minor pair · GBP/JPY
British Pound to Japanese Yen: the daily ECB reference rate, a historical chart, pair specification and what drives each currency.
213.635
+1.356 (+0.64%)
1 GBP = 213.635 JPY · 1 JPY = 0.00468 GBP · previous 212.279 on 3 Nov 2026
GBP/JPY ECB reference rate, 4 Nov 2025 to 4 Nov 2026: from 200.560 to 213.640 (up 6.52%). High 219.140 on 16 Jul 2026, low 200.530 on 5 Nov 2025.
256 daily observations · 4 Nov 2025 – 4 Nov 2026
Latest rate within the 12-month range
The latest rate sits at 70% of the 12-month low-to-high range.
Calculated from daily ECB reference rates — closing-type snapshots, not intraday highs and lows.
Understanding the pair
In GBP/JPY the British Pound is the base currency and the Japanese Yen is the quote currency. The rate tells you how many JPY one GBP buys, so a rising GBP/JPY means the British Pound is strengthening against the Japanese Yen.
GBP/JPY is a minor (cross) pair: it combines two major currencies without the US dollar, so its rate is effectively the product of two dollar pairs and spreads are typically a little wider than the majors. In practice its price moves with GBP/USD and USD/JPY (or their inverses).
Prices are quoted to 3 decimal places here. One pip is 0.01, so on a standard lot of 100,000 GBP a one-pip move is worth 1,000 JPY — use the pip calculator to convert that into your account currency.
Liquidity in GBP/JPY is usually deepest when both home markets are open — the London (08:00–17:00 London time) and Tokyo (09:00–18:00 Tokyo time) sessions. See live session times on the market hours clock.
Sterling is among the most traded currencies, and London is the largest foreign-exchange trading centre. Bank of England rate decisions and UK inflation data are key event risks.
Central bank: Bank of England
Decades of very low Japanese interest rates made the yen a common funding currency in carry trades, and it often strengthens when global risk appetite falls. JPY pairs are quoted to two or three decimals, so a pip is 0.01.
Central bank: Bank of Japan
GBP/JPY shows how many Japanese Yen (JPY) one British Pound (GBP) buys. GBP is the base currency and JPY is the quote currency. If the rate rises, the British Pound has strengthened against the Japanese Yen.
No. It is derived from the euro foreign exchange reference rates published by the European Central Bank once per working day around 16:00 CET. It is useful for reference, budgeting and calculator inputs, but it is not an executable trading quote — a broker's bid and ask will differ.
By convention one pip in GBP/JPY is 0.01 because the pair is quoted in JPY. On a standard lot of 100,000 GBP, a one-pip move is worth 1,000 JPY. Brokers may quote an extra decimal (a pipette).
Liquidity is typically deepest when both home markets are open: the London (08:00–17:00 London time) and Tokyo (09:00–18:00 Tokyo time) sessions, and especially where they overlap.
Educational information only, not investment advice. Trading leveraged currency products carries a high risk of losing money.