Convert US Dollars to Japanese Yen | USD to JPY | Travelex US
A look back at US dollar to Japanese yen rates. When the yen was introduced in 1871, its value was more or less the same as the US dollar, since both has descended from the Spanish currency. Following the silver devaluation in 1873, the yen was devalued against the US dollar, which used the gold standard, continuing to fall to ¥1 to by 1897.