US Dollar to Japanese Yen Exchange Rate Market Daily Trends: H.10 Foreign Exchange Rates (2024)

FAQs

How much is $1 US worth in Japan? ›

1 USD = 147.30457143 JPY Aug 09, 2024 01:47 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately.

The exchange rate for US dollar to Japanese yen is currently 147.090 today, reflecting a 0.492% change since yesterday.

Best U.S. Dollar / Japanese Yen Exchange Rate Today: 147.2470.

US Dollar to Japanese Yen Exchange Rate is at a current level of 146.15, down from 147.06 the previous market day and up from 143.46 one year ago. This is a change of -0.62% from the previous market day and 1.87% from one year ago.

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You will receive just 0.30 Kuwait dinar after exchanging 1 US dollar, making the Kuwaiti dinar the world's highest-valued currency unit per face value, or simply 'the world's strongest currency'.

Depending on where you live, it may be best to exchange your money for Japanese yen after you arrive in Japan.

When to exchange: Although it depends on the currency, it is generally better to exchange yen in Japan than in your home country, due to a lower commission and better exchange rate. Similarly, you'll typically get better rates away from the major airports.

In general, yes. Although cards are widely accepted in big cities, it's better to have cash when travelling to the countryside.

What is the best rate of Japanese yen? ›

Best British Pound / Japanese Yen Exchange Rate Today: 187.8320.

The highest Japanese yen to US dollars rate was on August 7, 2024 when 1 Japanese yen was worth 0.0069 US dollar.

NEW YORK, Aug 5 (Reuters) - A surge in the yen to a seven-month high led a broad dollar fall, as a slew of economic data last week raised the prospect of a U.S. economic downturn and bigger interest rate cuts from the Federal Reserve.

USD/JPY Daily Outlook

Intraday bias in USD/JPY remains neutral an further decline is expected with 150.88 resistance intact. On the downside, below 144.04 minor support will bring retest of 141.67 first. Break there will resume the fall from 161.94 to 140.25 support next.

The Japanese yen has been steadily depreciating since the beginning of the year, thanks in part to the delayed prospect of rate cuts by the US Federal Reserve and the strength of the US economy. Goldman Sachs Research expects the yen to remain at or above 150 to the dollar over a 12-month horizon.

In March 2024, more than 3 million inbound tourists arrived in Japan, breaking a record. As of press time, one U.S. dollar is equivalent to about 156 Japanese yen; five years ago, it was hovering closer to 100 Japanese yen.

In general, a meal at a local eatery or fast food chain can range from 500 to 1,000 yen (approximately $5-$10 USD), while a meal at a mid-range restaurant can cost 1,000 to 3,000 yen (approximately $10-$30 USD), and a high-end restaurant can cost upwards of 10,000 yen (approximately $100 USD) per person.