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SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Al JazeeraCanada’s Carney secures deal for pipeline to expand oil exports beyond US·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Al JazeeraCanada’s Carney secures deal for pipeline to expand oil exports beyond US·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·
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¥

Japanese Yen

JPY · Japan

27
Moderate
Risk
Historical Scores
142230Jul 2021Jul 2025Jul 2026
What does this mean for you?

The Japanese Yen is in decent shape overall, scoring 27 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 4.7%/yr to stay ahead. A basic savings account is enough. Calculator ↓

Inflation
3.2%
Debt / GDP
Not available
GDP Growth
1.2%
FX Volatility
33.0
Governance
1.5
Reserves
14.0 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

Savings Impact Calculator

¥
Holding cash in JPY3.2% inflation
¥855−¥145 (14% purchasing power lost)
Your ¥1,000 buys 14% less in 5 years
What if you invested ¥1,000 instead? (5yr, in JPY terms)
Hold USD Cash
¥866
¥134
-2.8%/yr net in JPY
S&P 500
¥1623
+¥623
range: ¥741¥3198
10% USD return + 0.2% FX · ±16% vol
Gold
¥1481
+¥481
range: ¥423¥4034
8% USD return + 0.2% FX · ±24% vol
Bitcoin
¥3073
+¥2073
range: ¥183¥18.5k
25% USD return + 0.2% FX · ±54% vol

All values in JPY. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.2%/yr based on the inflation differential between Japan (3.2%) 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 →

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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.