Ruqayyah Snyder
The Japanese yen and the Australian dollar are two of the most traded currencies in the foreign exchange market. As of April 2025, 1000 Japanese yen is equivalent to about 11 Australian dollars. Currency exchange rates are dynamic and constantly fluctuating, so it is important to keep an eye on current market trends and check the latest rates before exchanging money.
| Characteristics | Values |
|---|---|
| Date | April 21, 2025 |
| Time | 05:35 AM UTC |
| 1,000 Japanese Yen | 11.066 Australian Dollars |
| 1 Japanese Yen | 0.01094685 Australian Dollars |
| 1 Australian Dollar | 91.3505 Japanese Yen |
| Average Exchange Rate | 0.01012 Australian Dollars per Japanese Yen |
| High Point for JPY/AUD Rate | April 8, 2025 |
| Low Point for JPY/AUD Rate | July 10, 2024 |
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What You'll Learn
1000 Yen = 11.066 AUD
As of April 21, 2025, 1,000 Japanese yen was worth 11.066 Australian dollars. This exchange rate was current at 5:35 AM UTC on that day. Exchange rates are dynamic and constantly fluctuating, so it is always a good idea to check the current rate before carrying out an exchange.
The Japanese yen is the official currency of Japan and one of the most traded currencies in the foreign exchange market. Known for its role as a safe haven during economic uncertainty, the yen is heavily influenced by Japan's status as the world's third-largest economy.
The Australian dollar, on the other hand, is the official currency of Australia and its external territories. It is known for its high liquidity and popularity in the Asia-Pacific region. The Australian dollar is heavily influenced by commodity prices and reflects Australia's robust trade ties with global markets.
Over the last decade, the highest rate from JPY to AUD was on March 18, 2020, when each JPY was worth $0.01593 AUD. The average exchange rate from April 19, 2024, to April 18, 2025, was 0.01012 AUD per JPY. The high point during this period was 0.01150 AUD per JPY on April 8, 2025, and the low point was 0.009168 AUD per JPY on July 10, 2024.
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Yen is the official currency of Japan
As of April 21, 2025, 1000 yen is worth 11.066 Australian dollars. The Japanese yen (Japanese: 円) is the official currency of Japan, with the symbol ¥ and the code JPY. It is the third-most traded currency in the foreign exchange market, after the US dollar and the euro, and is also widely used as a third reserve currency. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as 1.5 g of gold or 24.26 g of silver, and divided into 100 sen or 1,000 rin. The Meiji government officially adopted the "yen" as Japan's modern unit of currency on June 27, 1871. The yen replaced the previous Tokugawa coinage and the various hansatsu paper currencies issued by feudal han.
The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. The yen lost much of its pre-world war two value as Japan faced a debt crisis and hyperinflation. In 1897, Japan adopted the gold standard, and in 1973, the yen became a floating currency. The Japanese currency is known for its significant impact on global trade, reflecting Japan’s status as the world’s third-largest economy. Japan has a reputation for being a cash-based society, but there has been a recent increase in the acceptance of other payment methods. Cash is still a very popular payment method, especially for small amounts, and big bills are readily used and accepted.
The Osaka Mint Bureau is the head office of the Japan Mint, a governmental agency responsible for the supply of coins. The yen is also used as a safe haven during economic uncertainty. The Plaza Accord of 1985 affirmed that the dollar was overvalued, and this, along with shifting supply and demand pressures in the markets, led to a rapid rise in the value of the yen. The yen hit a peak of under 80 yen to the US dollar in April 1995, temporarily making Japan's economy nearly the same size as that of the US.
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AUD is heavily influenced by commodity prices
As of April 21, 2025, 1000 Japanese yen was worth 11.066 Australian dollars. The Australian dollar (AUD) is the official currency of Australia and its external territories. It is a fiat currency system, reflecting Australia's robust trade ties with global markets. The AUD is heavily influenced by commodity prices.
Australia is a major exporter of mining and agricultural commodities, which are often invoiced in USD. A large share of Australia's exports means that a change in commodity prices is likely to affect the demand for AUD and thus influences the exchange rate. The relationship between AUD and commodity prices has been studied by several researchers, including Simpson in 2002, who found a significant negative relationship between commodity price changes and AUD/USD exchange rate changes in the short term.
The impact of export commodity prices on the Australian dollar/US dollar exchange rate has been investigated using regression frameworks. The Reserve Bank of Australia (RBA) has explored the effect of four commodity sub-indices: Rural, Non-Rural, Base Metal, and Bulk commodities. The Australian dollar, along with the Canadian dollar and the New Zealand dollar, is known as a "commodity currency" due to its high correlation with commodities.
The AUD/USD exchange rate is influenced by commodity prices and Australian base metal indices. For example, keeping an eye on movements in the oil or gold markets can provide opportunities for trading the AUD/USD currency pair. The relationship between commodity prices and the AUD/USD exchange rate is complex and influenced by various factors, including statistical techniques and timeframes.
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JPY is a safe haven during economic uncertainty
As of April 21, 2025, 1000 Japanese yen was worth 11.066 Australian dollars. The Japanese yen (JPY) is often regarded as a prominent choice among investors as a safe haven during economic uncertainty. This can be attributed to its historical context and various factors contributing to its stability in times of market uncertainty.
The Japanese yen's journey as a safe haven currency dates back several decades. During the 1990s, Japan experienced a prolonged period of economic stagnation, resulting in low-interest rates and a deflationary environment. In response, the Bank of Japan (BOJ) implemented expansionary monetary policies, leading to an increase in the supply of yen. Consequently, the yen became a funding currency for carry trades, where investors borrowed at low interest to invest in higher-yielding assets.
The JPY's safe haven status gained prominence during significant market events, such as the Asian financial crisis in the late 1990s and the 2008 global financial crisis. Japan's strong and stable economy, backed by advanced technology, robust manufacturing sectors, and high savings rates, contributes to the yen's attractiveness during uncertain times. Additionally, Japan consistently maintains a current account surplus, exporting more than it imports, further signifying economic strength and stability.
The low-interest-rate policy of the Bank of Japan also makes the yen attractive for investors seeking safety. During times of economic turbulence, investors often seek safe haven currencies as a form of financial security. These currencies are typically issued by stable and economically robust countries, making them a reliable store of value. The JPY is known for its strong liquidity and stable political system, making it a safe haven choice.
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JPY/AUD rate is up +9.06%
As of April 21, 2025, 1000 Japanese yen was worth 11.066 Australian dollars. This is a relatively high rate compared to the previous year; for example, on July 10, 2024, the rate was 0.009168 Australian dollars per Japanese yen.
The JPY/AUD rate being up +9.06% means that the Japanese yen has increased in value compared to the Australian dollar. This is a notable increase in value, and it reflects the impact of global economic factors on the exchange rate between these two currencies.
The Japanese yen is known for its significant role in global trade, given Japan's status as the world's third-largest economy. It is also considered a safe haven currency during periods of economic uncertainty. On the other hand, the Australian dollar (AUD) is heavily influenced by commodity prices due to Australia's robust trade ties with global markets.
The exchange rate between the Japanese yen and the Australian dollar can fluctuate due to various economic factors, including interest rate changes, inflation rates, and the performance of the respective economies. It is always a good idea to check the latest currency exchange rates before making any foreign exchange transactions to ensure you are getting the most accurate and up-to-date information.
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Frequently asked questions
1000 Japanese yen is worth 11.066 Australian dollars.
You can use a currency converter app or website, such as Revolut or exchange-rates.org.
The exchange rate fluctuates constantly, so it is important to check the current rate before converting. As of April 2025, the rate was around 0.011 Australian dollars per yen.
The Japanese yen (¥) is the official currency of Japan and is one of the most traded currencies in the foreign exchange market.
The Australian dollar (AUD) is the official currency of Australia and its external territories. It is known for its high liquidity and popularity in the Asia-Pacific region.
