Why is the Japanese Yen considered a safe-haven asset?

Japan's large net foreign assets, steady trade surpluses, and historically low-interest rates make the Yen attractive during global economic uncertainty.

Who controls JPY currency supply?

The Bank of Japan (BOJ) controls the supply and issues JPY banknotes.

How accurate are the exchange rates listed?

All rates listed are reference mid-market rates based on static data matrices. These represent clean interbank values and should be used for informational purposes only.

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Japanese Yen

ISO Code: JPY

The Japanese Yen (JPY) is the official currency of Japan. It is the third-most traded currency in the foreign exchange market and is widely used as a reserve currency. The Bank of Japan (BOJ) implements monetary policy, which has historically focused on low-interest rates to stimulate economic growth.

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Countries Utilizing the Japanese Yen

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Japan

Tokyo

Live Rates & Stats

Rate vs USD

1 USD = 161.6078 JPY

1 JPY = 0.0062 USD

Average Global Value

The Japanese Yen (JPY) currently traded at reference interbank rates. Convert sizes using the calculator link.

Frequently Asked Questions

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