Finance Minister Notice—Applicable in August 2026
Overview
On July 17, 2026, the International Department of the Bank of Japan announced the conversion rates applicable during August 2026 for the exchange rates prescribed by the Minister of Finance under Article 35, Item 2 of the Ordinance on Reporting of Foreign Exchange Transactions and Other Matters. The rate is set at 1 US dollar per 161 yen, and rates are provided to convert either 1 unit or 100 units of each currency into US dollars. For foreign currencies not listed in the notice, the average market rate during June 2026 will be used.
Key points
- The International Department of the Bank of Japan presented the Finance Minister's notice on July 17, 2026.
- The basis for the conversion is Article 35, Item 2 of the Ordinance on Reporting of Foreign Exchange Transactions and Other Matters.
- The specified rates apply during August 2026.
- For foreign currencies other than those mentioned above, the average market rate during June 2026 will be used.
Overview
This notice presents the exchange rates prescribed by the Minister of Finance under Article 35, Item 2 of the Ordinance on Reporting of Foreign Exchange Transactions and Other Matters for converting currencies other than the currency of the United States into the currency of the United States.
The applicable period is August 2026, and the document bears the name of the International Department of the Bank of Japan, the date July 17, 2026, and an indication that it is a Finance Minister's notice.
Details
The announced rates are presented as conversions of a specified number of units of each currency into US dollars. The standard is 1 US dollar per 161 yen; some currencies are shown per 1 unit, while others are shown per 100 units.
Examples for 1 unit are 0.712 US dollars for the Canadian dollar, 0.147 US dollars for the Chinese yuan, 1.15 US dollars for the euro, 0.702 US dollars for the Australian dollar, 0.776 US dollars for the Singapore dollar, 0.128 US dollars for the Hong Kong dollar, and 1.33 US dollars for the pound sterling. Examples for 100 units are 0.0653 US dollars for the Korean won, 3.16 US dollars for the New Taiwan dollar, 3.04 US dollars for the Thai baht, 0.110 US dollars for the Chilean peso, and 0.00380 US dollars for the Vietnamese dong.
For foreign currencies not listed in the announced table, the market rate of the relevant foreign currency against the currency of the United States is presented as the average market rate during June 2026.