The USD/JPY exchange rate rose to 155.6000 on December 2, 2025, up 0.09% from the previous session. Over the past month, the Japanese Yen has weakened 0.90%, and is down by 4.00% over the last 12 months. Japanese Yen - values, historical data, forecasts and news - updated on December of 2025.

Japan JP: Exchange Rate: National Currency per USD data was reported at 155.830 USD/JPY in Dec 2026. This stayed constant from the previous number of 155.830 USD/JPY for Sep 2026. Japan JP: Exchange Rate: National Currency per USD data is updated quarterly, averaging 138.131 USD/JPY from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 362.802 USD/JPY in Sep 1963 and a record low of 77.324 USD/JPY in Dec 2011. Japan JP: Exchange Rate: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCHUD - Exchange rate, national currency per USD

Monthly and long-term Japan Exchange Rate data: historical series and analyst forecasts curated by FocusEconomics.

New Zealand ANZ Forecast: Foreign Exchange Rate: Japan Yen: Annual data was reported at 83.200 NZD/JPY in 2025. This records a decrease from the previous number of 85.700 NZD/JPY for 2024. New Zealand ANZ Forecast: Foreign Exchange Rate: Japan Yen: Annual data is updated yearly, averaging 80.900 NZD/JPY from Dec 2018 (Median) to 2025, with 8 observations. The data reached an all-time high of 85.700 NZD/JPY in 2024 and a record low of 69.600 NZD/JPY in 2020. New Zealand ANZ Forecast: Foreign Exchange Rate: Japan Yen: Annual data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.M017: Foreign Exchange Rate: Forecast: ANZ Bank Ltd.

Prices for USDJPY US Dollar Japanese Yen including live quotes, historical charts and news. USDJPY US Dollar Japanese Yen was last updated by Trading Economics this December 2 of 2025.

The amount of Japanese yen that could be bought with USD kept increasing since September 2020. As of November 14, 2025, the exchange rate reached approximately 154.63 Japanese yen. The average (standardized) measure is based on the calculation of many observations throughout the period in question. It is therefore different from an annual measure at a point, which reflects concrete values as of the end of the year.

Sweden NIER Forecast: Exchange Rate: Japanese Yen data was reported at 7.300 SEK/100 JPY in 2023. This records a decrease from the previous number of 7.400 SEK/100 JPY for 2022. Sweden NIER Forecast: Exchange Rate: Japanese Yen data is updated yearly, averaging 6.300 SEK/100 JPY from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 8.500 SEK/100 JPY in 2012 and a record low of 1.400 SEK/100 JPY in 1975. Sweden NIER Forecast: Exchange Rate: Japanese Yen data remains active status in CEIC and is reported by National Institute of Economic Research. The data is categorized under Global Database’s Sweden – Table SE.M020: Foreign Exchange Rate: Forecast: National Institute of Economic Research.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Japan Exchange Rate.

Prices for SGDJPY Singapore Dollar Japanese Yen including live quotes, historical charts and news. SGDJPY Singapore Dollar Japanese Yen was last updated by Trading Economics this December 2 of 2025.

Prices for JPYPHP Japanese Yen Philippine Peso including live quotes, historical charts and news. JPYPHP Japanese Yen Philippine Peso was last updated by Trading Economics this December 2 of 2025.

Japan JP: Purchasing Power Parity: National Currency per USD data was reported at 94.927 USD/JPY in Dec 2026. This records an increase from the previous number of 94.884 USD/JPY for Sep 2026. Japan JP: Purchasing Power Parity: National Currency per USD data is updated quarterly, averaging 177.455 USD/JPY from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 272.793 USD/JPY in Sep 1977 and a record low of 93.912 USD/JPY in Sep 2022. Japan JP: Purchasing Power Parity: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. PPP - Purchasing power parity, national currency per USD

Prices for JPYTHB Japanese Yen Thai Baht including live quotes, historical charts and news. JPYTHB Japanese Yen Thai Baht was last updated by Trading Economics this December 3 of 2025.

Prices for JPYIDR Japanese Yen Indonesian Rupiah including live quotes, historical charts and news. JPYIDR Japanese Yen Indonesian Rupiah was last updated by Trading Economics this December 1 of 2025.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is valued to increase by USD 582 billion, at a CAGR of 10.6% from 2024 to 2029. Growing urbanization and digitalization will drive the foreign exchange market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 47% growth during the forecast period.
By Type - Reporting dealers segment was valued at USD 278.60 billion in 2023
By Trade Finance Instruments - Currency swaps segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 118.14 billion
Market Future Opportunities: USD 582.00 billion
CAGR from 2024 to 2029 : 10.6%

Market Summary

The market, a dynamic and intricate web of financial transactions, plays a pivotal role in facilitating global trade and economic interactions. Its primary function is to enable the conversion of one currency into another, thereby mitigating the risk of currency fluctuations for businesses and investors. Key drivers of this market include growing urbanization and digitalization, which have expanded trading opportunities to a 24x7 global economy. However, the uncertainty of future exchange rates poses a significant challenge, necessitating effective risk management strategies. The market's evolution reflects the increasing interconnectedness of the global economy. Transactions occur in a decentralized, over-the-counter system, with major trading centers in London, New York, and Tokyo.
Participants include commercial banks, investment banks, hedge funds, and individual investors, all seeking to capitalize on price differences between currencies. Trends shaping the market include the increasing use of automation and artificial intelligence to analyze market data and execute trades. Regulatory changes, such as the introduction of stricter capital requirements, also impact the market's functioning. Looking ahead, the market is expected to remain a vital component of the global financial landscape, with continued growth driven by increased trade and economic interdependence. However, challenges, such as regulatory changes and geopolitical risks, will necessitate adaptability and innovation from market participants.

What will be the Size of the Foreign Exchange Market during the forecast period?

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How is the Foreign Exchange Market Segmented ?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market, a dynamic and ever-evolving financial landscape, is characterized by constant activity and intricate patterns. Participants engage in various trading strategies, employing advanced tools such as stop-loss and take-profit orders on forex trading platforms. Real-time data feeds and order book dynamics facilitate trade execution speed, while market microstructure and slippage minimization techniques ensure efficient transactions. Currency correlation analysis and transaction cost analysis are integral to informed decision-making, with backtesting methodologies providing valuable insights. Currency forwards contracts, position sizing techniques, and forex derivatives pricing are essential components of risk management systems. Carry trade strategies, hedging strategies, and interest rate parity are popular tactics employed by market participants.

Algorithmic trading strategies, driven by options pricing models and trading algorithms' efficiency, significantly influence price discovery mechanisms. High-frequency trading and volatility modeling contribute to the market's liquidity risk management, while foreign exchange swaps and currency option valuation help manage risk. The market's complexities necessitate sophisticated risk management systems and intricate order routing optimization. Global payments systems facilitate the smooth transfer of funds, and liquidity risk management remains a critical concern for market participants. According to recent studies, The market is estimated to account for approximately USD6 trillion in daily trading volume, und

Japan JP: Exchange Rate: National Currency per USD: Single Hit Scenario data was reported at 107.090 USD/JPY in Dec 2021. This stayed constant from the previous number of 107.090 USD/JPY for Sep 2021. Japan JP: Exchange Rate: National Currency per USD: Single Hit Scenario data is updated quarterly, averaging 133.095 USD/JPY from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 362.802 USD/JPY in Sep 1963 and a record low of 77.324 USD/JPY in Dec 2011. Japan JP: Exchange Rate: National Currency per USD: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCHUD - Exchange rate, national currency per USD

Prices for JPYHKD Japanese Yen Hong Kong Dollar including live quotes, historical charts and news. JPYHKD Japanese Yen Hong Kong Dollar was last updated by Trading Economics this December 3 of 2025.

Daily open, high, low, close and mid GBP/JPY rates with monthly and yearly summaries.

View market daily updates and historical trends for US Dollar to Japanese Yen Exchange Rate. Source: European Central Bank. Track economic data with YChar…

Japan JP: Exchange Rate: USD per National Currency: Single Hit Scenario data was reported at 0.009 JPY/USD in Dec 2021. This stayed constant from the previous number of 0.009 JPY/USD for Sep 2021. Japan JP: Exchange Rate: USD per National Currency: Single Hit Scenario data is updated quarterly, averaging 0.008 JPY/USD from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 0.013 JPY/USD in Dec 2011 and a record low of 0.003 JPY/USD in Sep 1963. Japan JP: Exchange Rate: USD per National Currency: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCH - Exchange rate, USD per national currency (1/EXCHUD)

The Japan foreign exchange market size reached USD 55.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 111.9 Billion by 2033, exhibiting a growth rate (CAGR) of 8.2% during 2025-2033. The shifting consumer inclination toward currency trading, inflating disposable incomes, and higher interest rates of foreign exchange rates represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the Japan foreign exchange market report, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on counterparty and type.