1 Australian Dollar in Yen
Exchange Rate: AUD to JPY
The Australian dollar (AUD) is the official currency of Australia, while the Japanese yen (JPY) is the official currency of Japan. When exchanging one Australian dollar to yen, the exchange rate plays a crucial role.
Current Exchange Rate
As of the current market, the exchange rate is approximately:
1 AUD = 80-85 JPY
Please note that exchange rates are subject to constant changes due to market fluctuations. This rate may vary depending on the current market conditions.
History of AUD to JPY Exchange Rate
The exchange rate between AUD and JPY has experienced significant fluctuations over the years. In recent years, the rate has ranged from a high of 100 JPY per AUD in 2014 to a low of around 60 JPY per AUD in 2020.
Factors Affecting the Exchange Rate
Several factors can influence the AUD to JPY exchange rate, including:
- Economic indicators: GDP growth rates, inflation rates, and interest rates in both Australia and Japan can impact the exchange rate.
- Trade relations: The trade balance between Australia and Japan can affect the demand for each country's currency.
- Global events: Geopolitical tensions, natural disasters, and global economic downturns can influence currency exchange rates.
Converting AUD to JPY
If you need to convert 1 Australian dollar to yen, you can use the current exchange rate to get an approximate value. For example, if the exchange rate is 82 JPY per AUD, then:
1 AUD = 82 JPY
Keep in mind that exchange rates can fluctuate rapidly, so it's essential to stay informed about current market conditions.
Conclusion
In conclusion, the exchange rate between the Australian dollar and Japanese yen is subject to constant changes. Understanding the current exchange rate and factors that influence it can help you make informed decisions when converting between these currencies.
