AUDJPY Bank Forecasts

AUD to JPY Exchange Rate Forecasts for 2022

This article looks at what the banks are predicting for the AUD to JPY exchange rate over the long term in 2022.

AUD to JPY: Optimism to Continue

As the global economy improves, top banks in Australia and New Zealand have a more optimistic outlook for the Aussie (AUD) compared to the Japanese Yen (JPY). This is illustrated in their AUD to JPY exchange rate forecasts in 2022.

AUDJPY forecasts from bank majors 2022

AUDJPY Forecast Chart 2022

Source: Multinational bank aggregate data


*Wholesale exchange rate updated


Wholesale exchange rate updated

AUD to JPY Predictions in 2022

In the short term

While the banks have predicted for the AUD to JPY exchange rate to rise slightly over the long term, there are plenty of influences on the Australian dollar and the Japanese Yen that can impact both currencies in the short term. These include:

  • Ski season in Japan and tourism is better than expected and Japan's economy bounces faster compared to Australia
  • Central bank policies to stimulate the economy is more effective in Japan than Australia, supporting the Yen
  • Japan or Australia is at risk of potential interest rate hikes as inflationary pressures continue to rise, leading to higher exchange rates
  • China’s demand for Australian commodities grows relatively more than Japanese manufacturing imports supporting the AUD
AUDUSD performance

What do bank analysts think about the AUD JPY in the long term?

The best time to exchange AUD to JPY

If you are travelling to Japan for the ski season and need to buy Japanese Yen, the best AUD to JPY exchange rate is when it is high. Alternatively, if you are selling Japanese currency either in cash or through a transfer, you want the rate to be as low as possible.

Whether you are buying or selling NZ dollars, no one can tell you when this "right" time is, but you can track the rate for free.

You set the rate you would like and let us to the work. We will email you when the AUD gets within the range you would like to buy Japanese Yen.

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