UAH/JPY: what to know
The UAH/JPY rate shows how much JPY you get for 1 UAH. Right now, 1 UAH buys 3.5966 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.2780 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while JPY responds to Bank of Japan policy and global risk appetite.
The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
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.