The commercial yen rate with the time it was taken, a two-way converter and a table that starts at 100 yen, because one yen says nothing.
We could not load the stored rate. Use the refresh button or type a rate below to convert.
Two very different groups of Brazilians look this rate up. One is travelling: Japan became a mass destination after the yen weakened, and prices there carry four and five digits that mean nothing until converted. The other moves money in the opposite direction. Brazil holds the largest Japanese diaspora in the world, and around two hundred thousand Brazilians live and work in Japan, which makes the remittance corridor from Japan one of the busiest this country has. For them the question here is not what a trip costs but what a month of work turns into after it crosses the ocean.
The yen also has a peculiar relationship with the real, and it runs through interest rates. Japan spent nearly three decades with rates at or below zero — the Bank of Japan only lifted them out of negative territory in March 2024, its first increase in seventeen years — while Brazil kept some of the highest rates on the planet. That gap made the yen the classic funding currency of the carry trade: borrow cheaply in yen, buy a high-yielding currency like the real. It works until it stops. When the Bank of Japan tightened in mid-2024, the unwinding of those positions shook markets worldwide within days, and pairs like this one moved hard with no Brazilian news behind them.
One detail explains the shape of the numbers: the yen has no subunit in use. The sen was withdrawn in 1953, so one yen is the smallest coin there is, and Japanese prices are simply written with more digits than Brazilian ones. The value at the top is the commercial rate, refreshed every half hour, with the exact instant of the quote beside it — a market reference, not a price tag. Yen banknotes are sold in Brazil, but outside the largest bureaus they are often not in stock and the spread is wider than on dollars or euros. Ask for the closed rate, add the IOF, and type that number into the rate field.
From the market feed for the yen against the real, stored here by a job that runs every 30 minutes; the date and time of that quote are printed under the value. The refresh button goes to the same feed live from your browser. Until you press it, the page makes no request at all, and at weekends the value holds at the Friday close.
Because this is the commercial rate, the wholesale reference banks trade at. Banknotes add the bureau spread and the IOF tax, and with the yen that spread tends to be wider than on dollars or euros, because Brazilian bureaus move far less of it. Ask for the final closed rate and compare it with the number above.
Not directly. A remittance is closed at the rate your bank or transfer service offers on the day: this commercial rate minus their spread, with fees and taxes on top. Services quote very differently on this corridor, so comparing is worth real money. Type the rate you were offered into the rate field and the converter shows what it costs.
It behaves as a refuge, partly for a mechanical reason: investors who funded positions by borrowing yen have to buy yen back to close them in a hurry. Japanese money returning from abroad adds to the same flow. A global scare can push the yen up even when nothing changed in Japan.
Vai.la turns any URL into a short link with click statistics, QR Code and your own biolink.
Vai.la is not responsible for how the tools are used or for decisions made based on their results.