As of 24 May 2024, the Japanese Yen to US Dollar exchange rate stands at USD 156.98 for both buying and selling, according to the open market rate. This rate is subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses involved in currency exchange, understanding the current exchange rate is crucial for making informed decisions. Keeping track of the JPY to USD exchange rate can help in converting currency at the most favorable rate.
Aside from the JPY to USD rates, there are also exchange rates for other major currencies. For instance, the buying and selling rates for the Australian Dollar are 1.51 and 1.51 USD, respectively. Similarly, the British Pound has rates of 0.79 for both buying and selling against the US Dollar.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates, so individuals should be mindful of this when conducting currency transactions.
For the most up-to-date exchange rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on inter-bank currency rates, offering a comprehensive view of the current exchange rate landscape.
