As of 28 May 2024, the Japanese Yen to US Dollar exchange rate stands at USD 156.87 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, there are also exchange rates for other major currencies. For instance, the Australian Dollar is being bought and sold at 1.50, the British Pound at 0.78, the Canadian Dollar at 1.36, the Chinese Yuan at 7.24, the Euro at 0.92, and the New Zealand Dollar at 1.63.
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 converting currencies.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on inter-bank currency rates, allowing users to stay informed about the latest developments in the foreign exchange market.
