JPY · ¥
Japanese Yen (JPY)
The Japanese yen (JPY) is the official currency of Japan and the third most traded currency in the world.
Convert this currency
Converted amount
0.0063 USD
Exchange rate
1 JPY = 0.006339 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
JPY · Japanese Yen
Japanese Yen (JPY): Overview and History
The Japanese yen (JPY) is the official currency of Japan and the third most traded currency in the foreign exchange market, after the US dollar and the euro. It is also a major reserve currency, widely used in international transactions and finance. The yen was introduced in 1871 by the Meiji government as part of a modernization effort to adopt a decimal monetary system, replacing the complex feudal currency system.
The yen is issued by the Bank of Japan, the country's central bank, which is responsible for monetary policy and maintaining price stability. The symbol for the yen is ¥, and its ISO code is JPY. The yen is subdivided into 100 sen, although sen coins are no longer in circulation. Banknotes are issued in denominations of 1,000, 2,000, 5,000, and 10,000 yen, while coins come in 1, 5, 10, 50, 100, and 500 yen denominations.
The value of the yen is influenced by various factors, including Japan's economic performance, interest rates set by the Bank of Japan, and global market conditions. Historically, the yen has been considered a safe-haven currency, often strengthening during times of economic uncertainty. However, its value fluctuates against other currencies, and exchange rates are determined by market forces. For the most current exchange rates, it is advisable to consult financial news sources or a currency converter.
- Code
- JPY
- Symbol
- ¥
- Current rate
- USD / JPY
Currency information
Last updated · 8/7/2026
The yen was introduced in 1871 by the Meiji government, replacing the Tokugawa coinage and the hansatsu paper currency.
- Official name
- Japanese Yen
- Legal tender status
- Legal tender in Japan
- Decimal places
- 0
- Minor unit
- Sen · 1 JPY = 100 Sen
- Countries
- Japan
- Issuing authority
- Bank of Japan
- Central bank
- Bank of Japan · Official website
- Exchange-rate regime
- Free-floating
Common banknotes
¥1,000 · ¥2,000 · ¥5,000 · ¥10,000
Common coins
¥1 · ¥5 · ¥10 · ¥50 · ¥100 · ¥500
Also known as
JPY · Yen · Japanese yen · ¥ · Yen japonais
Practical notes
- The 2,000 yen note is rarely used but still legal tender.
- Coins of ¥1 and ¥5 have no Arabic numerals on the obverse.
Priority currency pairs
The most useful conversions for this currency.
Japanese Yen questions
What is the JPY exchange rate?
The displayed rate is the latest available reference rate for USD/JPY. It can change throughout the day.
How can I convert JPY online?
Use the converter above to calculate indicative amounts between JPY and the other supported currencies.