As of 16 May 2024, the Japanese Yen to US Dollar exchange rate stands at USD 154.29 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 conversion, staying informed about exchange rates is crucial. By keeping track of the JPY to USD rates, one can make informed decisions to get the best value for their money.
Aside from the JPY to USD rates, other currency exchange rates are also available for reference. For instance, the Australian Dollar is being bought at 1.49 USD and sold at the same rate, while the British Pound stands at 0.79 USD for both buying and selling.
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher rates for currency exchange, making it essential for consumers to compare rates before making transactions.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on exchange rates, helping users make informed decisions when converting currencies.
