USD to JPY Exchange Rate Today
As of today, the mid-market exchange rate for the US Dollar to Japanese Yen is 1 USD = — JPY. This means one US dollar buys approximately — Japanese yen on the open currency market.
The table below shows common USD amounts converted to JPY at today's rate:
| USD Amount | JPY Value | Notes |
|---|---|---|
| Loading latest conversion data... | ||
About the US Dollar (USD) & Japanese Yen (JPY)
US Dollar (USD)
The US Dollar is the official currency of the United States and the world's leading reserve currency. It is the most widely used currency in international trade, finance, and central bank reserves.
Japanese Yen (JPY)
The Japanese Yen is the official currency of Japan and one of the most heavily traded currencies in the world. It is often considered a safe-haven currency during periods of global market uncertainty.
Historical trend
The USD to JPY exchange rate often responds to changes in interest-rate expectations, bond yields, and global risk sentiment. Because both currencies are major forex pairs, the market is highly liquid but can still show sharp medium-term swings.
What drives the pair
USD/JPY is influenced by Federal Reserve policy, Bank of Japan decisions, inflation trends, yield differentials, economic data, and investor appetite for risk or safe-haven assets.
Step-by-Step
How to Convert USD to JPY
USD to JPY conversion works by multiplying the US Dollar amount by the current USD to JPY exchange rate.
The Method
USD is the currency code for the US Dollar. JPY is the currency code for the Japanese Yen.
JPY = USD × Exchange Rate
To convert US Dollars into Japanese Yen, multiply the USD amount by the current USD to JPY rate shown in the calculator above.
How to Convert USD into JPY — Step by Step
1
Enter the USD amount
Type the number of US Dollars you want to convert, such as 100.
2
Use the current exchange rate
Multiply the USD amount by the latest available USD to JPY rate.
3
Read the result in JPY
The converter instantly displays the equivalent value in Japanese Yen (JPY).
USD to JPY Historical Exchange Rates
The table below shows yearly average USD/JPY reference rates calculated from available daily exchange-rate data. The most recent year is shown as year-to-date (YTD).
| Year | Avg. Rate (JPY per USD) | Annual Change |
|---|---|---|
| Loading historical rates... | ||
Historical averages are calculated from available daily reference rates.
USD/JPY is one of the most watched currency pairs and often reflects US Treasury yields, Federal Reserve and Bank of Japan policy expectations, and broader market risk sentiment.
Factors That Affect the USD/JPY Exchange Rate
Several economic forces influence the US dollar relative to the Japanese yen:
Federal Reserve and BOJ interest-rate policy
Monetary policy decisions by the Federal Reserve and the Bank of Japan shape rate differentials, which can move capital flows and strongly influence USD/JPY valuation.
Bond yield spreads
Changes in US Treasury yields relative to Japanese government bond yields often have a direct effect on dollar-yen movements. Wider yield spreads can support USD strength versus JPY.
Global risk sentiment
The Japanese yen is often seen as a safe-haven currency. During periods of market stress, JPY may strengthen, while stronger risk appetite can support the dollar.
US and Japan economic data
Growth, inflation, wages, manufacturing data, and labor-market releases from both economies all play a role in shifting currency expectations.
Trade and investment flows
Large institutional investment flows, hedging behavior, and trade balances between Japan and the United States can influence the direction and volatility of USD/JPY.
5 Tips for Getting the Best USD to JPY Rate
- 1 Use the mid-market rate as your benchmark. The mid-market rate shown in this converter is a useful baseline. Banks and transfer services usually add a margin on top.
- 2 Compare exchange providers. Providers can offer different rates and fees, and the difference becomes meaningful on larger conversions.
- 3 Check transfer fees separately. A provider may show a good FX rate but recover margin through service fees, card charges, or hidden spreads.
- 4 Watch central bank news. Federal Reserve and BOJ announcements can move the pair sharply, especially around policy meetings and market guidance.
- 5 Set alerts for larger conversions. Small exchange-rate improvements can make a noticeable difference on travel, imports, tuition, or business payments.
Frequently Asked Questions — USD to JPY
-
Fetching the latest USD to JPY rate...
-
The US Dollar is commonly written as $. Its ISO 4217 currency code is USD.
-
Exchange rates fluctuate because of shifting supply and demand in global forex markets. Key drivers for USD/JPY include interest-rate expectations, bond yields, inflation data, central bank policy, and overall investor risk sentiment.
-
Usually, yes on a one-to-one basis. 1 USD typically buys many JPY, which means the US dollar is stronger in nominal exchange-rate terms.
-
Enter the amount of US Dollars in the top field and the equivalent in Japanese Yen updates instantly. You can also use the quick buttons for common amounts.
-
Use our JPY to USD converter for the reverse direction.