¥ Japanese Yen
Currency Code: JPY
Currency of Japan. Major currency in Asian markets and international trade.
Issuing Authority
Bank of Japan (BOJ)
Key Features
Safe Haven Currency
Investors flee to JPY during global turmoil. Strong stability.
Economic Strength
Backed by Japan's advanced economy and technology leadership.
Major Currency
Third most-traded currency globally. Deep forex markets.
Export Standard
Standard currency for Japanese trade and business.
Popular Corridors
Vietnam → Japan
China → Japan
US → Japan
South Korea → Japan
Frequently Asked Questions
Why is JPY a safe haven?
Japan's stable government, strong economy, and fiscal discipline make JPY trusted in crises.
What is the JPY/USD rate?
Approximately ¥1 = $0.007 USD or ¥140-150 = $1 USD.
Is Japan experiencing inflation?
Japan historically has had low inflation. Recent inflation 2-3% annual.
Can we hold a JPY balance?
Yes. Hold JPY in a multi-currency account and convert on your own timing rather than at each settlement.
Is JPY easy to exchange?
Yes, very liquid. Available at most currency exchanges.