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EUR/JPY - Live Chart & Exchange Rate

1 EUR = 179.1680 JPY

Indicative rate, updated 22 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 tracks the Euro against the Japanese Yen without the US Dollar in between. It moves on the relative outlook for the two economies, especially ECB and BoJ interest-rate policy.

Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.

EUR/JPY Key Statistics

Latest

179.1680

1 Oct 2026

Highest since Mar 2024

187.3742

15 Apr 2026

Lowest since Mar 2024

156.4491

11 Sep 2024

12-month average

182.7590

173.7036 – 187.3742

30 days: -3.50% 90 days: -3.49% 1 year: +3.15%

Over the past year EUR/JPY has risen 3.15%, meaning the EUR has strengthened against the JPY. In the last 30 days it has moved down 3.50%. Across the last 12 months it traded between 173.7036 and 187.3742. Its highest level in the data window (since March 2024) was 187.3742 on 15 Apr 2026, and its lowest was 156.4491 on 11 Sep 2024.

Based on weekly data from 6 Mar 2024 to 1 Oct 2026. Source: weekly rate snapshots (currency-api). 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 (20 EU countries) · European Central Bank (ECB) · Free float

The Euro is the world's second most traded and held reserve currency, shared by twenty European Union countries with a single monetary policy.

Major contributors to the economy

  • Advanced manufacturing and cars (Germany)
  • Services and finance
  • Tourism
  • Chemicals and pharmaceuticals
  • Agriculture and food

Key factors

  • ECB interest-rate policy. ECB decisions and guidance on rates and bond buying are the main driver of the Euro.
  • Eurozone inflation and growth. Flash inflation figures and business surveys (PMIs) shift rate expectations.
  • Energy prices. Europe imports most of its energy, so high gas and oil prices weigh on the Euro.
  • Political and debt risk. Elections and bond-spread stress in members such as Italy can hurt the currency.

Japanese Yen (JPY)

Japan · Bank of Japan (BoJ) · Free float

The Japanese Yen is the third most traded currency and a classic safe haven. Very low Japanese interest rates make it the main funding currency for "carry trades".

Major contributors to the economy

  • Cars and machinery
  • Electronics and semiconductors
  • Services
  • Overseas investment income

Key factors

  • Bank of Japan policy. Japan kept ultra-low rates for decades; any move towards higher rates strengthens the Yen.
  • Interest-rate gap. The gap between Japanese and foreign yields drives carry trades and Yen weakness or strength.
  • Risk sentiment. In global stress, carry trades unwind and the Yen tends to rally.
  • Government intervention. Japan's Ministry of Finance has intervened to stop sharp Yen falls.

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 tend to support the Euro

  • European natural gas prices EUR

    Spikes usually weigh on the Euro

  • Japanese 10-year government bond yield JPY

    Higher yields tend to support the Yen

  • Nikkei 225 JPY

    Often rises when the Yen weakens

Events & Data to Follow

  • EUR ECB monetary policy meetings
  • EUR Eurozone flash CPI
  • EUR German Ifo and ZEW surveys
  • EUR Eurozone PMIs
  • JPY Bank of Japan policy meetings
  • JPY Tokyo CPI
  • JPY Ministry of Finance intervention comments

Historical Milestones

  1. 1999 EUR

    The Euro launched as an accounting currency, with notes and coins following in 2002.

  2. 2010-12 EUR

    The Eurozone debt crisis pushed the Euro lower until the ECB pledged to do "whatever it takes".

  3. 2011 JPY

    After the Tohoku earthquake the Yen hit record highs, prompting G7 intervention.

  4. 2013 JPY

    "Abenomics" and massive BoJ easing began a long period of Yen weakness.

  5. 2022 EUR

    The energy shock after Russia's invasion of Ukraine pushed EUR/USD below parity for the first time in 20 years.

  6. 2024 JPY

    The BoJ ended negative interest rates, its first rate rise in 17 years.

Why EUR/JPY Matters to Tanzanian Traders

EUR/JPY lets traders in Tanzania trade a view on two economies without the US Dollar in between. Spreads are a little wider than on the majors, so it suits traders who already know how the two currencies behave.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Energy supply shocks. (EUR)
  • Political tensions between member states. (EUR)
  • Sudden intervention by Japanese authorities. (JPY)
  • Sharp moves when carry trades unwind. (JPY)

Most active: London and Frankfurt session • Tokyo session (and the London and New York sessions)

EUR/JPY FAQ

What is the current EUR/JPY exchange rate?

1 EUR is worth about 179.1680 JPY (indicative, updated 22 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 6 Mar 2024), EUR/JPY peaked at 187.3742 on 15 Apr 2026 and bottomed at 156.4491 on 11 Sep 2024.

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, Eurozone inflation and growth, Bank of Japan policy, 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 Frankfurt session • Tokyo session (and the London and New York sessions). Spreads are usually tighter when the relevant markets are open.

Is EUR/JPY good for beginners?

EUR/JPY is one of the more liquid pairs, with tight spreads at most brokers, which makes it a reasonable choice for beginners. Practise on a free demo account first.

This page is educational. Rates, statistics and commentary are indicative and may contain errors or be out of date.

Other Currency Pairs

EUR/GBP GBP/JPY EUR/CHF AUD/JPY EUR/AUD GBP/AUD All pairs →

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