DEXJPUSJapanese Yen / US Dollar Exchange Rate (DEXJPUS) — Current Value & Historical Data
Japanese Yen / US Dollar Exchange Rate (DEXJPUS) Chart & Data Table
Showing 2,490 of 13,916 observations. Pick "All" to see the full history (1971-01-04–2026-07-10).
Gray bands: NBER recessions
What is Japanese Yen / US Dollar Exchange Rate (DEXJPUS)?
The Japanese yen / U.S. dollar exchange rate (quoted as yen per one U.S. dollar, USD/JPY) is the noon-buying reference rate published each U.S. business day in the Federal Reserve Board's H.10 release, sourced from indicative interbank quotes. USD/JPY is the second-most-traded currency pair globally after EUR/USD. Because the Bank of Japan ran negative or zero short-term interest rates from 2016 through 2024 while the Fed normalized policy, USD/JPY has become the cleanest proxy for U.S.-Japan interest-rate differentials and a popular funding pair for carry trades: investors borrow in cheap yen and lend in higher-yielding dollar assets, which pushes the rate higher. After Japan abandoned the 360-yen Bretton Woods peg in 1971, the yen strengthened over decades to a record 75.72 in October 2011 amid post-tsunami repatriation. It then reversed sharply under Abenomics and Fed tightening, reaching 161.96 in July 2024, the weakest level since 1986, prompting the Ministry of Finance to intervene in the FX market.
Current Japanese Yen / US Dollar Exchange Rate (DEXJPUS) Value
As of July 10, 2026, the current japanese yen to u.s. dollar spot exchange rate is 161.31 Japanese Yen to One U.S. Dollar. This is the most recent observation available for this series, updated daily.
Japanese Yen / US Dollar Exchange Rate Historical Trend
Japanese Yen to U.S. Dollar Spot Exchange Rate fell 0.60% day-over-day. Over the past year, japanese yen to u.s. dollar spot exchange rate rose 10.59% from July 2025. In the series' tracked history, the highest recorded value was 358.44 (January 1971), and the lowest was 75.72 (October 2011).
Methodology & Source
Source
Federal Reserve Board
Frequency
Daily
Units
Japanese Yen to One U.S. Dollar
Notes
data source (https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/h10/%). For questions on FRED functionality, please contact us here (https://fred.stlouisfed.org/contactus/).</p>...
Frequently Asked Questions About Japanese Yen / US Dollar Exchange Rate (DEXJPUS)
What is the current japanese yen to u.s. dollar spot exchange rate?
As of July 10, 2026, japanese yen to u.s. dollar spot exchange rate stands at 161.31 Japanese Yen to One U.S. Dollar.
Where does japanese yen to u.s. dollar spot exchange rate data come from?
Japanese Yen to U.S. Dollar Spot Exchange Rate data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is japanese yen to u.s. dollar spot exchange rate updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for japanese yen to u.s. dollar spot exchange rate?
In the available data, the highest value was 358.44 Japanese Yen to One U.S. Dollar in January 1971, and the lowest was 75.72 Japanese Yen to One U.S. Dollar in October 2011.
How has japanese yen to u.s. dollar spot exchange rate changed over the past year?
Over the past year, japanese yen to u.s. dollar spot exchange rate increased 10.59%.
Related government-spending dashboards
How Japanese Yen / US Dollar Exchange Rate connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.