News
SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·Al JazeeraIs the US trying to force regime change in Cuba?·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·Al JazeeraIs the US trying to force regime change in Cuba?·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·
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Japanese Yen

JPY · Japan

26
Moderate
Risk
Historical Scores
142229Jul 2021Jul 2023May 2026
What does this mean for you?

The Japanese Yen is in decent shape overall, scoring 26 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You only need about 4.2%/yr to stay ahead. A basic savings account is enough. Calculator ↓

Inflation
2.7%
Debt / GDP
Not available
GDP Growth
0.1%
FX Volatility
23.7
Governance
1.5
Reserves
13.1 mo
Analysis
What's working well
Prices are stable — your money holds its value well
Strong institutions and rule of law
Healthy foreign currency reserves as a safety net
What to watch out for
No major concerns
Full Japan analysis →

Savings Impact Calculator

¥
Holding cash in JPY2.7% inflation
¥874−¥126 (13% purchasing power lost)
Your ¥1,000 buys 13% less in 5 years
What if you invested ¥1,000 instead? (5yr, in JPY terms)
Hold USD Cash
¥859
−¥141
-3.0%/yr net in JPY
S&P 500
¥1611
+¥611
range: ¥734–¥3176
10% USD return + 0.0% FX · ±16% vol
Gold
¥1469
+¥469
range: ¥418–¥4007
8% USD return + 0.0% FX · ±24% vol
Bitcoin
¥3052
+¥2052
range: ¥180–¥18.4k
25% USD return + 0.0% FX · ±54% vol

All values in JPY. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.0%/yr based on the inflation differential between Japan (2.7%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →

Recent News

All news →
SCMPNegativeMay 19
Texans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects
Bank of JapanMay 12
Japanese Government Bonds Held by the Bank of Japan
Bank of JapanMay 7
Japanese Government Bonds Held by the Bank of Japan
Bank of JapanApr 30
Quarterly Schedule of Outright Purchases of Japanese Government Bonds (Competitive Auction Method) (April-June 2026) (Schedule Updates)
Bank of JapanApr 22
Japanese Government Bonds Held by the Bank of Japan
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how JPY ranks differently.
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