USD to JPY in July 2026: high, low, average
Updated September 26, 2026
The dollar averaged 162.51 Japanese yen in July 2026, based on 23 ECB-based cross rates. For most of the month the dollar crept higher, reaching 163.91 on July 28. Then the last two fixings changed the picture: the dollar fell 0.45% on July 30 and 1.66% on July 31, closing the month at its low of 160.24.
A slow climb and a sudden drop
July 1 to 10: choppy. The dollar started at 162.71, dipped to 161.15 on July 3, jumped 0.74% on July 6, the biggest gain of the month, and moved back and forth between 161.87 and 162.49.
July 13 to 28: a steady climb. The dollar rose on most fixings, from 162.14 on July 13 to 163.82 on July 24 and the high of 163.91 on July 28. Daily moves were small, mostly around 0.2%.
July 29 to 31: the reversal. Three falls in a row, ending with the sharpest move of the month on July 31. That single day erased more than the whole climb of the second half.
Up days outnumbered down days 13 to 10, and the dollar still ended the month 1.52% lower than it started.
Daily USD/JPY rates, July 2026
| Day | Rate (JPY) | Daily change |
|---|---|---|
| July 1 | 162.71 | +0.17% |
| July 2 | 161.58 | -0.69% |
| July 3 | 161.15 | -0.27% |
| July 6 | 162.34 | +0.74% |
| July 7 | 161.89 | -0.28% |
| July 8 | 162.49 | +0.37% |
| July 9 | 162.41 | -0.05% |
| July 10 | 161.87 | -0.33% |
| July 13 | 162.14 | +0.17% |
| July 14 | 162.22 | +0.05% |
| July 15 | 162.39 | +0.1% |
| July 16 | 162.2 | -0.12% |
| July 17 | 162.35 | +0.1% |
| July 20 | 162.38 | +0.02% |
| July 21 | 162.74 | +0.22% |
| July 22 | 163.07 | +0.2% |
| July 23 | 163.47 | +0.25% |
| July 24 | 163.82 | +0.21% |
| July 27 | 163.64 | -0.11% |
| July 28 | 163.91 | +0.17% |
| July 29 | 163.68 | -0.14% |
| July 30 | 162.94 | -0.45% |
| July 31 | 160.24 | -1.66% |
Figures and comparisons
| Measure | USD/JPY |
|---|---|
| Average | 162.51 |
| High | 163.91 (July 28) |
| Low | 160.24 (July 31) |
| First fixing | 162.71 |
| Range | 2.3% |
| June 2026 average | 160.72 |
| July 2025 average | 146.91 |
The July average was 1.11% above June and 10.62% above July 2025. Over twelve months the yen has lost a lot of ground against the dollar.
Why the last day matters
When a month ends with a big move, the monthly average and the closing rate tell different stories. The average of 162.51 describes July as a whole. The closing rate of 160.24 describes where the market stood going into August. For decisions made in early August, the closing rate was the better guide.
For accounting, both have their place: the average for income and expense items, and the closing rate for revaluing dollar or yen balances at the end of July, if the accounting policy allows ECB-based rates.
What a weak yen means
For visitors to Japan. Tourists paying in dollars found Japan much cheaper than a year ago. At the July average, one yen was worth 0.0061538 dollars.
For Japanese importers. Energy, food and raw materials priced in dollars cost far more in yen than last year.
For Japanese exporters. Car makers and electronics firms earning dollars converted them into more yen, which supports reported profits.
For investors. Japanese holders of US assets gained in yen terms over the year, and the drop at the end of July trimmed some of that gain.
What to do
- Find the rate for your date on USD/JPY daily rates in July 2026.
- See the peak of the month on USD/JPY on the high day of the month.
- Compare all months on USD/JPY in 2026.
- Check the USD to JPY exchange rate today, and use the 100 USD to JPY converter for quick sums.
Questions and answers
What was the average USD to JPY rate in July 2026?
The dollar averaged 162.51 Japanese yen across 23 ECB-based cross rates in July 2026.
What happened to USD/JPY at the end of July 2026?
The dollar fell 0.45% on July 30 and 1.66% on July 31, closing the month at its low of 160.24 yen.
How much weaker was the yen than a year earlier?
The July 2026 average of 162.51 was 10.62% above the July 2025 average of 146.91 yen per dollar.