PHP/JPY
Market Open
15 Jun, 09:45
¥
2. 655520
+0.049083
+1.8832%
¥
8,154 Volume
¥ 2.606437
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PHPJPY Overview
PHPJPY denotes the exchange rate expressing how many Japanese yen are required to buy one Philippine peso. It tracks the value of the Philippine Peso (ISO code PHP) quoted against the Japanese Yen (ISO code JPY) in the foreign exchange market.
The Philippine Peso is the official currency of the Republic of the Philippines, used across the archipelago for domestic transactions and pricing. It is issued and supervised by the Bangko Sentral ng Pilipinas (BSP), which implements monetary policy, issues currency and oversees financial stability.
The Japanese Yen serves as Japan’s legal tender and is widely used in regional and global finance. The currency is issued under the authority of the Bank of Japan (BoJ), which conducts monetary policy, sets interest rates and can intervene in FX markets when required.
Movements in PHPJPY reflect supply and demand dynamics and are influenced by relative interest rates, inflation differentials and monetary policy divergence between the BSP and BoJ. Trade balances, remittance flows, capital movements, and geopolitical or risk‑sentiment shifts also affect the pair’s price discovery.
Market participants monitor PHPJPY for trade settlement, hedging cross‑border exposures and tactical speculation; it is particularly relevant for exporters, importers, investors and corporates with Philippines–Japan economic links.
The Philippine Peso is the official currency of the Republic of the Philippines, used across the archipelago for domestic transactions and pricing. It is issued and supervised by the Bangko Sentral ng Pilipinas (BSP), which implements monetary policy, issues currency and oversees financial stability.
The Japanese Yen serves as Japan’s legal tender and is widely used in regional and global finance. The currency is issued under the authority of the Bank of Japan (BoJ), which conducts monetary policy, sets interest rates and can intervene in FX markets when required.
Movements in PHPJPY reflect supply and demand dynamics and are influenced by relative interest rates, inflation differentials and monetary policy divergence between the BSP and BoJ. Trade balances, remittance flows, capital movements, and geopolitical or risk‑sentiment shifts also affect the pair’s price discovery.
Market participants monitor PHPJPY for trade settlement, hedging cross‑border exposures and tactical speculation; it is particularly relevant for exporters, importers, investors and corporates with Philippines–Japan economic links.
PHPJPY Chart
PHPJPY FAQ
What is the current PHP/JPY price?
The current rate is ¥2.655520, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the PHP/JPY rate changed today?
The rate has changed by +0.049083 (+1.8832%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ¥2.606437, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is PHP/JPY moving up or down?
Movements in PHP/JPY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.8832%) is based on the difference between the current rate and the previous closing rate.
Is PHP/JPY trending up or down right now?
If the current rate (¥2.655520) is above the previous close (¥2.606437), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for PHP/JPY directly on this page.
