About the Japanse yen to Euro exchange rate
The JPY/EUR pair shows how many Euro (EUR) one Japanse yen (JPY) 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.
JPY/EUR is quoted as EUR per one JPY. At 0,0056, 1 JPY equals 0,0056 EUR and 1 EUR equals 178,17 JPY. The inverse pair is EUR/JPY.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Japanse yen and Euro areas. Treasury teams, investors and travelers use JPY/EUR to convert prices, hedge FX risk and compare returns.
How JPY/EUR is quoted
In JPY/EUR, JPY is the base currency and EUR is the quote currency: the price is how many Euro buy one Japanse yen. A rise in JPY/EUR means Japanse yen strengthened against Euro; a fall means Japanse yen weakened.
What drives the Japanse yen to Euro rate
The JPY/EUR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Japanse yen and Euro economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.