The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘Get Rates’.
USD to JPY Market Data
US dollar (USD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD to JPY Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Japanese yen is to review how the USD/JPY rate has changed over time.
The table below shows the percentage change in the USD to JPY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
USD/JPY hits 14-day highs near 144.9 as strong US jobs data dents Fed rate cut bets. Analysts see $ strength continuing amid global uncertainties. MUFG forecasts 154.00 by Q1 2025, but recent Japan tariffs & oil volatility may alter outlook. #forex #USDJPY
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
The standard OFX USD-JPY rate is 142.3236, -2.1% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Japanese yen (JPY) rates from different sources before making a conversion.
The above
Dollar to Yen comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-JPY mid-rate and the possible savings of using various providers.
How do USD-JPY rates compare between providers?
Looking at the
full comparison table
the best USD to JPY exchange rate is 144.59 from OFX, -0.5% from the mid-market rate 145.32. The next best rate is 144.45 from XE, -0.6% from the mid-rate. Then Wise with 144.37 is -0.65% from the mid-rate.
The Western Union rate is 143.87 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 134.33 at -7.6% the Wells Fargo Bank rate is 133.46 at -8.2% and the Citibank rate is 140.14 at -3.6% compared to the mid-rate 145.32.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
The USD/JPY exchange rate has shown recent resilience, with the US dollar closing last week's session at 14-day highs near 144.9, just under its three-month average.