Buy price
214.875
GBP/JPY Exchange Rate Today — Live Chart and Analysis
GBP/JPY is an exchange rate that specifies how many JPY (Japanese Yen) can be converted into one GBP (British Pound), therefore the base currency is GBP and the price currency is JPY. If this rate declines, it means that JPY appreciates relative to GBP and if this rate increases it means that the JPY depreciates against the GBP. There are many macroeconomic factors/events (fundamentals) that affect GBP/JPY exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. Regarding the trade relationship between Great Britain and Japan, the latter imports 1.1% of Great Britain's total exports, whereas Great Britain imports 2.1% of Japan's total exports. The largest component of Great Britain's exports are machinery, nuclear reactor and boiler products whereas Japan's largest export components are vehicles other than railway, tramway. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.
Sell price
214.866
GBP/JPY chart
Price Performance
1 week
+0.64% +0.64%
+0.64% +0.64%
1 month
+2.06% +2.06%
+2.06% +2.06%
YTD
+7.07% +7.07%
+7.07% +7.07%
Year
+11.83% +11.83%
+11.83% +11.83%
5 years
-8.27% -8.27%
-8.27% -8.27%
Information regarding past performance is not a reliable indicator of future performance.
GBPJPY
After the Brexit referendum of June 2015, the British pound dropped by more than 8% against US dollar in a single day, from 1.4879 to 1.3680. The bearish trend of the British pound to the US dollar has continued until January of 2017, where there is a slight improvement since the start of the year. Its exchange rate against the US dollar and Euro gained by about 5.9%. There is great uncertainty around the British Pound due to Brexit, but this uncertainty will be slightly resolved after the finish of the four rounds of talks on the first phase of discussions between the UK and the European Union, which may be finalized probably in October of 2017.
How can I buy GBP/JPY?
- 1
Sign up
Create an account and complete a quick verification.
- 2
Deposit funds
Add money to your wallet via card, bank transfer, or crypto.
- 3
Trade
Choose GBPJPY, set the amount, and click buy or sell — that’s it!
GBP/JPY
GBPJPY
214.871
Instrument Forex
FAQ