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PIP to JPY Converter and calculator

PIP/JPY: 1 PIP = 0.03391 JPY. The price of converting 1 Pip (PIP) to Japanese Yen (JPY) is 0.03391 JPY today.
PIP
PIP
JPY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PIP to JPY real-time exchange rates, making it easy to convert Pip (PIP) to Japanese Yen (JPY). The conversion result is based on real-time data. The conversion result shows that 1 PIP is currently valued at 0.03391 JPY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PIP is currently valued at 0.03391 JPY, which means buying 5 PIP would cost 0.1696 JPY. Similarly, ¥1 JPY can be converted to 29.49 PIP, and ¥50 JPY can be converted to 147.44 PIP, excluding any platform or gas fees.

Convert PIP to JPY

Convert JPY to PIP

Pip
Japanese Yen
1 PIP
0.03391  JPY
Exchange 1 PIP for 0.03391 JPY
2 PIP
0.06782  JPY
Exchange 2 PIP for 0.06782 JPY
5 PIP
0.1696  JPY
Exchange 5 PIP for 0.1696 JPY
10 PIP
0.3391  JPY
Exchange 10 PIP for 0.3391 JPY
20 PIP
0.6782  JPY
Exchange 20 PIP for 0.6782 JPY
50 PIP
1.7  JPY
Exchange 50 PIP for 1.7 JPY
100 PIP
3.39  JPY
Exchange 100 PIP for 3.39 JPY
200 PIP
6.78  JPY
Exchange 200 PIP for 6.78 JPY
500 PIP
16.96  JPY
Exchange 500 PIP for 16.96 JPY
1000 PIP
33.91  JPY
Exchange 1000 PIP for 33.91 JPY
5000 PIP
169.56  JPY
Exchange 5000 PIP for 169.56 JPY
10000 PIP
339.11  JPY
Exchange 10000 PIP for 339.11 JPY
In the table above, you'll find a comprehensive PIP to JPY converter that shows the value of Pip in Japanese Yen across commonly used conversion amounts. The list covers conversions from 1 PIP to JPY, all the way up to 10000 PIP, providing a clear view of their respective values.
Japanese Yen
Pip
1 JPY
29.49 PIP
Exchange 1 JPY for 29.49 PIP
10 JPY
294.89 PIP
Exchange 10 JPY for 294.89 PIP
50 JPY
1,474.44 PIP
Exchange 50 JPY for 1,474.44 PIP
100 JPY
2,948.88 PIP
Exchange 100 JPY for 2,948.88 PIP
200 JPY
5,897.76 PIP
Exchange 200 JPY for 5,897.76 PIP
500 JPY
14,744.41 PIP
Exchange 500 JPY for 14,744.41 PIP
1000 JPY
29,488.82 PIP
Exchange 1000 JPY for 29,488.82 PIP
2000 JPY
58,977.65 PIP
Exchange 2000 JPY for 58,977.65 PIP
5000 JPY
147,444.12 PIP
Exchange 5000 JPY for 147,444.12 PIP
10000 JPY
294,888.24 PIP
Exchange 10000 JPY for 294,888.24 PIP
50000 JPY
1,474,441.18 PIP
Exchange 50000 JPY for 1,474,441.18 PIP
100000 JPY
2,948,882.36 PIP
Exchange 100000 JPY for 2,948,882.36 PIP
In the table above, you'll find a comprehensive JPY to PIP converter that shows the value of Japanese Yen in Pip across commonly used conversion amounts. The list covers conversions from 1 JPY to PIP, all the way up to 100000 JPY, providing a clear view of their respective values.

PIP to JPY chart

PIP/JPY: 1 PIP = 0.03391 JPY; 2025/11/17 10:24:35
In the past 1D, Pip has changed -9.07% to JPY. Based on the trend and price charts, Pip(PIP) has changed -9.07% to JPY while Japanese Yen(JPY) has changed % to PIP in the last 24 hours.
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PIP to JPY conversion data: Volatility and price changes of Pip in JPY

The highest Pip price in JPY over the past 7 days was 0.04764 JPY while the lowest Pip price in JPY over the past 7 days was 0.03332 JPY. The relative change between the highs and lows in Pip price in JPY over the last 7 days indicates a volatility of %. You can view additional volatility data and PIP to JPY prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.03969 JPY
0.04764 JPY
0.06643 JPY
0.2411 JPY
Low
0.03332 JPY
0.03332 JPY
0.03332 JPY
0.03332 JPY
Average
0 JPY
0 JPY
0 JPY
0 JPY
Volatility
%
%
%
%
Change
-9.07%
-22.41%
-43.28%
-60.71%

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Bitget P2P trading does not currently support direct buying of PIP with JPY. However, you can buy USDT in Bitget P2P trading first, and then buy PIP with USDT via Bitget spot market.
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Pip information

PIP to JPY market statistics

PIP/JPY:
¥0.03391
PIP 24h volume:
¥1,949,295.9
PIP market cap:
¥18,115,013.6
PIP circulating supply:
534.19M PIP

Current PIP to JPY exchange rate

Pip to Japanese Yen is falling this week.
Pip's current market price is ¥0.03391 per PIP, with a total market cap of ¥18,115,013.6 JPY based on a circulating supply of 534,190,430 PIP. The trading volume of Pip has changed by -19.99% (¥-487,034.66 JPY) in the last 24 hours. Last trading day, PIP's trading volume was ¥2,436,330.56.

More info about Pip on Bitget

Japanese Yen information

About the Japanese Yen (JPY)

What Is the Japanese Yen (JPY)?

The Japanese Yen, abbreviated as JPY, is the national currency of Japan. The symbol for the Japanese Yen is "¥", which is used to denote the currency in international financial transactions. The yen's introduction in 1871 was a significant part of Japan's modernization policy under the Meiji government, aligning with the European Decimal Monetary System. The Japanese Yen is the sole legal tender in Japan, and it is used for all transactions within the country.

The Japanese Yen is issued by the Bank of Japan (BOJ), which is the central bank of Japan. Established in 1882, the Bank of Japan is responsible for issuing and managing the country's currency and monetary policy. It plays a crucial role in the Japanese financial system, including controlling the money supply, setting interest rates, and ensuring the stability of the Japanese financial system.

What Is the History of JPY?

The yen replaced a diverse range of currencies issued by feudal fiefs, known as Hansatsu, following the New Currency Act of 1871. This change was part of Japan's transition from a collection of feudal fiefs to a unified, modern state. The Bank of Japan, established in 1882, eventually took over the issuance of currency, marking a significant step in centralizing and stabilizing Japan's monetary system.

Notes and Coins of JPY

The Japanese Yen includes coins like the lightweight 1 Yen, the lucky 5 Yen with a hole, the 10 Yen featuring Byodo-in Temple, the 50 Yen, the commonly used 100 Yen with cherry blossoms, and the highest value 500 Yen coin. Banknotes comprise the 1,000 Yen with Hideyo Noguchi, the less common 2,000 Yen depicting a scene from "The Tale of Genji," the 5,000 Yen featuring writer Ichiyo Higuchi, and the highest 10,000 Yen note with Yukichi Fukuzawa. These currencies reflect Japan's culture, history, and natural beauty.

Current Status and Global Standing

As of 2024, the Japanese yen was recognized as one of the top-performing currencies, with projections indicating its potential to surpass the US dollar in terms of strength. JPY also holds the distinction of being the third most traded currency in the forex market, following the US dollar and the euro. It also serves as a commonly used reserve currency alongside the USD, euro, and pound sterling. Factors contributing to this include liquidity from Japan's central bank, government spending, and global demand for Japanese exports. The yen's appreciation is often attributed to the strengthening of the US dollar and the growth of the Japanese economy.

Bank of Japan's Monetary Policy

The Bank of Japan maintains a near-zero interest rate policy, historically aligning with Japan's strict anti-inflation stance. Post the 2008 Global Financial Crisis, Japan faced a period of deflation. In response, in 2013, the Bank of Japan announced an expansion of its Asset Acquisition Policy by $1.4 trillion over two years, aiming to shift from deflation to a target inflation rate of 2%. This policy intended to double the money supply, reflecting a significant shift in Japan's monetary approach.

What Is Digital Yen?

The Digital Yen, or DCJPY, is a Japanese yen-backed digital currency set to launch in July 2024. Developed by DeCurret Holdings, the DCJPY ecosystem will feature two distinct blockchain networks: the "Business Zone'' for issuing user assets, including digital assets and non-fungible tokens (NFTs), and the "Financial Zone" for banks to mint deposits as digital assets. This initiative aligns with the vision of Hiromi Yamaoka, chairperson of the Digital Currency Forum, who believes that digital currencies will play a central role in the future economic development and welfare by enhancing the functions of information and data processing. The DCJPY is designed to coexist with a central bank digital currency (CBDC), marking a significant step in Japan's embrace of digital financial technology.

Bitget crypto-to-fiat exchange data shows that the most popular Pip currency pair is the PIP to JPY, with for Pip's currency code being PIP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JPY.

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How to convert PIP to JPY

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PIP to JPY Conversion tables

The exchange rate of Pip is decreasing.
The exchange rate of 1 PIP to Japanese Yen has changed by -22.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.07%, reaching a high of 0.03969 JPY and a low of 0.03332 JPY . One month ago, the value of 1 PIP was ¥0.05994 JPY , which represents a -43.28% change from its current value. Over the last year, Pip has changed by
-¥
4.21JPY
, resulting in a change of -99.20% in its value.
24 hours ago1 month ago1 year ago
Amount 10:24 am today 24 hours ago 24h change
0.5 PIP
¥0.01696¥0.01866
-9.07%
1 PIP
¥0.03391¥0.03731
-9.07%
5 PIP
¥0.1696¥0.1866
-9.07%
10 PIP
¥0.3391¥0.3731
-9.07%
50 PIP
¥1.7¥1.87
-9.07%
100 PIP
¥3.39¥3.73
-9.07%
500 PIP
¥16.96¥18.66
-9.07%
1000 PIP
¥33.91¥37.31
-9.07%

PIP to JPY FAQ

How much is 1 Pip in JPY?
Right now, the price of 1 Pip (PIP) in Japanese Yen (JPY) is ¥0.03391.
How much PIP can I buy for 1 JPY?
Based on the current exchange rate, you can get 29.49 PIP for 1 JPY.
How do I calculate or convert PIP to JPY?
You can use our PIP to JPY calculator at the top of this page to convert any amount of PIP to JPY. We've also included quick-reference tables for the most popular conversions. For example, 5 JPY is equivalent to 147.44 PIP, while 5 PIP will cost around 0.1696JPY.
What is the highest price of PIP/JPY in history?
The all-time high price of 1 PIP in JPY is ¥55.13. It remains to be seen if the value of 1 PIP/JPY will exceed the current all-time high.
What is the price trend of Pip in JPY?
Over the past 7 days, the exchange rate of Pip (PIP) has gone down by 22.41%.   Over the last month, the exchange rate of Pip (PIP) has gone down by 43.28% against Japanese Yen (JPY).

What factors influence the conversion rate of PIP to JPY?

There are many factors that affect the relationship between Pip and Japanese Yen, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PIP/JPY. When there is positive news in the market about the widespread adoption of PIP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PIP/JPY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PIP/JPY.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PIP/JPY. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Pip and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Pip currency pairs: PIP to US Dollar (USD), PIP to Euro (EUR), PIP to Pound Sterling (GBP), PIP to Canadian Dollar (CAD), PIP to Indian Rupee (INR), PIP to Pakistani Rupee (PKR), PIP to Brazilian Real (BRL), PIP to…
The price of Pip in the US is $0.0002193 USD. Additionally, Pip’s price is €0.0001888 EUR in the eurozone, £0.0001664 GBP in the UK, C$0.0003074 CAD in Canada, ₹0.01943 INR in India, ₨0.06205 PKR in Pakistan, R$0.001161 BRL in Brazil, and more.
The most popular Pip currency pair is the PIP to Japanese Yen(JPY). The price of 1 Pip (PIP) in Japanese Yen (JPY) is ¥0.03391.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.