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AUD/JPY

Australian dollar (AUD) to Japanese yen (JPY) exchange rate.

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Product Type: CurrenciesMarket: Global
Trading Hours:  24 hours, Mon-Fri.
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Description:

The Australian dollar to Japanese yen (AUD/JPY) is a currency cross of the yen, traded less actively than the Major currency pairs which dominate the foreign exchange market.  AUD/JPY indicates how much of the yen is needed to buy one Aussie. The currency pair is greatly affected by factors such as the countries’ respective economic policies, unemployment rates, exports and imports statics and gross domestic product (GDP) growth.      

Interesting Facts:

  • Australia is known as the Land of Plenty. Immensely rich in natural resources, it is one of the worlds’ top exporters of metals, minerals and agriculture commodity products.
  • Australia's export efforts are directed mainly to Northeast and West Asia: third of which to China, a fifth to Japan, and another fifth to South Korea and India.
  • Japan’s economy is the 3rd largest in the world by nominal gross domestic product (GDP) and the 4th largest by purchasing power parity (PPP). It is also the 2nd largest creditor to the US (after China), making it highly reliant on American consumers.