US Dollar / Japanese Yen (USDJPY-X)
Currencies · Major · data since 1996-10-30 · last close 2026-10-01
US Dollar / Japanese Yen (USDJPY-X) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.1 | 1.8 | 2.5 | 0.2 | -0.6 | 1.7 | -1.1 | -0.0 | -1.7 | 0.1 | · | · |
| 2025 | -1.9 | -2.6 | -0.3 | -4.9 | 1.0 | 0.5 | 3.3 | -1.6 | 1.2 | 3.6 | 1.6 | 0.1 |
| 2024 | 4.2 | 2.2 | 0.5 | 3.2 | 0.4 | 2.4 | -5.0 | -5.1 | -1.4 | 7.3 | -1.3 | 3.9 |
| 2023 | -1.8 | 4.5 | -2.3 | 0.5 | 4.5 | 3.6 | -2.8 | 3.8 | 2.2 | -0.1 | -1.4 | -3.8 |
| 2022 | 0.2 | 0.3 | 5.6 | 7.2 | -2.3 | 6.9 | -1.6 | 3.2 | 4.1 | 2.3 | -6.1 | -4.2 |
| 2021 | 1.1 | 2.0 | 3.7 | -1.3 | 0.9 | 0.6 | -1.0 | 0.5 | 1.8 | 1.5 | 0.2 | 1.1 |
| 2020 | 0.0 | 0.7 | -1.5 | -1.3 | 1.0 | -0.1 | -2.7 | 0.8 | 0.1 | -1.1 | -0.5 | -0.9 |
| 2019 | -1.2 | 1.7 | -0.2 | 0.9 | -2.1 | -1.5 | 0.8 | -2.0 | 1.4 | 0.8 | 0.7 | -0.6 |
| 2018 | -3.7 | -1.2 | -0.9 | 2.5 | -0.3 | 1.6 | 0.5 | 0.0 | 2.1 | -0.3 | 0.3 | -2.7 |
| 2017 | -2.3 | -0.8 | -0.9 | -0.5 | -0.3 | 1.1 | -1.3 | -0.1 | 1.8 | 0.5 | -0.9 | 0.8 |
| 2016 | -1.3 | -4.4 | -1.1 | -3.8 | 2.6 | -7.3 | 1.9 | -1.8 | -1.6 | 3.3 | 7.6 | 3.4 |
| 2015 | -1.0 | 0.9 | 0.5 | -0.9 | 4.1 | -0.9 | 1.1 | -2.2 | -1.2 | 0.9 | 1.5 | -1.9 |
| 2014 | -2.1 | -0.6 | 0.8 | -0.3 | -0.8 | -0.3 | 1.4 | 0.8 | 5.5 | -0.2 | 7.9 | 1.4 |
| 2013 | 5.9 | 1.4 | 2.0 | 3.9 | 3.3 | -2.6 | -0.5 | 0.3 | -0.5 | 0.7 | 3.8 | 2.6 |
| 2012 | -1.7 | 5.4 | 2.2 | -2.3 | -1.7 | 0.4 | -1.5 | 0.6 | -1.2 | 2.7 | 3.1 | 4.6 |
| 2011 | 0.8 | -0.6 | 1.9 | -1.9 | -0.8 | -0.2 | -3.7 | -1.3 | 0.1 | -1.3 | 2.9 | -0.4 |
| 2010 | -2.8 | -1.5 | 5.2 | 0.3 | -2.8 | -3.0 | -2.3 | -2.2 | -0.9 | -2.5 | 3.1 | -3.3 |
| 2009 | -0.8 | 8.6 | 1.4 | -0.3 | -3.3 | 0.9 | -1.8 | -1.9 | -3.2 | 0.2 | -4.3 | 7.7 |
| 2008 | -4.8 | -2.3 | -3.8 | 4.1 | 1.5 | 0.6 | 1.6 | 0.9 | -2.5 | -7.2 | -3.0 | -5.1 |
| 2007 | 1.5 | -1.7 | -0.8 | 1.3 | 2.0 | 1.2 | -3.9 | -2.2 | -0.9 | 0.6 | -3.1 | -0.1 |
| 2006 | -0.6 | -1.3 | 1.7 | -3.4 | -1.1 | 1.7 | 0.0 | 2.5 | 0.5 | -1.0 | -0.9 | 2.9 |
| 2005 | 1.1 | 0.9 | 2.5 | -2.3 | 3.6 | 2.3 | 1.4 | -1.6 | 2.5 | 2.6 | 2.8 | -1.4 |
| 2004 | -1.6 | 3.3 | -4.6 | 5.9 | -0.8 | -0.6 | 2.3 | -2.0 | 0.8 | -4.0 | -2.7 | -0.4 |
| 2003 | 1.0 | -1.5 | -0.1 | 0.7 | 0.4 | 0.3 | 0.7 | -3.0 | -4.8 | -1.2 | -0.3 | -2.0 |
| 2002 | 2.4 | -1.1 | -0.6 | -3.1 | -3.5 | -3.7 | 0.2 | -1.1 | 2.9 | 0.5 | 0.0 | -3.1 |
| 2001 | 2.0 | 0.6 | 7.5 | -2.3 | -3.4 | 4.4 | 0.4 | -5.0 | 0.6 | 2.4 | 0.9 | 6.7 |
| 2000 | 4.9 | 2.8 | -6.6 | 5.0 | -0.5 | -1.5 | 3.1 | -2.4 | 1.4 | 0.6 | 1.4 | 3.6 |
| 1999 | 2.5 | 2.5 | -0.3 | 0.5 | 1.9 | -0.6 | -5.2 | -4.3 | -3.3 | -2.0 | -1.9 | 0.2 |
| 1998 | -2.7 | -0.8 | 5.5 | -0.2 | 4.5 | -0.3 | 4.6 | -4.2 | -1.7 | -15.1 | 6.2 | -7.7 |
| 1997 | 4.6 | -0.8 | 2.9 | 2.6 | -8.6 | -1.3 | 3.4 | 0.8 | 0.9 | -0.1 | 6.2 | 2.2 |
| 1996 | · | · | · | · | · | · | · | · | · | 0.0 | -0.3 | 1.9 |
| Avg | -0.0 | 0.6 | 0.8 | 0.3 | -0.0 | 0.2 | -0.2 | -1.0 | 0.2 | -0.2 | 0.8 | 0.2 |
| Median | -0.7 | 0.4 | 0.5 | 0.0 | -0.3 | 0.4 | 0.1 | -1.5 | 0.3 | 0.4 | 0.2 | -0.0 |
October so far: +0.1% against an average of -0.2% and a median of +0.4% across 30 completed Octobers, 16 of them positive.
Values in %. Current and first-listed months are partial (greyed) and are left out of the Avg and Median rows.
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USDJPY-X seasonality — average by calendar month
US Dollar / Japanese Yen has monthly history back to 1996. November carries the highest average at +0.8%, but the median November is +0.2% and 17 of 30 have finished green: +8% in 2014 does most of the lifting. The steadier month is March — positive in 16 of 30 years, median +0.5%. August is the soft spot, down in 19 of 30 with a median of -1.5%. Across its full record it has closed 51% of months higher, swings ±2.9% in an average month and has fallen 48.6% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | 0.0% | +0.6% | +0.8% | +0.3% | -0.0% | +0.2% | -0.3% | -1.0% | +0.2% | -0.2% | +0.8% | +0.2% |
| Win rate | 47%/30 | 53%/30 | 53%/30 | 50%/30 | 47%/30 | 53%/30 | 53%/30 | 37%/30 | 57%/30 | 53%/30 | 57%/30 | 50%/30 |
Win rate = share of positive months / sample size.
USDJPY-X risk & extremes
USDJPY-X drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was US Dollar / Japanese Yen's best month?+
US Dollar / Japanese Yen's strongest completed month on record is February 2009, at +8.59%.
What was US Dollar / Japanese Yen's worst month?+
Its weakest completed month on record is October 1998, at -15.06%.
Is US Dollar / Japanese Yen up this year?+
US Dollar / Japanese Yen is up 0.73% year to date, measured from its last close before 1 January.
What is US Dollar / Japanese Yen's 1-year return?+
+6.46% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is US Dollar / Japanese Yen's biggest drawdown?+
The deepest peak-to-trough fall on record is 48.6%, measured on month-end closes since 1996.
Which calendar month is historically best for US Dollar / Japanese Yen?+
November has the highest average return across every completed November since 1996. An average is not a forecast.
About US Dollar / Japanese Yen
US Dollar / Japanese Yen is a major business. Tracked here from its first session onward — every monthly, quarterly and weekly return on record since 1996, with no gaps filled in and nothing smoothed. Since 1996 it has ground out +38% overall — not every story is a rocket.
Did you know?
- Its best month on record was February 2009 at +8.59%; its worst, October 1998 at -15.06%.
Trivia for entertainment — the numbers come from our price data; the jokes don't.