Exchange rates can fluctuate by the minute while markets are open. However, the period between 3-4 PM GMT is often a good time to convert Japanese Yen to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it’s advisable to convert Japanese Yen to US Dollars early in the week if you need USD urgently.

Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk. Our interactive USD to JPY chart use real-time mid-market exchange rates and allow you to view historical data up to the last 5 years.

USD to JPY – Convert US Dollars to Japanese Yen

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. All investment services are provided by the respective Wise Assets entity in your location. To view rates between the Japanese Yen and the US Dollar for a particular year, click on one of the links below.

USD to JPY on 2025-7-7

Although tariffs and taxes both generate government revenue to fund public goods and services, they have several distinctions. Tariffs are prepaid at the port of entry, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and businesses, while tariffs are paid by importers.

Many leading competitors have a dirty little secret. They add hidden markups to their exchange rates – charging you more without your knowledge. And if they have a fee, they charge you twice.

Tariffs are widely used as tools of protectionism, along with trade barriers and import quotas. Save money when you send, spend and get paid in over 40+ currencies. All you need, in one account, whenever you need it. The USD/JPY rate is up +0.66% (+0.95913) since July 7, 2025 which means the US Dollar has increased in value compared to the Japanese Yen.

Inflation rates

Schedule international transfers across 130 currencies in 190+ countries. The author has not received compensation for writing this article, other than from FXStreet. Tariffs are customs duties levied on certain merchandise imports or a category of products. Tariffs are designed to help local producers and manufacturers be more competitive in the market by providing a price advantage over similar goods that can be imported.

During the run-up to the presidential election in November 2024, Donald Trump made it clear that he intends to use tariffs to support the US economy and American producers. In 2024, Mexico, China and Canada accounted for 42% of total US imports. In this period, Mexico stood out as the top exporter with $466.6 billion, according to the US Census Bureau. Hence, Trump wants to focus on these three nations when imposing tariffs. He also plans to use the revenue generated through tariffs to lower personal income taxes.

The cost of 1 United States Dollar in Japanese Yens today is ¥146.77 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate increased by 0.62% (by +¥0.91). The exchange rate of the United States Dollar in relation to the Japanese Yen on the chart, the table of the dynamics of the cost as a percentage for the day, week, month and year. GBP/USD loses traction and slips back to the area of two-week troughs near 1.3550, sheeding around a cent since earlier peaks in the mid-1.3600s. The cautious market sentiment supports the US Dollar and keeps Cable’s performance subdued as investors remain focused on reports about the US trade policy.

When is the best time to exchange currencies?

Wise never hides fees in the exchange rate. Compare our rate and fee with our competitors and see the difference for yourself. Cryptocurrency prices show signs of recovery on Tuesday following a volatile session the prior day, driven by tariff uncertainty and trade tensions between the United States (US) and its trading partners.

Moreover, most countries will face additional tariff rates on transshipments. The new announcements are silent on Singapore, India and the Philippines, which might stand to benefit from tariff concessions if negotiations progress favourably. Following Monday’s turbulent activity, Gold struggles to gain positive momentum and is trading in a rather tight band above $3,300. US Treasury bond rates continue to rise as the Trump administration postponed the tariff deadline to August 1, preventing XAU/USD from turning north. SPONSORED Discover the top brokers for trading EUR/USD in 2025.

Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. Considering the best moment to switch your money or engage in currency trading? The peak trading duration spans from 8am GMT to 5pm EST, coinciding with the UK and US markets. This period witnesses maximum liquidity, ensuring a minimal gap between bid and ask rates.

• And with our daily summaries, you’ll never miss out on the latest news.
• US Treasury bond rates continue to rise as the Trump administration postponed the tariff deadline to August 1, preventing XAU/USD from turning north.
• Despite the negative factors, the growing acceptance that the BoJ will hike interest rates again might hold back the JPY bears from placing aggressive bets.
• The cost of 1 United States Dollar in Japanese Yens today is ¥146.77 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate increased by 0.62% (by +¥0.91).
• Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market.

• Wise never hides fees in the exchange rate.
• Our smart tech means we’re more efficient – which means you get a great rate.
• The new announcements are silent on Singapore, India and the Philippines, which might stand to benefit from tariff concessions if negotiations progress favourably.
• To view rates between the US Dollar and the Japanese Yen for a particular year, click on one of the links below.

The USD and JPY can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. However, the period between 3-4 PM GMT is often a good time to convert US Dollars to Japanese Yen because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it’s advisable to convert US Dollars to Japanese Yen early in the week if you need JPY urgently. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate.

USD to JPY on 2025-7-7 – FAQs

Set an alert now, and we’ll tell you when it gets better. And with our daily summaries, you’ll never miss out on the latest news. The JPY and USD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market. There are two schools of thought among economists regarding the usage of tariffs. Join millions from across the globe who trust Remitly to how to use leverage in forex trading send money home.