The live Australian-dollar-to-yen rate, updated every minute. Book AUD→JPY with SummitFX on WhatsApp — same-day yen settlement when you transact during the European morning.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a AUD amount to see what you'd get in JPY, or enter a target JPY amount to see how many Australian dollars you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.5–0.9% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
AUD/JPY is the textbook carry-trade pair and one of the most-watched real-time gauges of global risk sentiment in FX. Australia historically runs higher interest rates than Japan; the spread incentivises borrowing yen at near-zero cost and investing in higher-yielding Australian assets. When global risk appetite is strong, capital flows into the carry trade and AUD/JPY rallies. When risk-off hits, carry trades unwind rapidly — often pushing AUD/JPY 3-5% lower in days. The pair amplifies global risk dynamics because both currencies move in the same direction (AUD weakens on commodities/risk-off, JPY strengthens on safe-haven flow), creating a double-direction move.
Reserve Bank of Australia policy: The RBA sets Australian interest rates and meets monthly except January. The cash rate is the dominant AUD driver. The RBA-BoJ policy gap is structurally wide given Japan's ultra-loose history, making AUD/JPY especially sensitive to RBA decisions and forward guidance.
Commodity prices: Australia is heavily commodity-dependent — iron ore, coal, gas, lithium, gold. Rising commodity prices typically support AUD; falling prices weigh on it. China's industrial demand for these commodities is the dominant input.
China data: China is Australia's largest trading partner, taking around 30% of Australian exports. Chinese PMI, industrial production, and stimulus announcements often move AUD more than Australian domestic data. AUD/JPY is partly a play on Chinese economic momentum.
Risk sentiment and carry trade flows: AUD/JPY is the single cleanest 'risk-on/risk-off' pair in major FX. When carry trades work, capital flows into AUD-denominated assets funded by yen. When risk-off hits, carry unwinds rapidly. The pair's role as a risk barometer means it often moves before other risk-sensitive pairs.
Australian labour and inflation: Monthly employment prints and quarterly CPI are key. Tight labour market readings combined with sticky inflation tend to support the AUD by raising rate-hike expectations and widening the carry differential against JPY.
Bank of Japan policy: The BoJ has historically run the world's loosest monetary policy. Slow normalisation under Governor Kazuo Ueda is now under way; every BoJ meeting is closely watched for hints of further policy shifts. Decisions and the post-meeting press conference are the biggest scheduled JPY events.
Safe-haven repatriation: Japanese institutional investors hold trillions in foreign assets. In stress episodes they repatriate capital home, generating massive JPY buying. This is why JPY strengthens sharply in 'risk-off' even though Japan often has the lowest yields. AUD/JPY is particularly sensitive to these flows because AUD weakens simultaneously.
MoF intervention threat: Japan's Ministry of Finance has a history of FX intervention. Verbal warnings ('excessive moves', 'speculative behaviour') often precede actual intervention. While intervention typically targets USD/JPY and JPY trade-weighted index, AUD/JPY moves with USD/JPY enough that intervention affects this pair too.
Japanese inflation: Japan emerged from chronic deflation only recently. Sustained inflation above 2% justifies BoJ normalisation; soft prints push expectations the other way. CPI moves the yen disproportionately because it's such a meaningful policy signal.
Fiscal year-end (March): Japanese institutions rebalance around 31 March. Repatriation flows in February-March often strengthen JPY; April typically sees yen weakness as new fiscal-year outbound flows resume. This is a predictable seasonal pattern in AUD/JPY.
Australia and Japan share one of the most complementary major bilateral relationships globally — Australia exports raw materials (iron ore, coal, LNG) to fuel Japanese industry, and Japan exports manufactured goods (cars, electronics, machinery) back. Bilateral trade is worth around A$110 billion annually, with Japan as Australia's second-largest trading partner after China. Japanese institutional investors are major holders of Australian government bonds (around 8% of foreign-held ACGBs) and AUD-denominated credit. Toyota, Honda, Mitsubishi, and Nissan have substantial Australian operations. Japanese-Australian migration generates ongoing family flow, particularly in Sydney, Melbourne, and Cairns. The corridor is genuinely deep and balanced.
Japan is roughly an hour behind Australia (depending on Australian state and DST), but both are 8-11 hours ahead of central Europe. To get same-day yen delivery from European-routed transactions, the conversion needs to happen during the European morning so the Japanese banking day is still active.
Three things most commonly cause AUD→JPY transfers to slip past same-day:
Late AUD funding. Our cutoff is 12:00 UK time for same-day yen settlement — earlier than most pairs because Japanese banks close in the European morning. AUD wires from Australia typically arrive in Europe in the UK overnight, but late Australian-day bookings can miss the cutoff. SWIFT AUD wires generally take a few hours for international settlement.
Japanese intermediary bank routing. SWIFT wires to smaller Japanese banks may route through a Tokyo correspondent (Mizuho, MUFG, SMBC are the typical hubs). This adds processing time. Major Japanese megabanks credit fastest.
Japanese public holidays. Japan has more public holidays than most major economies — including Golden Week (late April/early May), Obon (mid-August), Silver Week (September), and the multi-day New Year period in early January. Japanese banks close entirely on these days.
For tight yen deadlines — Japanese property completions, supplier payments, large corporate transfers — book the day before or use forward contracts. Forwards are particularly useful for AUD/JPY given the pair's volatility and carry-trade sensitivity; locking in advance protects against sharp moves on policy, intervention, or risk-off events.
AUD/JPY is the corridor for Australian residents and businesses with meaningful yen-denominated obligations, plus anyone with Japanese property, business interests, or family ties. Common use cases:
Australian buyers purchasing Japanese property — Tokyo apartments, Niseko ski properties (a particularly active corridor given Niseko's popularity with Australian skiers), Kyoto traditional homes. Forward contracts protect deal economics from currency moves during the typical few-weeks-to-months conveyancing window.
Australian businesses sourcing Japanese cars (Toyota, Honda, Mazda, Mitsubishi, Subaru), electronics, machinery, and specialist manufacturing. Tight spreads on regular high-volume payments protect margin. Toyota Australia's manufacturing has wound down but Japanese auto distribution remains huge.
Australian iron ore, coal, and LNG exporters receiving JPY revenue from Japanese buyers — though most contracts price in USD, JPY-denominated invoicing exists for some shipments. Repatriating JPY receipts to AUD or hedging future shipments via forward contracts is standard practice for some Australian exporters.
Australian students at Japanese universities (Tokyo, Kyoto, Osaka), exchange programmes, or working holiday visa holders supported by Australian-based families. Predictable payment schedules suit forward contracts.
Niseko (Hokkaido) is one of the world's most popular ski destinations for Australians. Beyond property purchases, Australian families and businesses generate ongoing JPY flow for ski seasons, accommodation, and operating costs of Australian-owned tourism businesses in the region.
Australians returning from Japan transferring JPY savings to AUD; or Japanese residents returning home transferring AUD wealth to JPY. Large one-off transfers where broker spreads vs bank spreads make a meaningful difference.
You can convert Australian dollars to yen through your bank, through a transfer app, or through a broker. AUD/JPY is one of the most-traded non-USD/EUR/GBP pairs globally, but bank markups remain wide for retail customers — making broker access valuable.
Everything clients typically ask about sending Australian dollars to yen. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
We never forecast — but the chart above puts today's rate in context. AUD/JPY is one of the most volatile major crosses because it amplifies global risk sentiment — it tends to rally in risk-on phases (carry trades active) and crash in risk-off (carry unwinds plus yen safe-haven flow). Rate alerts let you set a target and wait passively rather than guessing on macro.
Australian and Japanese banks typically mark up AUD/JPY by 2–4% for retail customers. SummitFX spreads are 0.5–0.9% depending on size. On an A$500,000 corporate or property transfer that's a saving of A$10,000–A$22,500 in your favour.
Book and fund by 12:00 UK time on a business day and yen typically lands in your beneficiary's Japanese account the same Japanese business day. The early UK cutoff exists because Japanese banks close in our morning. Late bookings settle T+1 in Japanese terms.
Yes — and it's particularly valuable for this pair given AUD/JPY's volatility. A forward contract fixes today's rate for delivery up to 24 months ahead. You pay a deposit (typically 5–10% of the trade) upfront and settle the balance at delivery. Common for Niseko property purchases, Japanese supplier contracts, and ongoing tourism business operations.
No hard minimum — we handle trades from A$500 to A$5m+. Below around A$5,000 the spread widens slightly to cover fixed execution costs. For recurring smaller payments, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise 0.6–0.9%, SummitFX 0.5–0.9% — with our clients also getting a named dealer and WhatsApp access.
Because Australia historically runs higher interest rates than Japan — the rate differential incentivises borrowing yen at near-zero cost and investing in higher-yielding Australian assets. When global risk appetite is strong, capital flows into this trade and AUD/JPY rallies. When risk-off hits, carry trades unwind rapidly — both AUD weakening (commodities sell off, risk-off flows) and JPY strengthening (safe-haven repatriation) push the pair sharply lower in a 'double-direction' move. This makes AUD/JPY one of the cleanest real-time risk gauges in FX.
Your rate is locked the moment you reply CONFIRM on a quote. Even if a carry-trade unwind sends AUD/JPY 3% lower in a single session before your AUD wire reaches us, the rate you receive stays exactly as booked. AUD/JPY is one of the most volatile major pairs; locking in advance is essential for any time-critical Japanese payment.
Message us on WhatsApp and we'll have a live executable rate back in seconds.