Business Desk 25 Feb , 2024 01:02 AM GMT
JPY to USD rate is USD 150.49 for buying and selling.
Exchange rates vary due to global supply and demand dynamics.
Tracking exchange rates helps in converting currency at favorable rates.
JPY to USD rate is USD 150.49 for buying and selling.
As of 24 February 2024, the Japanese Yen to US Dollar exchange rate stands at USD 150.49 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.
Here is a snapshot of the exchange rates for Japanese Yen against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.53 | 1.53 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.20 | 7.20 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 150.49 | 150.49 |
| New Zealand Dollar (NZD) | 1.61 | 1.61 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks often charging higher rates. This emphasizes the significance of staying informed about inter-bank currency rates to ensure optimal currency conversion.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely and accurate information to assist in making informed financial decisions.
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