About the Japanse yen to Amerikaanse dollar exchange rate
The JPY/USD pair shows how many Amerikaanse dollar (USD) 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/USD is quoted as USD per one JPY. At 0,0063, 1 JPY equals 0,0063 USD and 1 USD equals 158,02 JPY. The inverse pair is USD/JPY.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Japanse yen and Amerikaanse dollar areas. Treasury teams, investors and travelers use JPY/USD to convert prices, hedge FX risk and compare returns.
How JPY/USD is quoted
In JPY/USD, JPY is the base currency and USD is the quote currency: the price is how many Amerikaanse dollar buy one Japanse yen. A rise in JPY/USD means Japanse yen strengthened against Amerikaanse dollar; a fall means Japanse yen weakened.
What drives the Japanse yen to Amerikaanse dollar rate
The JPY/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Japanse yen and Amerikaanse dollar economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.