Japanese Yen to US Dollar (JPY/USD) Exchange Rate Today
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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 | — |
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.
| Service | Rate | Fee | Total Cost | USD received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| 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
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.
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.
Did you know?
- Japan's 500-yen coin is one of the highest-value coins in regular worldwide circulation, worth about $3.30.
- About 80% of all US $100 bills are held overseas, primarily in countries with unstable local currencies.
Frequently asked questions
Is now a good time to convert JPY to USD?
Whether to convert depends on your personal circumstances and timeline rather than market timing. Check the rate panel above to see the current JPY/USD rate, then compare it to historical levels using the chart to understand where this pair trades relative to recent months.
Consider your own currency needs, upcoming expenses, and whether you can afford to hold yen if rates move differently than expected. Market moves in JPY/USD reflect shifts in Federal Reserve and Bank of Japan policy, economic growth differentials, and capital flows - factors that change frequently.
What moves the JPY/USD exchange rate?
JPY/USD responds to interest rate decisions from the Federal Reserve and Bank of Japan, since higher rates in the US attract dollar investment while low rates in Japan weaken yen demand. Economic data matters too: US employment reports, inflation figures, and GDP growth change Fed expectations, while Japanese manufacturing output and inflation influence Bank of Japan policy.
Risk sentiment shifts also affect this pair - in market stress, investors often move money into yen as a safe asset, strengthening it despite Japan's low rates. Capital flows, trade balances between the two countries, and geopolitical developments round out the major drivers.
Will Japanese Yen get stronger or weaker against US Dollar?
We cannot predict where JPY/USD will move. The pair's direction depends on factors that change constantly: Federal Reserve rate decisions, Bank of Japan policy shifts, US economic data releases, Japanese inflation trends, and global market sentiment.
Review the comparison table on this page to see how JPY/USD has moved over different timeframes, and monitor economic calendars for upcoming announcements from both central banks. Your decision should rest on your own currency needs and risk tolerance, not on forecasts.
How can I avoid fees when converting JPY to USD?
Fees depend on where and how you convert, not on our rate information. Banks, money transfer services, and online currency platforms charge different amounts - some take a percentage, others a flat fee, and some hide costs in their exchange rates.
Compare total costs across providers by asking about their all-in rates (including any hidden markups) rather than relying on advertised mid-market rates. For large conversions, negotiating with your bank or using specialist money transfer firms sometimes yields better terms than standard retail options.
Should I exchange US Dollar at home or abroad?
Exchange rates are global and move the same whether you convert at home or in the US - check the rate panel to see the current JPY/USD rate. The real difference lies in fees and markups charged by individual providers in each location.
Exchanging before you travel sometimes offers better rates than airport kiosks or tourist-heavy exchange shops, though online platforms and banks vary widely. Compare fees and the all-in cost across multiple providers in both places before deciding.
How far does Japanese Yen go in the United States?
Yen purchasing power in the US depends on the JPY/USD rate shown in the rate panel above, plus local US prices for goods and services. One unit of yen buys a tiny fraction of a US dollar given the historical exchange rate dynamics, so you would need a large yen amount to cover even modest US expenses.
The actual purchasing power question is better answered by researching specific costs in your US destination (meals, hotels, transport) and then converting those dollar amounts to yen at the current rate. Consider that major US cities tend to be expensive compared to rural areas.
What is the cheapest way to send JPY to USD?
Cost depends on the provider you choose and the amount you send, not on market exchange rates alone. Banks, remittance services like TransferWise (now Wise), PayPal, and other platforms charge different combinations of fees and apply different markups to the JPY/USD rate.
For larger transfers, specialist money services often beat bank rates, while smaller amounts might be cheaper through online payment apps. Always ask each provider for their total cost including all fees and their applied exchange rate, then compare the final dollar amount you'd receive.
Why is JPY weakening?
Japanese yen weakness typically reflects the interest rate gap between US and Japanese monetary policy: the Federal Reserve has held rates higher than the Bank of Japan, making dollar investments more attractive and reducing demand for yen. Additionally, Japan's persistently low inflation gives the central bank less reason to raise rates quickly, while strong US economic data supports the Fed's higher rate stance.
Capital flows to the US in search of better returns, combined with carry trade activity where investors borrow cheap yen to invest elsewhere, also pressure the currency lower. Check the chart above to see how JPY/USD has moved alongside these policy divergences.
Is $50,000 yen enough for 1 week in Japan?
Whether 50,000 yen covers a week in Japan depends on your spending style and where you visit, not on the JPY/USD rate shown above. Budget travelers using public transport, eating at casual restaurants, and staying in hostels can manage on modest daily amounts, while mid-range travelers need more, and luxury travel requires substantially higher spending.
Research current prices for accommodation, meals, and activities in your specific destinations (Tokyo and Kyoto vary widely, for instance), then divide your total by 50,000 to see if it's enough. Your answer will depend on these local costs rather than on exchange rates.
Why does Trump want a weaker US dollar?
A weaker dollar makes US exports cheaper for foreign buyers, which can boost American manufacturers' competitiveness and potentially support employment in export-dependent industries. Conversely, a stronger dollar raises import prices for US consumers and businesses, which some view as a drag on the economy.
The relationship between currency strength and economic outcomes is complex, and economists disagree about whether weaker currencies reliably help growth - trade policy, productivity, and labor costs matter just as much. Currency intervention to weaken the dollar is difficult and carries risks like inflation and international trade tensions.
Are American dollars worth a lot in Japan?
A US dollar's purchasing power in Japan depends on both the JPY/USD exchange rate (shown in the rate panel) and local Japanese prices for goods and services. The dollar trades at a certain yen equivalent, which fluctuates based on interest rates, inflation, and capital flows between the two countries.
To gauge real purchasing power, compare dollar prices in the US to what the equivalent yen amount buys in Japan, accounting for the current exchange rate and Japan's cost of living. Major Japanese cities like Tokyo can be expensive, though costs vary by neighborhood and type of purchase.
Can the dollar strengthen again?
USD strength depends on factors that shift over time: Federal Reserve policy, US economic data, inflation trends, and global risk appetite all play roles in moving JPY/USD. If the Fed maintains higher interest rates relative to the Bank of Japan, or if US economic growth remains strong while Japan's slows, the dollar could firm.
Conversely, if Fed rate expectations fall or US inflation drops significantly, the dollar could weaken - and safe-haven demand for yen during market stress can also move this pair sharply. Review the chart above to see historical patterns, and monitor central bank communications and economic releases for clues about future direction.
Learn more
- Bank of Japan - Daily FX Rates - Official BOJ exchange rate data
- FRED - USD/JPY Daily Rate - Historical yen rate data from the Fed
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.