BOJ publishes the standard exchange rate for November: JPY 156 per US dollar, with the Reporting Ordinance Rate the same dayThe "how many yen to a dollar" figure for November has been set (JPY 156)
On October 20, 2026 (Reiwa 8), the Bank of Japan published the standard foreign exchange rate and the arbitrated foreign exchange rates that apply during November 2026. The standard rate is JPY 156 of Japanese currency per US dollar, and the arbitrated rates are JPY 179 per euro, JPY 209 per pound sterling, JPY 190 per Swiss franc, JPY 111 per Canadian dollar and JPY 23 per Chinese yuan. The Reporting Ordinance Rate for November, which is the rate used for the conversion prescribed in Article 35, paragraph 2 of the Ordinance on Reports of Foreign Exchange Transactions, was published on the same day.
Key points
- Published on October 20, 2026. The rates apply during November 2026
- The standard foreign exchange rate is JPY 156 of Japanese currency per 1 US dollar of United States currency
- The arbitrated foreign exchange rates are JPY 179 per euro, JPY 209 per pound sterling, JPY 190 per Swiss franc, JPY 111 per Canadian dollar and JPY 23 per Chinese yuan (all in Japanese currency)
- The Reporting Ordinance Rate (for November) was published the same day. It is the rate used for the conversion prescribed in Article 35, paragraph 2 of the Ordinance on Reports of Foreign Exchange Transactions, and is stated in US dollar terms: USD 1.15 per euro, USD 1.34 per pound sterling, USD 0.716 per Canadian dollar and USD 0.148 per Chinese yuan
- In the Reporting Ordinance Rate, Japanese currency is stated as JPY 156 per 1 US dollar, the same level as the standard foreign exchange rate
What to do in practice
- If your company sets a conversion rate for foreign-currency transactions month by month, check the rates that apply for November
- If you file reports under the Foreign Exchange and Foreign Trade Act, use the Reporting Ordinance Rate for November
The Bank of Japan publishes a set of benchmark figures for exchanging foreign money and Japanese money. What it published on October 20, 2026 are the figures to use in November. One US dollar is JPY 156, one euro is JPY 179 and one Chinese yuan is JPY 23. Companies that buy things from abroad or sell things abroad use these as a benchmark when they think about foreign money in Japanese yen.
- Value of 1 US dollar used in November
- JPY 156
- x amount of the purchase
- USD 1,000
- How much in Japanese yen
- JPY 156,000
Points
- It was published on October 20, 2026, and the figures are used in November
- 1 US dollar = JPY 156, 1 euro = JPY 179, 1 Chinese yuan = JPY 23
- They are a benchmark for companies that deal in foreign money when they convert it into Japanese yen
What the words mean
- standard foreign exchange rate
- The figure for the US dollar shown as a benchmark for converting foreign money into Japanese yen
- arbitrated foreign exchange rate
- The same kind of benchmark figure, shown for currencies other than the US dollar
- Bank of Japan: Bank of Japan: Standard foreign exchange rate and arbitrated foreign exchange rates (applicable during November 2026, Reiwa 8)
- Bank of Japan: Bank of Japan: Reporting Ordinance Rate (for November)
Economic news presents published statistics and outlooks. It is not investment solicitation or trading advice. Figures are as of publication and may be revised.
This article summarizes and explains materials published by government agencies and is not advice on any individual case. Rules can change, so for actual procedures and decisions always check the latest original materials and consult professionals such as tax accountants or labor and social security attorneys. English, Simplified Chinese and Traditional Chinese versions are translations prepared from the Japanese articles for convenience. If anything differs, the Japanese text and the original source take precedence.