The Japanese yen strengthened past 113 per US dollar on Friday, benefitting from risk-off trades in the financial markets driven by fears around the Omicron variant and a firm hawkish pivot by the Federal Reserve. Investors positioned cautiously ahead of the weekend by selling growth stocks and risk-sensitive currencies in favor of defensive stocks, bonds and safe haven assets such as the Japanese yen and the Swiss franc. Moreover, Bank of Japan board member Hitoshi Suzuki said on Thursday that the central bank will soon discuss ending the pandemic-relief funding programs in March. Meanwhile, the yen is still under pressure from growing policy divergence between the US and Japan, with a growing number of Fed officials having thrown their support behind normalizing policies and setting the stage for hiking rates to combat inflation. The BOJ on the other hand remained firm in its commitment to retain easy monetary policies to achieve its 2% price stability target.

Historically, the Japanese Yen reached an all time high of 358.44 in January of 1971. Japanese Yen - data, forecasts, historical chart - was last updated on December of 2021.

The Japanese Yen is expected to trade at 113.68 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 115.08 in 12 months time.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Japanese Yen

Majors Price Day Year
BTCUSD 47,587.3900 -6,199.4108 -11.53% 148.34%
EURUSD 1.1310 -0.0030 -0.27% -6.69%
GBPUSD 1.3232 -0.0069 -0.52% -1.51%
AUDUSD 0.6995 -0.0092 -1.30% -5.83%
NZDUSD 0.6741 -0.0065 -0.96% -4.24%
USDJPY 112.8010 -0.2480 -0.22% 8.27%
USDCNY 6.3725 -0.0002 0% -2.20%
USDCHF 0.9178 -0.0031 -0.34% 2.92%
USDCAD 1.2843 0.0027 0.21% 0.50%
USDMXN 21.2750 -0.0672 -0.31% 7.63%
USDINR 75.2243 0.2526 0.34% 1.99%
USDBRL 5.6465 0.0003 0.01% 9.52%
USDRUB 73.7374 0.2044 0.28% -0.35%
DXY 96.1542 -0.0018 0% 6.01%
USDKRW 1,176.8820 1.9330 0.16% 8.79%
USDTRY 13.6475 0.0330 0.24% 75.01%
USDSEK 9.1406 0.0928 1.03% 8.19%
USDPLN 4.0593 -0.0130 -0.32% 10.21%
USDNOK 9.1822 0.0842 0.93% 4.39%
USDZAR 16.0657 0.1370 0.86% 5.64%
USDDKK 6.5723 -0.0102 -0.16% 7.05%
USDSGD 1.3713 0.0017 0.13% 2.73%
USDILS 3.1602 -0.0044 -0.14% -3.28%
USDHKD 7.7939 0.0029 0.04% 0.56%
USDCLP 840.3800 4.3500 0.52% 13.03%
USDPKR 176.3500 -0.1500 -0.08% 10.36%
USDCZK 22.4839 -0.0356 -0.16% 2.94%
USDHUF 321.5080 -1.0720 -0.33% 8.73%
Crosses Price Day Year
USDJPY 112.8010 -0.2480 -0.22% 8.27%
EURJPY 127.5420 -0.3060 -0.24% 0.99%
GBPJPY 149.0200 -1.3453 -0.89% 6.47%
AUDJPY 78.8910 -1.3230 -1.65% 1.96%
NZDJPY 76.1330 -0.3638 -0.47% 3.79%
CNYJPY 17.6725 -0.1516 -0.85% 10.99%
CHFJPY 122.8170 -0.0790 -0.06% 5.14%
CADJPY 87.7570 -0.5390 -0.61% 7.70%
MXNJPY 5.2853 -0.0170 -0.32% 0.37%
INRJPY 1.4995 -0.0084 -0.56% 7.02%
BRLJPY 19.9741 -0.0480 -0.24% 2.55%
RUBJPY 1.5295 -0.0079 -0.51% 14.27%
KRWJPY 0.0964 0.0002 0.19% 3.25%
IDRJPY 0.0079 -0.00001 -0.14% 6.17%
ARSJPY 1.1195 0.0009 0.08% -13.38%
CZKJPY 5.0133 -0.0068 -0.13% 7.13%
DKKJPY 17.1540 -0.0202 -0.12% 3.76%
HUFJPY 0.3503 -0.0001 -0.04% 2.26%
MYRJPY 26.8009 0.0627 0.23% 5.57%


Japanese Yen
The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date.