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US Dollar to Japanese Yen Exchange Rate
Mid-market USD/JPY rate — the fairest rate, before provider markups.
159.057JPY
1 USD = 159.057 JPY
1 JPY = 0.00629 USD
Source: median of multiple independent feeds. For indicative purposes only.
USD to JPY Conversion Table
100 USD
15,905.74 JPY
500 USD
79,528.69 JPY
1,000 USD
159,057.38 JPY
5,000 USD
795,286.9 JPY
10,000 USD
1,590,573.81 JPY
25,000 USD
3,976,434.51 JPY
50,000 USD
7,952,869.03 JPY
100,000 USD
15,905,738.06 JPY
Based on mid-market rate. Actual provider rates will differ — compare below.
Understanding the USD/JPY Exchange Rate
The USD/JPY pair is the second most traded in the world and has seen extraordinary volatility since 2022 as the Bank of Japan gradually normalises decades of ultra-loose monetary policy. For US residents sending to Japan, this creates both opportunities and risks — the rate can move 2–3% in a single week.
Key things to know
- The BoJ's rate normalisation path is the single biggest driver of USD/JPY movements
- Japanese bank deposits are reliable but can take 1–2 business days to clear domestically
- Wise and Revolut offer the tightest spreads on this corridor
- JPY is a 'safe haven' currency — it tends to strengthen during global market stress
Tip
USD/JPY is one of the most volatile major pairs right now. If you have flexibility on timing, waiting for a rate dip can save meaningful amounts on larger transfers.
USD/JPY Rate History
Track how provider rates have changed over time. See which providers consistently offer the best USD to JPY rates.
How we calculate the USD/JPY mid-market rate
The mid-market rate is the midpoint between the buy and sell prices on global currency markets — it's the fairest exchange rate available. We aggregate data from 4 independent sources and take the median value, which eliminates outliers and provides a more reliable rate than any single source.
When a money transfer provider quotes you a rate, compare it against the mid-market rate shown on this page. The difference is the provider's markup — their profit on the currency conversion. On the USD/JPY pair, the best providers typically mark up by 0.3–1.5%, while banks can mark up by 2–5%.
Related Exchange Rates
Frequently asked questions about USD to JPY
What is the mid-market USD/JPY exchange rate today?
The mid-market rate for USD to JPY today is 159.057, meaning 1 US Dollar buys 159.057 Japanese Yen. The inverse rate is 1 JPY = 0.00629 USD. This is the interbank reference rate — money transfer providers apply a markup above this, so the rate you receive will be slightly lower.
What moves the USD/JPY exchange rate?
The BoJ's rate normalisation path is the single biggest driver of USD/JPY movements. Japanese bank deposits are reliable but can take 1–2 business days to clear domestically. The USD/JPY pair is the second most traded in the world and has seen extraordinary volatility since 2022 as the Bank of Japan gradually normalises decades of ultra-loose monetary policy.
Which provider offers the best US Dollar to Japanese Yen rate?
The best USD to JPY provider varies day to day. Specialist providers like Wise, Revolut, and OFX consistently beat banks on rate — compare above before every transfer. USD/JPY is one of the most volatile major pairs right now. If you have flexibility on timing, waiting for a rate dip can save meaningful amounts on larger transfers.
How much does it cost to convert US Dollar to Japanese Yen?
The total cost of a USD to JPY transfer has two parts: the exchange rate markup (the gap between the mid-market rate and the provider's rate) and any flat fee. The best specialist providers on this corridor typically charge a markup of 0.3–1.5% plus a small flat fee, while banks can add 2–5% in markup. The table above shows you exactly how much JPY your recipient would receive from each provider on a 1,000 USD transfer.