.00632351 USD at the mid-market rate. In the other direction, 1 USD is worth 158.1400 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while USD responds to Fed policy, US growth and global risk appetite.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Available archived JPY/USD observations within the last 365 days range from 0.00610247 to 0.00663306, with a -4.46% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.