Currency pair

USD/JPY

How to read USD/JPY, what a rising exchange rate means, and why currencies matter to international investments and spending.

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Snapshot · Sep 4, 2026

USDJPY · Japanese yen per U.S. dollar

156.2627+0.27%
Previous close
155.8440
Session low
155.2820
Session high
156.7520
52-week low
146.2170
52-week high
163.9790

What you’re looking at.

This quote is expressed in Japanese yen per U.S. dollar. When the number rises, one unit of the first currency buys more of the second. Reversing the pair changes the interpretation.

Why it matters.

Exchange rates affect overseas travel and purchases, international businesses, and the value of foreign investments when translated back to your home currency.

What this number cannot tell you.

A change in a currency pair is not the return of an international stock or bond fund. Local investment performance, currency exposure, fees, and any hedging all affect that outcome. Retail conversion rates also include provider charges.

More about this type of investment ↗

A question worth asking.

Which of my investments and future expenses are exposed to a currency other than the one I spend?

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