Japanese Yen

Japanese Yen

The yen (Japanese: 円, Hepburn: en, symbol: ¥; code: JPY; also abbreviated as JP¥) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro, and the pound sterling. The concept of the yen was a component of the Meiji government's modernization program of Japan's economy; which postulated the pursuit of a uniform currency throughout the country modeled after the European decimal currency system. Before the Meiji Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations. The New Currency Act of 1871 did away with these and established the yen, which was defined as 1.5 g (0.048 troy ounces) of gold, or 24.26 g (0.780 troy ounces) of silver, as the new decimal currency. The former han (fiefs) became prefectures and their mints private chartered banks, which initially retained the right to print money. To bring an end to this situation the Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply.Following World War II the yen lost much of its prewar value. To stabilize the Japanese economy the exchange rate of the yen was fixed at ¥360 per $1 as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per $1 in 1973, then underwent periods of depreciation and appreciation due to the 1973 oil crisis, arriving at a value of ¥227 per $1 by 1980. Since 1973, the Japanese government has maintained a policy of currency intervention, and the yen is therefore under a "dirty float" regime. This intervention continues to this day. The Japanese government focuses on a competitive export market, and tries to ensure a low yen value through a trade surplus. The Plaza Accord of 1985 temporarily changed this situation from its average of ¥239 per US$1 in 1985 to ¥128 in 1988 and led to a peak value of ¥80 against the U.S. dollar in 1995, effectively increasing the value of Japan’s GDP to almost that of the United States. Since that time, however, the yen has greatly decreased in value. The Bank of Japan maintains a policy of zero to near-zero interest rates and the Japanese government has an extreme anti-inflation policy.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

1 Japanese Yen to US Dollar Exchange rates Chart

1 Japanese Yen to US Dollar
1 JPY to USD exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 Japanese Yen to US Dollar Exchange rates FAQs

What is 1 JPY to USD?

The meaning of 1 JPY to USD is to exchange 1 Japanese Yen to US Dollar by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. We are offering inter-market exchange rates to convert 1 JPY to USD in the chart below.

Who can convert 1 JPY to USD?

Anyone with 1 Japanese Yen can find a local bank or a bureau de change to convert into US Dollar . However, if neither JPY nor USD is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why we are offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 1 JPY to USD?

Due to the nature of the forex market, the exchange rates for 1 JPY to USD is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 1 JPY to USD?

Most likely you are traveling and want to get some US Dollar cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 1 Japanese Yen to US Dollar. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to exchange 1 JPY to USD?

Usually you can find a local bank, post office or bureau de change to exchange 1 JPY to USD. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why we are doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of US Dollar you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to convert 1 JPY to USD?

Use the tool we provided here to find the best exchange rates for 1 JPY to USD. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 1 Japanese Yen in hand then exchange the cash you want in store or online. It's just that simple with no fees or commissions from us!

1 Japanese Yen to US Dollar Exchange rates Table

Exchange JPY to USD
1 Japanese Yen = 0.009 US Dollar
2 Japanese Yen = 0.019 US Dollar
5 Japanese Yen = 0.047 US Dollar
10 Japanese Yen = 0.093 US Dollar
Exchange Japanese Yen to US Dollar
1 JPY to USD cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 JPY to USD at A&S Foreign Exchange Inc

1 JPY to USD at A&S Foreign Exchange Inc
1 Japanese Yen = 114.000 US Dollar
A&S Foreign Exchange Inc
A&S Foreign Exchange Inc

About Us Best rate, for any of our services We have been in the business of Foreign Currency Exchange for more than 25 years. Our solid commitment of keeping the best rate around has helped us create the best asset any business aspires to have: our customer's loyalty. Stop by, try any of our services, and rest assure, you'll leave with the satisfaction of having made good business in the capital of the world. Currency Exchange Buying of travelers' checks Our Services We are lucky to service...

A&S Foreign Exchange Inc in New York City

357 7th Ave. (Between 29th & 30th St.) New York, NY 10001 (646) 473-1222 Office Hours Monday-Friday: 9:30am - 7pm Saturday: 11am - 6pm Sunday: Closed

1 JPY to USD at LA Currency

1 JPY to USD at LA Currency
1 Japanese Yen = 0.009 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not charge fees for foreign currency exchange transactions. The foreign currency exchange rates found on our website are modified to reflect the precise value of each currency in real-time. By visiting our website, you may find out how much USD you will get for your foreign currency or how much USD you will need to purchase a particular foreign currency. Please make sure to refresh the browser frequently as real-time foreign exchange rates constantly...

LA Currency in Beverly Hills

BEVERLY HILLS 340 N Camden Dr Ste A, Beverly Hills, CA 90210 Tel: 310.859.8888 Mon to Fri: 9:00 am - 6:00 pm Sat: 10:00 am - 4:00 pm Sun: Closed Free public parking (provided by the City of Beverly Hills) & paid metered parking available at this location.

LA Currency in Los Angeles

DOWNTOWN LOS ANGELES 406 W 6th Street Unit A, Los Angeles, CA 90014 Tel: 213.228.0000 Mon to Fri: 9:00 am - 5:30 pm Sat: 10:00 am - 4:00 pm Sun: Closed Paid public parking is available at this location. HOLLYWOOD 7095 Hollywood Blvd #204, Los Angeles, CA 90028 Tel: 323.878.0555 Mon to Fri: 9:00 am - 6:00 pm Sat: 10:00 am - 5:00 pm Sun: 10:00 am - 3:00 pm Free outdoor parking available at this location. VAN NUYS 6582 Van Nuys Blvd, Van Nuys, CA 91401 Tel: 818.785.0999 818.780.2274 Mon to Fri:...

LA Currency in Glendale

GLENDALE 506 W Broadway, Glendale, CA 91204 Tel: 818.551.9555 818.553.3888 Mon to Fri: 9:00 am - 6:00 pm Sat: 10:00 am - 4:00 pm Sun: 10:00 am - 3:00 pm Free outdoor parking available at this location.

1 JPY to USD at Tourex

1 JPY to USD at Tourex
1 Japanese Yen = 0.009 US Dollar
Tourex
Tourex

Name NEXUS Co.,Ltd. Estblished 11/11 ’13 Addoress Tokyo prefecture, Chiyoda ward, Uchisaiwaicho, Teikoku Hotel Tower 15 th Floor CEO Shoji Yusunoki 事業内容 広告代理業務・インターネットによる広告・マーケテ ィング業務及び販売促進に関する企画。 インバウンド及びアウトバウンド事業。外貨の販売・ 買取業務。決済事業。

Tourex in Shinjuku

東京新宿店 新宿丁目交差点(新宿ISETAN隣り) 電話番号:03-6457-7089 営業時間:AM10:00PM7:00年中無休 FACEBOOK Instagram 詳細を見る

Tourex in Osaka

大阪宗右衛門町店 大阪市中央区宗右衛門町1-13クリスタルヒル1階 電話番号:06-6643-8550 営業時間:AM10:00~PM7:00年中無休 FACEBOOK Instagram 詳細を見る 大阪新世界店 大阪新世界横丁入り口 電話番号:06-6643-8550 営業時間:AM10:30〜PM6:30年中無休 FACEBOOK Instagram 詳細を見る 大阪アメ村三角公園前店 大阪府大阪市中央区西心斎橋2-18-6 営業時間:AM10:30〜PM6:30 FACEBOOK Instagram 詳細を見る 大阪道頓堀店 大阪府大阪市中央区心斎橋筋2-3-19 ヨシモトビル1F 電話番号:06-6643-8550 営業時間:AM10:30〜PM6:30 FACEBOOK Instagram 詳細を見る

1 JPY to USD at World Currency Shop

1 JPY to USD at World Currency Shop
1 Japanese Yen = 0.009 US Dollar
World Currency Shop
World Currency Shop

World Currency Shop is operated by a subsidiary of MUFG Bank, Ltd.

World Currency Shop in Chiba

shop Chiba Sogo Phone 043(203)5370 address 1000 Shinmachi, Chuo-ku, Chiba City, Chiba location B1F Sogo Chiba Dept. Store Business Hours 10:00-19:30 Shop Closed Holidays of "Sogo Chiba" WCS(World Currency Shop) is one of the largest Money Exchange network in Japan, operated by a subsidiary of MUFG Bank,LTD. Our shops can be found in various location such as Tokyo,Yokohama,Nagoya,Osaka,Kyoto and Fukuoka. We keep 21 foreign currency in stock all the time. For your added convenience,visit...

World Currency Shop in Chiyoda

shop Mitsubishi UFJ Trust and Banking Honten Phone 03(5219)5181 address 1-4-5 Marunouchi, Chiyoda-ku, Tokyo location 1F Mitsubishi UFJ Trust and Banking, Head Office Business Hours Mon-Fri 10:00-18:00 Shop Closed Sat/Sun/Nat'lHolidays WCS(World Currency Shop) is one of the largest Money Exchange network in Japan, operated by a subsidiary of MUFG Bank,LTD. Our shops can be found in various location such as Tokyo,Yokohama,Nagoya,Osaka,Kyoto and Fukuoka. We keep 21 foreign currency in stock all...

World Currency Shop in Fukuoka

shop Fukuoka Phone 092(739)1620 address 1-12-7 Tenjin, Chuo-ku, Fukuoka City, Fukuoka location 1F MUFG Bank, Fukuoka Branch, Exit11 of Tenjin Sta. Business Hours Mon-Fri 10:00-18:00 Shop Closed Sat/Sun/Nat'lHolidays WCS(World Currency Shop) is one of the largest Money Exchange network in Japan, operated by a subsidiary of MUFG Bank,LTD. Our shops can be found in various location such as Tokyo,Yokohama,Nagoya,Osaka,Kyoto and Fukuoka. We keep 21 foreign currency in stock all the time. For your...

World Currency Shop in Funabashi

shop Funabashi Phone 047(460)5012 address 7-1-1 Honcho, Funabashi City, Chiba location 2F Tobu Dept. Store Business Hours Mon-Fri 10:00-18:00 Shop Closed Sat/Sun/Nat'lHolidays WCS(World Currency Shop) is one of the largest Money Exchange network in Japan, operated by a subsidiary of MUFG Bank,LTD. Our shops can be found in various location such as Tokyo,Yokohama,Nagoya,Osaka,Kyoto and Fukuoka. We keep 21 foreign currency in stock all the time. For your added convenience,visit...

World Currency Shop in Hiroshima

shop Hiroshima Phone 082(545)5223 address 7-19 Hondori, Naka-ku, Hiroshima City, Hiroshima location 4F MUFG Bank, Hiroshima Branch Business Hours Mon-Fri 10:00-16:30 Shop Closed Sat/Sun/Nat'lHolidays WCS(World Currency Shop) is one of the largest Money Exchange network in Japan, operated by a subsidiary of MUFG Bank,LTD. Our shops can be found in various location such as Tokyo,Yokohama,Nagoya,Osaka,Kyoto and Fukuoka. We keep 21 foreign currency in stock all the time. For your added...

1 Japanese Yen to US Dollar Exchange rates Tweets

1 JPY to USD added 1 tweet
2020-07-12 03:00:00 UTC
AUD/JPY | $AUDJPY | $AUD $JPY AUDJPY sell confirmed Long or short it with BTC on Trade8: https://t.co/WBaraQ7Ixy https://t.co/ps46PrNFOj
1 JPY to USD added 1 tweet
2020-07-12 02:39:01 UTC
AUD/JPY | $AUDJPY | $AUD $JPY AUDJPY is GOING to SKYROCKET! Long or short it with BTC on Trade8:… https://t.co/IUnAKPKbmg
1 JPY to USD added 1 tweet
2020-07-12 01:06:01 UTC
EUR/JPY | $EURJPY | $EUR $JPY EURJPY Long or short it with BTC on Trade8: https://t.co/qrnSfdvKJS https://t.co/iyRY0Q4oKp
1 JPY to USD added 1 tweet
2020-07-12 15:39:01 UTC
Gold | $GOLD | $XAU $USD GOLD Long or short it with BTC on Trade8: https://t.co/WIMZF6zZgo https://t.co/84yWBkeEbL
1 JPY to USD added 1 tweet
2020-07-12 15:27:01 UTC
USD/CAD | $USDCAD | $USD $CAD USDCAD WEEKLY LONG Long or short it with BTC on Trade8: https://t.co/wNgonNOLJR https://t.co/MaVxoW2fZI
1 JPY to USD added 1 tweet
2020-07-12 15:36:01 UTC
EUR/USD | $EURUSD | $EUR $USD EurUsd Long or short it with BTC on Trade8: https://t.co/VwHbY2mdO9 https://t.co/uL5sJOrGrH

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1 Japanese Yen to US Dollar Exchange rates News

GBP/JPY Price Forecast – British Pound Grinding Lower Against Yen

The British pound poked a bit lower against the Japanese yen during the trading session on Monday, as traders came back to work.

27 days conditional neutral
USD/JPY Price Forecast - US Dollar Slams Into Familiar Price

The US dollar has rallied a bit during the trading session on Thursday against the Japanese yen, reaching towards the ¥107.50 level.

20 days conditional positive
USD/JPY Price Forecast - US Dollar Continues to Tread Water

The US dollar has tried to rally towards the ¥107.50 level yet again, which is an area that has been a bit of a magnet for price.

8 days conditional neutral
USD/BRL Forecast: Continues Sideways Grind

The Brazilian Real continues to be very choppy and noisy against the US dollar as we try to figure out what the situation is in Latin America.

about 23 hours conditional neutral
Fitch Rates El Salvador's 2052 USD Bonds 'B-'

Fitch Ratings-New York-09 July 2020: Fitch Ratings - New York - 09 July 2020: Fitch Ratings has assigned a 'B-' rating to El Salvador's USD1 billion bon

about 23 hours conditional neutral
GBP/USD Daily Forecast – Virus Worries Boost U.S. Dollar

GBP/USD failed to settle above the resistance at 1.2650 and declined below 1.2600.

about 23 hours conditional neutral

1 Japanese Yen to US Dollar Currency converter