USD to JPY Converter — Live US Dollar to Japanese Yen Rate
The Dollar-Yen pair is the classic risk barometer of Asia and is heavily influenced by the gap between Federal Reserve and Bank of Japan monetary policy.
Currency Converter
Converted amount
¥158
1 USD = 157.830000 JPY
Rates updated: Aug 6, 2026
USD / JPY historical rate
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What drives USD/JPY
For years the Bank of Japan held rates below zero while the Fed hiked, pushing USD/JPY higher. Any shift in BoJ yield-curve policy or Fed guidance quickly moves the pair. It also acts as a safe-haven proxy — Yen tends to strengthen when global equities fall.