Japanese Yen Exchange Rate | Japanese Yen Price Today | Forex JPY | IFCM Canada
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JPY Exchange Rate with Other Currencies

¥

The Japanese yen (JPY) is the 3rd most traded currency in the world. The issuer is the Bank of Japan.

  • Is considered as a “safe haven” currency due to low inflation and high stability of the nation’s economy
  • Is characterized by relatively low value against other major currencies due to quite low interest rates
  • Is actively involved in trading operations, particularly in Asia.
  • Low exchange rate of the national currency was historically favored by the government, supporting exporters and contributing to economic growth

AUDJPY | Major currency pair

Type: Forex AUD JPY

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