Updated at 9:00 am on Thursday (May 1, 2025), the Japanese Yen exchange rate in national banks has decreased slightly, while on the international market, the USD/JPY exchange rate fluctuated around 143 when the American and Japanese economic data sent mixed signals.
National Yen rate
Japanese yen exchange rate Today, noted at the end of May 1, 2025 in banks, more specifically as follows:
At Vietcombank, the Japanese Yen exchange rate Vietcombank is 175.59 VND/JPY and the sales rate is 185.68 VND/JPY.
At Vietinbank, the exchange and sales exchange rates of Yen are equivalent to 178.69 VND/JPY and 188.69 VND/JPY.
At the BIDV bank, the purchase and sale rates of the Japanese Yen reached 178.74 VND/JPY and 187.04 VND/JPY respectively.
At Agribank, the purchase and sale rates of the Japanese Yen are respectively 178.38 VND/JPY and 186.56 VND/JPY.
At Eximpank, purchase and sale rates are respectively 178.91 VND/JPY and 186.14 VND/JPY.
At Sacombank, the purchase and sale rates of the Japanese Yen are respectively 176.15 VND/JPY and 186.18 VND/JPY.
At Techcombank, purchase and sale rates are respectively 175.44 VND/JPY and 185.84 VND/JPY.
At the NCB bank, the Japanese Yen exchange rate is 176.31 VND/JPY for purchase and 186.67 VND/JPY for sale.
At the HSBC bank, the Japanese Yen purchase rate is 178.27 VND/JPY and the sale rate is 186.13 VND/JPY.
According to the survey, the current exchange rate of the Japanese Yen at Eximbank is the bank with the highest Japanese Yen purchase rate and Techcombank is the bank with the lowest Japanese Yen sales rate among banks.
-Yen exchange rate on the “black market”
Today, on May 1, 2025, by examining the black market, the Japanese/VND Yen exchange rate was negotiated at 182.46 VND/JPY for purchase and 183.66 VND/JPY for sale.
In Hanoi, the largest Hanoi exchange street which allows you to exchange many types of foreign currency is the street street of Ha Trung. In Ha Trung Changes Street, you can exchange popular foreign currencies on the market today such as the USD (US dollar), Euro, Yen (Yen Japanese), Won (Won Korean), … and many other currencies. Therefore, the Japanese Yen Ha Trung exchange rate is also a keyword that interests readers and the Quoc Trinh ha Trung store is an address that is much announced on social networks. However, when you exchange money in these streets of foreign currency, you must comply with the regulations of the Vietnamese law.
Evolution of the Japanese Yen exchange rate on the international market
During the negotiation session on Thursday in the United States, the Japanese yen increased slightly compared to the US dollar, pulling the USD/JPY exchange rate towards the level of 143.00. This fluctuation reflects the prudence of investors in the face of a series of unfavorable economic data from the United States and Japan.
The latest report of the Bureau of Economic Analysis of the United States has shown that GDP in the first quarter of 2025 has unexpected 0.3 %unexpectedly, unlike growth expectations of 0.4 %. This is the first quarterly drop since 2022, mainly due to a drop in public spending and a sharp increase in imports. At the same time, the basic PCE inflation index – one of the preferred political measures of the American Federal Reserve (Fed) – has cooled at 2.3 % as expected, while the labor market also lost its momentum with only 62,000 new jobs created in April.
In Japan, the Yen has retained its refuge asset position in a context of slowing global growth. Despite low national data, with industrial production down 1.1% in March and retail sales below expectations, the Yen has experienced a constant purchase interest in a context of concerns about the prospects for the resumption of the third world economy.
Forecast of evolution of the Japanese Yen exchange rate
In a context of many uncertainties, analysts believe that the USD/JPY exchange rate could continue to fluctuate in a narrow range. On the market, technical indicators such as the RSI and the MacD show that the feeling of investors is always divided, reflecting a short -term correction trend.
The attention is now focused on future economic data, in particular the report on non-agricultural jobs (NFP) in the United States and the Manufacturer PMI, which could shape the position of the Fed monetary policy in the future.
On the other hand, the Bank of Japan (BOJ) should maintain its unchanged interest rate policy at its next meeting to avoid adding pressure on a low recovery economy. However, the possibility that the BO gradually normalizes its policy cannot be completely excluded, especially since large national companies have started to propose significant wage increases, a sign that inflation could be more durable in the medium term.
At the same time, the commitment of the American president Donald Trump to reduce import rights on components and progress in commercial negotiations with partners such as China and Canada also shape positive expectations, encouraging investors to continue to closely monitor the evolution of policies of the two main economies.
