Yen to Us Dollar Exchange Rate Insights and Data

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The yen to US dollar exchange rate can be a bit tricky to navigate, but understanding the basics can help you make informed decisions. The average annual exchange rate for the yen to US dollar has been around 110-120 yen per dollar over the past few years.

Historically, the yen to US dollar exchange rate has been influenced by Japan's economic policies and global market trends. The Bank of Japan's monetary policy decisions have a significant impact on the exchange rate.

In recent years, the yen to US dollar exchange rate has been affected by the COVID-19 pandemic, with the yen experiencing a significant depreciation against the US dollar in 2020. This was largely due to the pandemic's impact on Japan's economy and the subsequent monetary policy responses.

Conversion

As you navigate the world of currency exchange, it's essential to have a reliable conversion tool at your fingertips. You can invert the currencies, swapping Japanese Yen (JPY) for US Dollar (USD) or vice versa.

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The latest currency exchange rates show that 1 Japanese Yen is equivalent to 0.0063 US Dollar as of January 13th, 2025, at 21:09.

If you're planning a trip to Japan, it's helpful to know the conversion rates for everyday purchases. For example, 1,000 JPY is equivalent to 6.3627 USD.

To give you a better idea of the conversion rates, here's a handy table:

Over the past 30 days, the JPY to USD exchange rate has fluctuated between a high of 0.006668 and a low of 0.006334, with an average rate of 0.006458.

Exchange Rate Analysis

Over the past 30 days, the JPY to USD exchange rate has been quite volatile, dropping by -4.11% from its high of $0.006668 to a low of $0.006334.

The average exchange rate over this period was $0.006458, which might give you an idea of what to expect if you're exchanging yen for dollars.

In the last 90 days, the exchange rate has been even more volatile, with a total change of -5.79%. This is a significant drop, and it's worth keeping an eye on if you have investments or plans to travel to the US.

The high and low rates over the last 90 days were $0.006752 and $0.006334, respectively, with an average rate of $0.006535.

Here's a summary of the exchange rate trends over the past 30 and 90 days:

Exchange Rate Information

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The JPY to USD exchange rate has fluctuated over the past 30 days, reaching a high of $0.006668 and a low of $0.006334.

The average rate over this period was $0.006458.

The overall change in the exchange rate over the past 30 days was -4.11%.

This means that the value of the yen has decreased against the US dollar over the past month.

Here's a breakdown of the exchange rate over the past 30 and 90 days:

The exchange rate has also been relatively stable over the past 90 days, with a total change of -5.79%.

Conversion Tips

You can easily convert Japanese Yen to US Dollars using a currency converter or calculator. This way, you can avoid math headaches like the person in Example 1 who hated math and was thrilled to know they were spending $8.43 at the 1000 Yen Shop in Japan.

If you're planning a trip to Japan, it's a good idea to know how much you can get with a certain amount of yen. For example, 2,000 yen can get you a decent amount, but the exact amount depends on the current exchange rate.

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To get a rough idea, you can refer to the conversion rates listed in Example 2, which shows the equivalent value of Japanese Yen in US Dollars. For instance, 1,000 JPY is equivalent to $6.3627 USD, and 5,000 JPY is equivalent to $31.814 USD.

Remember, the exchange rate is constantly changing, so it's always a good idea to check the current rate before making any purchases.

How to Convert?

To convert Japanese Yen to US Dollars, you can use a currency calculator or a website that provides exchange rates. For example, Coinmill is a website that can help you with conversions.

You can also use a calculator to quickly convert yen to dollars. As one user mentioned, they were able to calculate that 1,000 yen is equivalent to $8.43, which is a pretty cool thing to know when shopping in Japan.

To give you a better idea of the conversion rates, here's a list of some common amounts of yen and their equivalent values in US dollars:

This table shows you the exchange rates for some common amounts of yen. Keep in mind that exchange rates can fluctuate, so it's always a good idea to check the current rate before making any conversions.

When to Convert?

A close-up shot of two people exchanging currency in an outdoor market setting.
Credit: pexels.com, A close-up shot of two people exchanging currency in an outdoor market setting.

The best time to convert JPY to USD is between 3-4 PM GMT, when currency market liquidity and trading volume tend to be the highest.

If you need USD urgently, it's a good idea to convert Japanese Yen early in the week to avoid a delayed settlement until the following week.

Forex markets are closed on weekends, so executing a trade late in the week might result in a delayed settlement until the following week.

You can trade JPY and USD 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

Frequently Asked Questions

How much is $1 yen in US Dollars?

As of 31/12/2024, 1 Japanese Yen is equivalent to approximately $0.0064 in US Dollars. Check the live currency converter for the most up-to-date exchange rate.

What is the cheapest way to convert yen to USD?

Exchanging currency at your bank or credit union is often the cheapest option, with minimal fees for larger transactions

Why is JPY falling against USD?

The Japanese yen (JPY) tends to weaken against the US dollar (USD) when US interest rates rise, making it cheaper for investors to borrow yen and buy higher-yielding dollars. This is because higher interest rates increase the value of a country's currency, in this case, the USD.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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