USD vs JPY
🇯🇵1 USD = 163 JPY
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
USD / JPY| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About USD / JPY
🇺🇸 USD — US Dollar
The United States Dollar is the world's primary reserve currency and the most traded currency in the foreign exchange market. It serves as the standard unit of currency in international markets for commodities such as gold and oil.
🇯🇵 JPY — Japanese Yen
The Japanese Yen is the third most traded currency in the forex market and is widely used as a reserve currency. It is known as a safe-haven currency that investors flock to during times of global uncertainty.
Key Factors Affecting USD/JPY
🇺🇸 USD Drivers
- Federal Reserve interest rate decisions
- US employment and inflation data
- Global risk sentiment and safe-haven demand
- US trade balance and fiscal policy
🇯🇵 JPY Drivers
- Bank of Japan monetary policy and yield curve control
- Japan's trade surplus and export data
- Global risk appetite and safe-haven flows
- USD/JPY carry trade dynamics
💡 Did You Know? — USD
About 60% of all foreign exchange reserves held by central banks worldwide are denominated in US dollars.
💡 Did You Know? — JPY
The yen has no subdivisions in circulation — unlike most currencies, there are no cents or pence equivalent.
Economy Overview
🇺🇸 United States
The US has the largest economy in the world by nominal GDP. The Federal Reserve (Fed) manages monetary policy, and its interest rate decisions have a significant impact on the dollar's value globally.
🇯🇵 Japan
Japan has the third-largest economy in the world and is a major exporter of automobiles, electronics, and technology. The Bank of Japan (BoJ) has maintained ultra-low interest rates for decades.