1 USD to YEN Exchange Rate Today
Current Exchange Rate
As of the current market update, the exchange rate for 1 USD (United States Dollar) to JPY (Japanese Yen) is:
1 USD = 110.50 JPY
Exchange Rate Fluctuations
The exchange rate between the US Dollar and Japanese Yen is constantly changing due to various market and economic factors. The current exchange rate may fluctuate rapidly and significantly, so it is essential to stay up-to-date with the latest rates.
Historical Exchange Rate Trends
Here is a brief overview of the exchange rate trends between the US Dollar and Japanese Yen over the past few months:
- 1-month trend: The exchange rate has remained relatively stable, with a slight increase in the past week.
- 3-month trend: The exchange rate has been volatile, with a general downward trend.
- 1-year trend: The exchange rate has experienced significant fluctuations, with a general upward trend.
Factors Affecting the Exchange Rate
The exchange rate between the US Dollar and Japanese Yen is influenced by various economic and market factors, including:
- Interest Rates: Changes in interest rates set by the Federal Reserve (US) and the Bank of Japan can impact the exchange rate.
- Inflation Rates: Differences in inflation rates between the two countries can influence the exchange rate.
- Economic Indicators: GDP growth rates, unemployment rates, and other economic indicators can impact the exchange rate.
- Geopolitical Events: Global events, such as trade wars and political instability, can influence the exchange rate.
Conclusion
The exchange rate between the US Dollar and Japanese Yen is a critical aspect of international trade and finance. Staying informed about the current exchange rate and its fluctuations is essential for individuals and businesses involved in cross-border transactions.
