AUD to JPY

2024 AUD JPY Forecasts

The Australian dollar (AUD) could be set to weaken against Japan’s Yen (JP¥) in 2024 if its central bank starts to unwind the country’s ultra-loose monetary policy settings. The Australian dollar (AUD) has traded around decade highs against Japan’s Yen (JP¥) in 2023 although the situation may be set to change as its economy begins to stir, according to analysts. The potential turnaround follows a strong year for the AUD against the JP¥, peaking at almost JP¥97.5 in June 2023 before falling to JP¥92.76 in August. Japan’s strong currency also helped underpin surging inbound tourism after it re-opened in October […]

Japanese yen

2023 AUD JPY Dollar Forecasts

This article shows what banks are predicting for the AUD to JPY exchange rate over the long term in 2023. The 2024 AUD JPY Forecasts are out now With most of 2023 out of the way, attention turns to 2024. Now that most economists have released their predictions for the AUD JPY exchange rate, head here to find out the most up to date forecasts:

Torii Gate Japan

Heading to Japan? The AUD to JPY just hit a 3 year high

  This week, the AUD to JPY exchange rate has risen to its highest level in over 3 years. It has been a tale of 2 stories. Firstly, the Australian dollar has been getting stronger against many major currencies. Secondly, and more importantly, the Japanese Yen has been much weaker. This means that it is now one of the best times to buy Japanese Yen with Australian Dollars in 2021. The Japanese yen has fallen in recent weeks, not just against the Australian dollar but against most other major currencies like the US dollar and Euro. Higher energy prices have driven […]

Japanese yen

The Best (and Worst) Time to Buy Japanese Yen with Aussie Dollars

  The best time to buy Japanese Yen with Australian dollars in the last 12 months was on November 16, 2023. This is because the AUD/JPY hit 98.477. The same applies to anyone transferring money to Japan. In contrast, the worst time in the past year was on March 25, 2023. The same rate bottomed out at 86.79 compared with the current rate of . While it’s nearly impossible to time the market perfectly, if you are travelling to Japan and need to buy yen, a higher AUD/JPY exchange rate rate is better for you. It means that you will […]