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Japanese Yen to US Dollar (JPY/USD) Exchange Rate Today

Popular pair

How many yen does a dollar buy right now - and is it a better deal than last month?

Swap the currencies: USD to JPY →

Mid-market rate - no bank markup 200+ currencies Free

JPY to USD Conversion Table

Common amounts converted from Japanese Yen to US Dollar at today's rate.

Japanese Yen (JPY)US Dollar (USD)
1 JPY
5 JPY
10 JPY
25 JPY
50 JPY
100 JPY
250 JPY
500 JPY
1,000 JPY
5,000 JPY
10,000 JPY
50,000 JPY

Rates update live when available. About our data sources.

How much US Dollar will you actually receive?

Estimated cost to convert JPY 1,000 to USD with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.

ServiceRateFeeTotal CostUSD received
Mid-market rate - -
Wise Visit source Mar 2026
Revolut Visit source Mar 2026
Remitly Visit source Mar 2026
OFX Visit source Mar 2026
XE Visit source Mar 2026
Typical bank Mar 2026
Bureau de change Mar 2026

Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.

Why people convert Japanese Yen to US Dollar

JPY/USD is one of the most traded currency pairs in the world. People convert between Japanese Yen and US Dollar for international trade, cross-border investment, tourism, and hedging. Because of its deep liquidity, spreads are tight and most providers offer competitive rates on this pair.

JPY/USD rate statistics

30-Day Low
30-Day High
Average
Volatility

Is today's JPY/USD rate good or bad?

We compare today's live Japanese Yen to US Dollar mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, JPY holders get more US Dollar per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.

The yen has been notably weak since 2022 due to the wide interest rate gap between the US and Japan. Bank of Japan policy shifts can cause sharp reversals - traders watch BOJ meetings and intervention signals closely. USD/JPY often sees its biggest moves during Asian trading hours.

The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.

The forex market trades 24 hours on weekdays. See all market hours.

What is the JPY/USD exchange rate?

The JPY/USD rate tracks how many US Dollar one Japanese Yen buys. This pair reflects the wide interest rate gap between the US and Japan - a gap that has made it one of the most actively traded pairs for carry trade strategies.

JPY is issued by the Bank of Japan (BOJ) (ranked 3rd globally - meaning it's the 3rd most bought and sold currency in the world). USD is issued by the Federal Reserve (ranked 1st). Full JPY profile | Full USD profile

What drives this rate? The interest rate gap between the US and Japan. Japan has held rates near zero for decades, so this pair is especially sensitive to Fed decisions. Bank of Japan intervention signals can cause sharp moves.

Is today's JPY/USD rate good or bad?

The Japanese Yen to US Dollar mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.

On a typical conversion, banks add 1-2% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. JPY/USD is one of the most liquid pairs in forex, so bank spreads are relatively tight. Even so, that margin adds up on larger amounts.

Converting Japanese Yen to US Dollar? Read this first

Converting to Yen? Japan remains largely cash-based for everyday transactions. Budget for more cash than you would in Europe or the US. 7-Eleven ATMs accept most foreign cards. Bureau de change in Japan are surprisingly competitive compared to other countries.

Watch out: JPY/USD is highly liquid, so spreads should be tight. If your provider is adding more than 1% to the mid-market rate shown above, you can likely do better elsewhere.

For more on how provider fees work, see our exchange rate FAQ.

Did you know?

Frequently asked questions

Is now a good time to convert JPY to USD?

Check the rate context panel above - it shows where today's JPY/USD rate sits relative to its 30-day and 52-week range. If the rate is near the top of its range, JPY holders are getting more US Dollar per unit than usual. If it is near the bottom, you may benefit from waiting or splitting your conversion across several days. There is no way to reliably predict currency movements, but understanding where the rate sits in its recent range helps you make a more informed decision.

What moves the JPY/USD exchange rate?

The interest rate gap between the US and Japan. Japan has held rates near zero for decades, so this pair is especially sensitive to Fed decisions. Bank of Japan intervention signals can cause sharp moves.

Why is the yen so weak?

The yen's weakness against USD in recent years is primarily driven by the wide interest rate gap between the US (where rates have risen sharply) and Japan (where rates remained near zero for decades). The Bank of Japan has been slower to raise rates than other central banks. Check the rate narrative above to see where USD/JPY stands today relative to recent history.

See our exchange rate FAQ for general questions about how rates work, mid-market pricing, and using rates for taxes.

Learn more

Mid-market rate from our data providers, updated -. We pull rates from multiple institutional-grade sources with automatic failover, so you always see a number even if one source is down. Full details on our methodology page.

How this rate is calculated

We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.

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Last reviewed: March 6, 2026 | Maintained by: ExchangeRates.com Editorial