USD to JPY Exchange Rates

This live exchange rate calculator converts USD (United States Dollar) to JPY (Japanese Yen) using the latest exchange rates and currency exchange information from OzForex. Convert USD to JPY using this calculator to get the most up-to-date exchange rates from live currency exchange market information.

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The United States Dollar (USD):

The United States Dollar is a far-reaching currency. It is used more than any other currency in international transactions, and it is officially used in some other sovereign countries, including Ecuador, El Salvador, and East Timur. Several overseas British Territories also use the U.S. dollar as their sole form of currency, but in an unofficial capacity. Still more nations link their national currency to the U.S. dollar via a fixed exchange rate. The U.S. dollar uses a decimal system for smaller denominations. One U.S. dollar is equal to 100 cents, also called pennies. Amounts under one dollar are only issued as coins and consist of the following: nickel (5 cents), dime (10 cents), quarter (25 cents), and half-dollar (50 cents).

The Japanese Yen (JPY):

The Japanese Yen is the official currency of Japan and very influential not only in East-Asian markets, but markets worldwide. It is the third-most traded currency in the world and the fourth-most used reserved currency. The only currencies used more for reserves are the U.S. dollar, the euro, and the Great Britain pound. Following the custom of East Asia, yen in large quantities are counted in multiples of 10,000 rather than multiples of 1,000 as they are in most of the world. Yen, in Japanese, directly translates as "round object" and is pronounced with a silent "Y." The yen was introduced in 1871 as a response to Spanish dollars prominent in the area at the time and the silver coins minted in Hong Kong. The first yen were a dollar unit in function and were modeled after the Spanish piece of eight. In 1897, Japan linked the yen to a gold standard. In 1973, the yen was taken off the gold standard and allowed to float on the market.