OANDA uses cookies to make our websites easy to use and customized to our visitors. Cookies cannot be used to identify you personally. By visiting our website you consent to OANDA’s use of cookies in accordance with our Privacy Policy. To block, delete or manage cookies, please visit aboutcookies.org. Restricting cookies will prevent you benefiting from some of the functionality of our website.
Live Exchange Rates - GBP/JPY
Current tradable exchange rates, live from OANDA fxTrade
GBP/JPY
Updated every minute:
Understanding live exchange rates
OANDA is electronically connected to numerous global banks to access the best currency rates for its forex traders, and electronic algorithms on OANDA’s fxTrade servers update exchange rates tick-by-tick, in periods of less than a second. The currency rates shown on this page are updated less frequently, but are still a close reflection of the rates available to forex traders right now.
GBP/JPY at a Glance
British Pound Sterling (Currency code: GBP)
- Central bank: The Bank of England
- The pound is the world’s oldest currency still in use and was the de facto global currency until WW II.
- The economy of Great Britain (or the United Kingdom) is the third largest in Europe, after Germany and France.
- Napoleon famously called the UK “a nation of shopkeepers”. Banking, insurance, and business services still account for a large proportion of the British GDP.
Japanese Yen (Currency code: JPY)
- Central bank: The Bank of Japan
- Since its defeat in World War II, Japan has become one of the world's largest and most technologically advanced manufacturers of motor vehicles, electronic equipment, machine tools, and so on.
- The JPY has appreciated against USD since the 1970s, making Japan’s manufactured goods more costly and less competitive.
- The Bank of Japan keeps interest rates at near-zero, making JPY a popular “carry trade” currency against other higher-yielding currencies.