The Japanese yen depreciated past 158 per dollar on Wednesday, remaining under pressure as heightened uncertainty over the Middle East conflict continued to support the dollar. The Trump administration sent mixed signals on the Iran war, with President Donald Trump saying the conflict could end soon, while senior officials indicated that military operations were intensifying and that diplomatic talks remained unlikely. Iran’s Revolutionary Guards dismissed Trump’s claims, warning that the blockade would continue until US and Israeli attacks cease. Meanwhile, oil prices declined further after reports that the IEA proposed the largest release of oil reserves in its history to help calm markets. Japan is highly vulnerable to oil shocks given its reliance on energy imports, but the country stands ready to tap its emergency reserves to offset supply risks. Meanwhile, data showed that producer prices in Japan rose 2% in February, marking the softest increase in nearly two years.

The USD/JPY exchange rate rose to 158.1160 on March 11, 2026, up 0.04% from the previous session. Over the past month, the Japanese Yen has weakened 3.52%, and is down by 6.66% over the last 12 months. Historically, the USDJPY reached an all time high of 358.44 in January of 1971. Japanese Yen - data, forecasts, historical chart - was last updated on March 11 of 2026.

The USD/JPY exchange rate rose to 158.1160 on March 11, 2026, up 0.04% from the previous session. Over the past month, the Japanese Yen has weakened 3.52%, and is down by 6.66% over the last 12 months. The Japanese Yen is expected to trade at 157.96 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 153.11 in 12 months time.



Crosses Price Day Year Date
USDJPY 158.1340 0.0820 0.05% 6.67% Mar/11
EURJPY 183.9170 0.4020 0.22% 13.94% Mar/11
GBPJPY 212.6860 0.6103 0.29% 10.67% Mar/11
AUDJPY 113.4290 0.9025 0.80% 21.04% Mar/11
NZDJPY 93.9850 0.2968 0.32% 10.75% Mar/11
CNYJPY 23.0340 0.0567 0.25% 12.51% Mar/11
CHFJPY 203.4530 0.3970 0.20% 21.03% Mar/11
CADJPY 116.6220 0.2413 0.21% 13.05% Mar/11
MXNJPY 9.0127 0.0360 0.40% 22.66% Mar/11
INRJPY 1.7224 0.0040 0.23% 1.56% Mar/11
KRWJPY 0.1078 0.0005 0.46% 5.86% Mar/11
IDRJPY 0.0094 0.00001 0.13% 4.49% Mar/11
ARSJPY 0.1131 0.0001 0.13% -18.46% Mar/11
CZKJPY 7.5455 0.0229 0.30% 16.93% Mar/11
DKKJPY 24.6338 0.0723 0.29% 13.87% Mar/11
HUFJPY 0.4796 0.0053 1.13% 19.17% Mar/11
MYRJPY 40.3251 0.0468 0.12% 20.42% Mar/11
BRLJPY 30.6234 0.3355 1.11% 21.77% Mar/10
RUBJPY 1.9898 -0.0252 -1.25% 15.28% Mar/10
 Currencies
 JPY...
 ...JPY



Related Last Previous Unit Reference
Japan Inflation Rate 1.50 2.10 percent Jan 2026
United States Inflation Rate 2.40 2.70 percent Jan 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Feb 2026
Japan Interest Rate 0.75 0.75 percent Feb 2026
United States Unemployment Rate 4.40 4.30 percent Feb 2026
Japan Unemployment Rate 2.70 2.60 percent Jan 2026

Japanese Yen
The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
158.12 158.05 358.44 75.55 1971 - 2026 Daily

News Stream
Yen Weakens as Iran War Weighs
The Japanese yen depreciated past 158 per dollar on Wednesday, remaining under pressure as heightened uncertainty over the Middle East conflict continued to support the dollar. The Trump administration sent mixed signals on the Iran war, with President Donald Trump saying the conflict could end soon, while senior officials indicated that military operations were intensifying and that diplomatic talks remained unlikely. Iran’s Revolutionary Guards dismissed Trump’s claims, warning that the blockade would continue until US and Israeli attacks cease. Meanwhile, oil prices declined further after reports that the IEA proposed the largest release of oil reserves in its history to help calm markets. Japan is highly vulnerable to oil shocks given its reliance on energy imports, but the country stands ready to tap its emergency reserves to offset supply risks. Meanwhile, data showed that producer prices in Japan rose 2% in February, marking the softest increase in nearly two years.
2026-03-11
Yen Firms Up as Oil Prices Drop
The Japanese yen strengthened to around 157.6 per dollar on Tuesday after weakening to nearly 159 in the previous session, as falling energy prices eased pressure on the country’s oil-importing economy. The yen also gained from the dollar’s retreat, with hopes for a swift end to the Iran war reducing safe-haven demand for the greenback. Trump said the US military operation in Iran is nearing its conclusion and running well ahead of the initial four- to five-week estimated timeframe. He also signaled plans to waive oil-related sanctions and have the US Navy escort tankers through the Strait of Hormuz to help keep oil prices in check. In Japan, fourth-quarter GDP growth was revised upward to 0.3% from an initial 0.1%, supported by strong domestic demand. Earlier data also showed real wages rose for the first time in 13 months, reinforcing the Bank of Japan’s case to continue normalizing monetary policy and providing the government flexibility to pursue its key policy objectives.
2026-03-10
Yen Extends Fall on Surging Oil Prices
The Japanese yen depreciated past 158.5 per dollar on Monday, hitting six-week lows as oil topped $100 a barrel amid concerns that a prolonged Middle East conflict could disrupt global energy supplies, weighing on oil-dependent economies. The US-Israeli war with Iran entered its second week with no resolution in sight, while major oil producers in the Middle East have been curbing production as shipments through the Strait of Hormuz remain halted. Japan relies on the Middle East for around 95% of its oil supplies with about 70% coming via the Strait of Hormuz, making the country particularly vulnerable to oil shocks. The government is considering tapping part of its national oil reserves as the Iran crisis continues. The yen was further pressured by a strengthening dollar, which benefited from its safe-haven appeal and revised expectations for Federal Reserve policy.
2026-03-09