Japanese Yen / US Dollar Exchange Rate
Japanese yen per one US dollar, spot exchange rate, from the Federal Reserve's H.10 Foreign Exchange Rates release.
159.97
Yen per US Dollar
Japanese Yen / US Dollar Exchange Rate — latest reading: 159.97 yen per us dollar. As of August 2026, it is up 0.5% over the past 12 months, well above its 10-year average. Source: DEXJPUS, Federal Reserve Board, published daily. Reported as published, without transformation; the publisher may revise it. Higher than all but 51 of 5000 readings since 2006-09-13. Last at or above this level on 2026-07-29.
Min
75.72
Max
163.86
Average
113.04
10Y Percentile
98%
3M Change
+0.5%
Japanese Yen / US Dollar Exchange Rate (DEXJPUS) — 5000 observations from 2006-09-13 to 2026-08-28. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
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Revisions
None. Across the 12 most recent prints held in the vintage archive, Japanese Yen / US Dollar Exchange Rate was published once each and never restated. Market series behave this way; survey and sample-based statistics generally do not. How this is computed.
Macro Regime Context
The market regime is currently neutral (60% confidence).
See what this means across all four regime dimensions →3-Month
+0.5%
6-Month
+0.7%
12-Month
+0.5%
What this means
Japanese Yen / US Dollar Exchange Rate is currently at 159.97 yen per us dollar, which is well above its 10-year historical average. The trend is stable (+0.5% over the past 3 months).
Over the past 6 months the change is +0.7%, and over 12 months it is +0.5%. The short-term move is accelerating relative to the longer trend.
Frequently Asked Questions
What is the USD/JPY exchange rate?
USD/JPY is the number of Japanese yen one US dollar buys. A rising number means a weaker yen and a stronger dollar. The rate shown here is the noon spot rate reported in the Federal Reserve's H.10 release, with history back to 1971.
Why does the yen matter for global macro?
Japan has run very low interest rates for decades, making the yen a common funding currency for carry trades — borrowing in yen to invest in higher-yielding assets. Historically, sharp yen appreciation has coincided with episodes of global risk aversion and the unwinding of those positions.
How often is the USD/JPY rate updated?
The Federal Reserve publishes the H.10 spot rate each business day, and it is sourced here from FRED. This page updates with each new daily reading.
Cite this page
MacroRadar, "Japanese Yen / US Dollar Exchange Rate," https://www.macroradar.io/usd-jpy (as of August 2026).