About the Dolar Amerika Serikat to Yen Jepang exchange rate
The USD/JPY pair shows how many Yen Jepang (JPY) one Dolar Amerika Serikat (USD) 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.
USD/JPY is quoted as JPY per one USD. At 157,84, 1 USD equals 157,84 JPY and 1 JPY equals 0,0063 USD. The inverse pair is JPY/USD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Dolar Amerika Serikat and Yen Jepang areas. Treasury teams, investors and travelers use USD/JPY to convert prices, hedge FX risk and compare returns.
How USD/JPY is quoted
In USD/JPY, USD is the base currency and JPY is the quote currency: the price is how many Yen Jepang buy one Dolar Amerika Serikat. A rise in USD/JPY means Dolar Amerika Serikat strengthened against Yen Jepang; a fall means Dolar Amerika Serikat weakened.
What drives the Dolar Amerika Serikat to Yen Jepang rate
The USD/JPY rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Dolar Amerika Serikat and Yen Jepang economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.