Friday Feature: Country Report, Japan
Insights to Help if You are Interested in Japan
(This chart is live. If you review it after the publication date, the summary below may not be accurate.)
USD to YEN Explanation
Japan is one of these places where your currency conversion is important. Most people send money back to their home or into an investment. When you convert Yen to Dollars right now, you get fewer dollars. The information below assumes you have Dollars and you are buying Yen.
If you want to go to Japan, consider that if you have some savings in USD, you could set yourself up at a discount right now, and then keep your expenses low. Your investment in the move would be a good deal against a 3-5 year contract.
Late 2024 to 2025:
The rate is climbing again toward 160, showing continued Yen depreciation.
The Japanese Yen’s weakness might persist due to continued low domestic interest rates compared to higher U.S. rates or other global economic pressures.
Key Insights
The general trend reflects a weakening Japanese Yen over the years, driven by Japan's accommodative monetary policies versus the tightening policies of the U.S. Federal Reserve.
External factors such as global energy prices and Japan’s reliance on imports also contribute to this trend.
The volatility around 2023 could be due to market interventions or shifts in policy expectations.
Exchange Rate Changes in Real-Life
When the exchange rate was around 110 (2019–2020):
$1,000 × 110 = ¥110,000