March 5th, 2018

Exchange Rates

At the end of February 2018, USD/Yen exchange rate closed at 107.08.

Published monthly by the Bank of Japan. Updated to the month of February 2018 (published on March 5th,2018)

Recent data trend

In December 2017, the average exchange rate of USD/JPY was 112.9, with Yen depreciating slightly from the average of 112.8 in November 2017.The Real Effective Exchange Rate of Yen in November was 73.67 (2010=100), appreciating from 73.75 in October 2017. The level is still very weak though, comparable to where yen was in the late 1970s. ...

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Brief Overview of “Exchange Rates” 

Exchange rates statistics for Japan that appear on this page come from Bank of Japan. For more details and for most recently updated statistics, please see their official pages.

Foreign Exchange Rates

Effective Exchange Rates

Nominal EER of USD is calculated as geometric weighted averages of bilateral exchange rates. Real EER of USD uses the same weighted averages of bilateral exchange rates adjusted by relative consumer prices.The effective exchange rate indices for USD (nominal and real) are released on a monthly basis by the Bank of International Settlements (BIS). For more information, please visit the official website.

Next Release Date: April 4th, 2018

Daily Chart

Published daily by the Bank of Japan.

Note: The Yen Index represents the nominal effective exchange rate of the yen (daily). The methodology of its calculation is basically based on that of the effective exchange rate released by the Bank for International Settlements (BIS). ( The weights of trade are calculated once every three years.


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