Convert USD to JPY, Free
Live exchange rates updated daily. Enter any USD amount for the JPY equivalent.
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How to convert USD to JPY
The US dollar-to-Japanese yen exchange rate is one of the most closely watched in global currency markets. USD/JPY is particularly sensitive to US-Japan interest rate differentials: when US interest rates are significantly higher than Japan's (which has maintained ultra-low rates for decades), carry traders borrow yen cheaply and invest in dollar assets, which tends to push USD/JPY higher (dollar stronger, yen weaker).
This converter calculates the yen equivalent of any dollar amount using a current or recently cached rate. The math runs in your browser; no data is transmitted. For large transactions, check rates with your bank as they apply a spread above the mid-market rate shown here.
Enter the USD amount
Type the dollar amount. Cents are accepted as decimals.
Read the yen result
The converter multiplies by the current USD/JPY rate and shows the yen equivalent. Yen is quoted as whole numbers (no subdivisions in common use).
Note the rate
USD/JPY moves daily based on central bank communication, trade data, and global risk flows.
Reverse if needed
To convert JPY to USD, use the JPY to USD converter.
Frequently asked questions
Why is the yen quoted as a large number per dollar?
The yen was devalued aggressively after World War II and was never redenominated. 1 USD bought about 360 yen under the Bretton Woods system. After floating in 1973, the rate strengthened to roughly 80-150 yen per dollar where it has traded for decades.
What is a carry trade and how does it affect USD/JPY?
A carry trade borrows in a low-interest currency (yen) and invests in a high-interest currency (dollars). The strategy profits from the rate differential. When many carry traders unwind simultaneously (often during risk-off periods), they buy back yen to repay loans, which can cause rapid yen strengthening.
What is the Bank of Japan's role in the yen exchange rate?
The Bank of Japan intervenes in foreign exchange markets rarely but significantly when it judges the yen is moving too far too fast. It coordinated with the G7 to sell dollars in 1995, and has intervened to support the yen when it weakened sharply in 2022.
Is Japan an expensive destination for American tourists?
When the yen is weak relative to historical norms, Japan is very affordable for dollar-spending tourists. At 140-150 JPY/USD, prices that locals find normal feel cheap in dollar terms. Travel budgets benefit significantly from favorable exchange rates.
What is the ISO code for the Japanese yen?
JPY. The symbol is ¥, shared with the Chinese yuan. In Japan it is written as 円 (en in romanized Japanese).