About the British Pound to Japanese Yen exchange rate
The GBP/JPY pair shows how many Japanese Yen (JPY) one British Pound (GBP) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
GBP/JPY is quoted as JPY per one GBP. At 208.61, 1 GBP equals 208.61 JPY and 1 JPY equals 0.0048 GBP. The inverse pair is JPY/GBP.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the British Pound and Japanese Yen areas. Treasury teams, investors and travelers use GBP/JPY to convert prices, hedge FX risk and compare returns.
How GBP/JPY is quoted
In GBP/JPY, GBP is the base currency and JPY is the quote currency: the price is how many Japanese Yen buy one British Pound. A rise in GBP/JPY means British Pound strengthened against Japanese Yen; a fall means British Pound weakened.
What drives the British Pound to Japanese Yen rate
The GBP/JPY rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the British Pound and Japanese Yen economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.