US Dollar to Japanese Yen (USD/JPY) Exchange Rate Today
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USD to JPY Conversion Table
Common amounts converted from US Dollar to Japanese Yen at today's rate.
| US Dollar (USD) | Japanese Yen (JPY) |
|---|---|
| 1 USD | — |
| 5 USD | — |
| 10 USD | — |
| 25 USD | — |
| 50 USD | — |
| 100 USD | — |
| 250 USD | — |
| 500 USD | — |
| 1,000 USD | — |
| 5,000 USD | — |
| 10,000 USD | — |
| 50,000 USD | — |
How much Japanese Yen will you actually receive?
Estimated cost to convert USD 1,000 to JPY 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 | JPY 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 US Dollar to Japanese Yen
USD/JPY is one of the most traded currency pairs in the world. People convert between US Dollar and Japanese Yen 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.
USD/JPY rate statistics
Is today's USD/JPY rate good or bad?
We compare today's live US Dollar to Japanese Yen mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, USD holders get more Japanese Yen 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 USD/JPY exchange rate?
The USD/JPY rate tracks how many Japanese Yen one US Dollar 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.
USD is issued by the Federal Reserve (ranked 1st globally - meaning it's the 1st most bought and sold currency in the world). JPY is issued by the Bank of Japan (BOJ) (ranked 3rd). Full USD profile | Full JPY 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 USD/JPY rate good or bad?
The US Dollar to Japanese Yen 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. USD/JPY 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 US Dollar to Japanese Yen? 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: USD/JPY 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?
- The US $100 bill is the most counterfeited denomination globally - the Secret Service estimates about 0.01% of all hundreds in circulation are fake.
- Despite being a major global currency, physical cash still accounts for about 20% of transactions in Japan - far higher than most developed nations.
Frequently asked questions
Is now a good time to convert USD to JPY?
Check the rate context panel above - it shows where today's USD/JPY rate sits relative to its 30-day and 52-week range. If the rate is near the top of its range, USD holders are getting more Japanese Yen 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 USD/JPY 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.
Is it better to use a card or withdraw cash for Japanese Yen?
For most travelers, a card with no foreign transaction fee is the simplest and cheapest option - provided you always choose to pay in Japanese Yen (the local currency) rather than US Dollar. Choosing your home currency triggers Dynamic Currency Conversion (DCC), which typically adds 3-5% on top. If you need cash, withdraw from ATMs in-country rather than exchanging at airports.
Is the Japanese Yen a safe-haven currency?
Historically, yes. The Yen tends to strengthen during market selloffs because Japanese investors hold large foreign assets and often repatriate funds during crises. Japan's current account surplus and deep, liquid bond market reinforce this safe-haven status. This means USD/JPY may drop sharply during periods of global market stress.
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.
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.