Japanese Yen (¥) to US Dollar ($) Conversion

Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan and the third most traded currency globally, typically quoted in ranges of 100–150 JPY per USD. Established by the New Currency Act of 1871, the yen is notable for its very low nominal value per unit — a direct consequence of Japan's post-WWII monetary reconstruction, which did not redenominate the currency after wartime inflation. The Bank of Japan has maintained ultra-low interest rates for extended periods, historically making the yen a popular low-cost borrowing currency for carry trades.

US Dollar

The US Dollar (USD) is the world's primary reserve currency, involved in approximately 88% of all foreign exchange transactions globally. Established by the Coinage Act of 1792, the dollar transitioned to a pure fiat currency in 1971 when President Nixon ended its convertibility to gold — the collapse of the Bretton Woods system that had pegged all major currencies to the USD at fixed rates since 1944. Today the dollar serves as the global pricing currency for commodities including oil, gold, and most internationally traded goods.

Convert Japanese Yen (¥) to other units of Currency