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Open <% currencies.converter.data.Current.closerate %>
High <% currencies.converter.data.Current.high %>
Low <% currencies.converter.data.Current.low %>
Change
<% currencies.converter.data.Current.absolute|toFixed:5 %> (<% currencies.converter.data.Current.percentage %>%)
Convert
<% 1 %> JPY = <% 1 * currencies.converter.rate |toFixed: 4 %> PHP
Into
<% 1 %> PHP = <% 1 / currencies.converter.rate |toFixed: 4 %> JPY
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<% signal.Current.pair %> <% signal.Current.rate %>
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JPY to PHP conversion rates
JPY
PHP
<% amount %> JPY
<% amount * currencies.converter.rate |toFixed: 4 %> PHP
PHP
JPY
<% amount %> PHP
<% amount / currencies.converter.rate |toFixed: 4 %> JPY
JPY to PHP charts
JPY/PHP Live Chart
JPY/PHP Historical Chart
What impacts the JPY/PHP exchange rate
The JPY/PHP symbol denotes the trading of the Japanese yen against the Philippine Peso - a forex pair consisting of one of the most popular safe haven currencies and a popular emerging market currency. The PHP was previously pegged to the dollar, from 1946 to 1962, and then went through multiple rounds of devaluation. Inflation has an important role in depreciation of the Philippine Peso, as a high inflation rate has driven it lower against other major currencies in the forex market.Market sentiment plays an important role in driving price action in this pair - a risk-on sentiment boosts investor confidence in trading emerging market currencies and sends them away from the safety of currencies like the JPY. On the other hand, when markets trade with a risk-off mood, the Japanese yen becomes a popular and safe choice among traders and they sell off riskier currencies like the PHP.Hence, a risk-on sentiment causes JPY/PHP to trade bearish while a risk-off mood turns this pair bullish. The volatility this forex pair experiences based on the market sentiment offers ample opportunities to generate profits as long as forex traders rely on careful analysis of fundamental and technical factors before coming up with trade ideas.
JPY to PHP exchange rate - FAQ
What economic events influence the exchange rate of JPY/PHP?

The JPY/PHP currency pair experiences significant volatility on the release of important economic data from Japan as well as the Philippines, including GDP, inflation, unemployment rate, PPI, retail sales, business confidence, trade balance, industrial production and PMI readings from manufacturing and services sectors.

What is a good time to trade JPY/PHP?

The JPY/PHP forex pair sees maximum volatility during the Asian session, when markets in Japan and the Philippines are open and most of the relevant fundamental developments that can affect both currencies release.

How does trade balance affect the value of the JPY and the PHP?

Trade is an important contributor to the economies of both Japan as well as the Philippines. As a result, trade balance is a key driver of price action in the JPY/PHP currency pair. For instance, if Japan posts a higher trade surplus than expected, it strengthens the JPY and turns this pair bullish, and vice versa.