AUD/JPY

The current AUD/JPY exchange rate is 113.7390, meaning 1 AUD equals 113.7390 JPY. The rate has decreased by -0.15% in the past 24 hours.

AUD/JPY has risen by +1.00% over the last week. The monthly change is a +2.22% rise.

The current spread for AUD/JPY is 0.0000, with a bid price of 113.7390 and an ask price of 113.7390. The spread represents the transaction cost for trading this currency pair.

AUD/JPY highest rate in the last year was 114.7010, and its lowest rate was 91.6740.

The AUD/JPY exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Australian Dollar and Japanese Yen, inflation rates, GDP growth, trade balances, and geopolitical events. Monetary policy decisions by each country's central bank are typically the most significant driver of currency movements.

Investors in Latin America can access the forex market through international brokerage platforms and regulated forex brokers. Many platforms accept local payment methods and only require a valid government ID or passport to get started. Make sure to choose a regulated broker with transparent fee structures.

AUD/JPY can be traded during 24/5 (Sun 22:00 - Fri 22:00 GMT). The forex market operates nearly 24 hours a day during the business week, with the highest liquidity typically during the London and New York session overlap.

Many investors in Latin America hold hard currencies like AUD (Australian Dollar) as a hedge against local currency devaluation. If your local currency loses value relative to AUD, your holdings in AUD preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.