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EUR/JPY - Live Chart & Exchange Rate

1 EUR = 180.6076 JPY

Indicative rate, updated 7 hours ago. Not a live dealing rate - confirm with your broker before trading.

EUR/JPY Sentiment Gauge

A live technical-analysis reading for EUR/JPY, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

EUR/JPY is a cross pair - traded without the US Dollar as an intermediary - driven by European Central Bank policy and Eurozone economic data and Bank of Japan policy and its role as a safe-haven currency. Cross pairs can be more volatile than majors since two independent economies drive the price at once.

Rates shown here are indicative only. Confirm the exact rate and spread with your broker before trading.

EUR/JPY Key Statistics

Latest

179.700

25 Sep 2026

Highest on record

187.720

17 Apr 2026

Lowest on record

89.3000

26 Oct 2000

12-month average

182.752

172.470 – 187.720

30 days: -3.19% 90 days: -2.50% 1 year: +2.86% 3 years: +13.83% 5 years: +38.78% 10 years: +59.70%

Over the past year EUR/JPY has risen 2.86%, meaning the EUR has strengthened against the JPY. In the last 30 days it has moved down 3.19%. Across the last 12 months it traded between 172.470 and 187.720. Its highest level in the available history (since 1999) was 187.720 on 17 Apr 2026, and its lowest was 89.3000 on 26 Oct 2000.

Based on daily data from 4 Jan 1999 to 25 Sep 2026. Source: ECB reference rates (via Frankfurter). A rising rate means the EUR is strengthening against the JPY. Past performance does not predict future results.

What Moves EUR/JPY

A pair's price is one currency's value measured against another, so the economy behind each side matters.

Euro (EUR)

Eurozone · European Central Bank (ECB) · Free float

The Euro is the shared currency of most EU member states and the world's second most-traded currency. Its value reflects the combined economies of the Eurozone, led by Germany and France.

Major contributors to the economy

  • Advanced manufacturing (autos, machinery, chemicals)
  • Services and finance
  • Tourism
  • Pharmaceuticals
  • Luxury goods and exports

Key factors

  • ECB interest-rate policy. ECB decisions and forward guidance shape rate expectations relative to the US and UK.
  • German and Eurozone economic data. PMIs, industrial production and the German Ifo/ZEW surveys signal the health of the bloc's largest economy.
  • Energy prices. The Eurozone imports much of its energy, so gas and oil price spikes hurt the Euro.
  • Political and fiscal fragmentation. Elections, budget disputes and sovereign bond spreads in countries such as France and Italy can weigh on the Euro.

Japanese Yen (JPY)

Japan · Bank of Japan (BoJ) · Free float

The Yen is the world's third most-traded currency and a classic safe haven. Japan's very low interest rates for decades made the Yen the favourite funding currency for "carry trades".

Major contributors to the economy

  • Automotive and transport equipment
  • Electronics and robotics
  • Machinery
  • Services and finance
  • Tourism (a growing FX earner)

Key factors

  • Bank of Japan policy. Any move away from ultra-loose policy (ending yield-curve control, raising rates) can trigger sharp Yen rallies.
  • US–Japan interest-rate gap. A wide gap between US and Japanese yields pushes the Yen lower as investors borrow Yen to buy higher-yielding assets.
  • Risk sentiment. In market stress, carry trades unwind and the Yen typically strengthens.
  • Government intervention. Japan's Ministry of Finance has stepped in to buy Yen when it weakened too fast.
  • Energy import costs. As a large energy importer, higher oil and gas prices widen Japan's trade deficit and weigh on the Yen.

How EUR and JPY Interact

The Japanese Yen is a traditional safe haven. In periods of market stress, investors tend to move money into it, which often pushes it higher against the Euro even when local economic data is unchanged.

Central-bank policy matters on both sides: the European Central Bank (ECB) and the Bank of Japan (BoJ). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • German 10-year Bund yield EUR

    Higher yields relative to US Treasuries tend to support the Euro

  • European gas prices EUR

    Spikes usually weaken the Euro

  • US 10-year Treasury yield JPY

    USD/JPY tends to rise and fall with US yields

  • Nikkei 225 JPY

    A weaker Yen typically supports Japanese exporters' shares

Events & Data to Follow

  • EUR ECB meetings and press conferences
  • EUR Eurozone flash CPI and PMIs
  • EUR German Ifo and ZEW surveys
  • JPY Bank of Japan meetings
  • JPY Japan CPI and Tankan survey
  • JPY Ministry of Finance intervention statements

Historical Milestones

  1. 1995 JPY

    USD/JPY fell to below 80, then a record low for the Dollar against the Yen.

  2. 1999 EUR

    The Euro launched, initially trading well above the Dollar before sliding to lows in 2000–01.

  3. 2008 EUR

    It peaked around $1.60 in mid-2008 just before the global financial crisis.

  4. 2010–12 EUR

    The sovereign debt crisis (Greece, Ireland, Portugal, Spain, Italy) put the Euro's survival in question.

  5. 2011 JPY

    After the Fukushima earthquake the Yen surged to postwar highs before coordinated G7 intervention.

  6. 2012–15 JPY

    "Abenomics" and massive monetary easing drove a large Yen depreciation.

  7. 2022 EUR

    The energy shock following Russia's invasion of Ukraine drove the Euro below parity with the Dollar for the first time in about 20 years.

  8. 2022–24 JPY

    A wide US–Japan rate gap pushed USD/JPY to multi-decade highs, prompting Japanese intervention and a sharp carry-trade unwind in August 2024.

Why EUR/JPY Matters to Zambian Traders

EUR/JPY is a cross pair, traded without the US Dollar. It is a useful way to practise analysing two economies at once, though spreads are usually wider than on the majors.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Political divergence between member states. (EUR)
  • Sensitivity to global trade and energy shocks. (EUR)
  • Sudden intervention or policy shifts can cause violent moves. (JPY)
  • Carry-trade unwinds can lift the Yen sharply within days. (JPY)

Most active: London and early New York sessions • Tokyo session and the London open

EUR/JPY FAQ

What is the current EUR/JPY exchange rate? +

1 EUR is worth about 180.608 JPY (indicative, updated 7 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of EUR/JPY? +

In the data we track (since 4 Jan 1999), EUR/JPY peaked at 187.720 on 17 Apr 2026 and bottomed at 89.3000 on 26 Oct 2000.

What moves the EUR/JPY exchange rate? +

EUR/JPY is influenced by the relative strength of the Euro and the Japanese Yen. Key factors include: ECB interest-rate policy, German and Eurozone economic data, Bank of Japan policy, US–Japan interest-rate gap. See the sections above for the full list.

When is the best time to trade EUR/JPY? +

Activity and liquidity are typically highest during: London and early New York sessions • Tokyo session and the London open. Spreads are usually tighter when the relevant markets are open.

Is EUR/JPY good for beginners? +

EUR/JPY can be more volatile or carry wider spreads than the major pairs, so it usually suits experienced traders better. If you are new, start with a demo account and a major pair. Trading forex carries a high risk of loss.

This page is educational and is not investment advice. Rates, statistics and commentary are indicative and may contain errors or be out of date. Forex and CFD trading carries a high risk of loss.