As of 24 October 2024, the buying exchange rate for 1 Japanese Yen to USD stands at USD 151.80 in the open market, with the selling exchange rate also at USD 151.80. These rates are subject to fluctuations based on global supply and demand dynamics.
For individuals or businesses involved in currency conversion, staying informed about exchange rates is crucial to ensure transactions are conducted at the most favorable rates. The table below provides a snapshot of the current exchange rates for Japanese Yen against the US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.12 | 7.12 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 151.80 | 151.80 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.87 | 0.87 |
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. Keeping track of inter-bank currency rates can help individuals and businesses make informed decisions when it comes to currency exchange.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides up-to-date information on various currency pairs. Staying informed about exchange rates can help optimize currency conversion processes and minimize costs associated with foreign transactions.
