The unit of currency in Japan is the Japanese Yen (JPY). If r represents the conversion rate, U.S. Dollars (d) can be converted into Japanese Yen using the expression below. r × d What conversion rate do you need to get at least JPY 1,324 in exchange for $1,000 U.S. dollars?
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USD/JPY is the abbreviation used to denote the currency exchange rate for the U.S. dollar and Japanese yen. The currency pair shows how many Japanese yen (the quote currency) are needed to purchase one U.S. dollar (the base currency
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