Japanese Yen

Japanese Yen

The yen (Japanese: 円, Hepburn: en, symbol: ¥; code: JPY; also abbreviated as JP¥) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro, and the pound sterling. The concept of the yen was a component of the Meiji government's modernization program of Japan's economy; which postulated the pursuit of a uniform currency throughout the country modeled after the European decimal currency system. Before the Meiji Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations. The New Currency Act of 1871 did away with these and established the yen, which was defined as 1.5 g (0.048 troy ounces) of gold, or 24.26 g (0.780 troy ounces) of silver, as the new decimal currency. The former han (fiefs) became prefectures and their mints private chartered banks, which initially retained the right to print money. To bring an end to this situation the Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply.Following World War II the yen lost much of its prewar value. To stabilize the Japanese economy the exchange rate of the yen was fixed at ¥360 per $1 as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per $1 in 1973, then underwent periods of depreciation and appreciation due to the 1973 oil crisis, arriving at a value of ¥227 per $1 by 1980. Since 1973, the Japanese government has maintained a policy of currency intervention, and the yen is therefore under a "dirty float" regime. This intervention continues to this day. The Japanese government focuses on a competitive export market, and tries to ensure a low yen value through a trade surplus. The Plaza Accord of 1985 temporarily changed this situation from its average of ¥239 per US$1 in 1985 to ¥128 in 1988 and led to a peak value of ¥80 against the U.S. dollar in 1995, effectively increasing the value of Japan’s GDP to almost that of the United States. Since that time, however, the yen has greatly decreased in value. The Bank of Japan maintains a policy of zero to near-zero interest rates and the Japanese government has an extreme anti-inflation policy.

Caymanian Dollar

Caymanian Dollar

The Cayman Islands Dollar (currency code KYD) is the currency of the Cayman Islands. It is abbreviated with the dollar sign $, or alternatively CI$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. It is the 6th-highest-valued currency unit in the world, as of 20 June 2018.

138 Japanese Yen to Caymanian Dollar exchange rates chart

138 JPY to KYD exchange rates graph
138 JPY to KYD exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

138 JPY to KYD exchange rates FAQs

What is 138 JPY to KYD?

The meaning of 138 JPY to KYD is to exchange 138 Japanese Yen to Caymanian Dollar by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 138 JPY to KYD on the chart below.

Who can exchange 138 JPY to KYD?

Anyone with 138 Japanese Yen can find a local bank or a bureau de change to convert into Japanese Yen. However, if neither JPY nor KYD is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 138 JPY to KYD?

Due to the nature of the forex market, the exchange rates for 138 JPY to KYD is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 138 JPY to KYD?

Most likely you are traveling and want to get some Caymanian Dollar cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 138 Japanese Yen to Caymanian Dollar. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 138 JPY to KYD?

Usually you can find a local bank, post office or bureau de change to exchange 138 JPY to KYD. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Caymanian Dollar you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 138 JPY to KYD?

Use the tool we provided here to find the best exchange rates for 138 Japanese Yen to Caymanian Dollar. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 138 JPY in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

138 JPY to KYD exchange rates table

Exchange JPY to KYD
138 Japanese Yen = 1.016 Caymanian Dollar
276 Japanese Yen = 2.031 Caymanian Dollar
690 Japanese Yen = 5.078 Caymanian Dollar
1380 Japanese Yen = 10.155 Caymanian Dollar
Exchange Japanese Yen to Caymanian Dollar
138 Japanese Yen to Caymanian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

138 JPY to KYD news tweets

138 JPY to KYD added 1 tweet
2019-03-19 06:20:23 UTC
Japanese Yen Trading Higher, Ahead Of BoJ’s Meeting Minutes https://t.co/J6gnm9w8M4
138 JPY to KYD added 1 tweet
2019-03-19 06:47:07 UTC
RT @jisoolip: Yahoo Japan starts doing pre order for BLACKPINK new EP, 2 versions + posters I checked few japanese stores and it… https://t.co/pJzglGhRHh
138 JPY to KYD added 1 tweet
2019-03-19 07:04:31 UTC
Currency pairs involving the Japanese yen are quoted to only 2 decimal places (unless there are fractional pips, th… https://t.co/aJS0lHmYXC
138 JPY to KYD added 1 tweet
2019-03-19 07:07:05 UTC
ตัวเลขการส่งออกของญี่ปุ่นแสดงให้เห็นถึงความซบเซา เกิดภาวะถดถอยอย่างมากในการส่งออกและการผลิตภาคอุตสาหกรรม #BOJ… https://t.co/5VPIMrA1UY
138 JPY to KYD added 1 tweet
2019-03-19 07:15:26 UTC
@xuxirenjaem japanese yen ¥¥¥¥

138 JPY to KYD news media

138 JPY to KYD added 1 medium
2019-03-19T07:04:57+01:00
#dailycryptoupdate #cryptonews #crypscrow #kakaochat #cryptowallet #coincheck #sell #holding #btcsv #reimburse #japaneseyen #bithumb #reduce #staff #overstock #ecommerce #deferring #cash #cryptoventures #canada #proposes #cryptocurrency #shortselling #margintrading #ban
138 JPY to KYD added 1 medium
2019-03-19T15:44:23+01:00
#FOREX or #FUTURES | $USDJPY, June #JapaneseYen, $JYM19, Scalped +$263 per contract this morning with #daVinci, our #algorithmic #daytrading system for all liquid, traded markets.🎯 TRADE SMART, TRADE ALGOS! Reserve your end-user license for @MultiCharts, @TradeStation or @NinjaTrader...
138 JPY to KYD added 1 medium
2019-03-19T21:00:29+01:00
THE JAPANESE YEN Why is it considered a safe heaven?
138 JPY to KYD added 1 medium
2019-03-20T03:52:35+01:00
Trading and character... #forex #trading #news #usdcad #money #character #market #dollar #withdraw #forextrading #usd #yen #japaneseyen #trade #traders #broker #introducingbroker #stocks #mt4 #leverage #外汇 #liquidity #CFD #investor #wallstreet #外国為替 #forexlifestyle #crypto #gold #cptmarkets
138 JPY to KYD added 1 medium
2019-03-18T12:52:21+01:00
ご覧の決済を取扱中です。ポイント、マイル、キャッシュバックキャンペーン等、お得な決済方法をご利用ください。あ!画像にオリガミが入ってなかった。 #visa #master #jcb #discover #diners #amex #paypay #alipay #銀聯 #origamipay #japaneseyen
138 JPY to KYD added 1 medium
2013-11-13T23:46:30+01:00
I stay ready for international travel ✈️ 🎶 She don't catch feelings she too busy catching G5 🎶 ✈️ #travelnecessities #currency #americandollar #caymaniandollar #canadiandollar #britishpound #Euro #readyforwhatever #mommadidntraisenofool #prepared #international #wheretonext #thisisnttoshowhowmuchihave #impoor :/ but my parents make sure I can buy food when I get somewhere 😂 #ilovethem ❤️
138 JPY to KYD added 1 medium
2016-08-28T10:58:11+02:00
#money #money #money cleaning my #desk on a #sunday morning. I'm in the mood to rearrange stuff. #canadiandollar #caymaniandollar #trinidadandtobagodollar #euro #poundsterling #ineedmorecoffee
138 JPY to KYD added 1 medium
2017-11-13T08:54:13+01:00
#grandcaymanmoney #caymaniandollar #caymanislandsdollar #kyd #thethingsyoufindcleaning #🇰🇾
138 JPY to KYD added 1 medium
2019-01-03T10:26:30+01:00
Cayman Bahamas 1 Dollar 2010 #🇰🇾 #cayman #cayman🇰🇾 #caymanislands #thecaymanislands #2010 #dollar #dollars #caymaniandollar #caymandollar #caymandollars #1dollarbill #1dollar #onedollar #onedollarbill #thequeen #queenelisabeth #queenelisabethii #queenelisabeth2 #queenoftheworld #banknote #papermoney #paper_money #notafilia #notaphily #numismatics #currency #oldcurrency #money #moneydetails

138 JPY to KYD news videos

This video is selected and uploaded by Gazunda Services Ltd. It is not our property.
I show a couple uncommon or "rare" bills/notes that I got during my trip to Japan, as well as give a quick overview of what is ...
नमस्कार दोस्तों आज इस विडियो में जापान में कौन सी मुद्रा चलती है अच्छा लगता...
Hey! This time I test it again but in Japan! If you have only 1000Yen , What you can buy at Conbini in Japan? Let see it together !
Listen to me speak Japanese and English about money and phrases. Learn new vocabulary in your sleep! :)Please subscribe to ...
On December 1, 2010, twelve of the Cayman Islands finest singers and musicians came together to record a song. A song about a ...
The Conversation's WHAT IS CAYMANIAN delves into the diversities that make the Cayman Islands a multicultural melting pot.
A theory on how the Caymanian accent came to be.
Top 15 Highly Valued Currencies in the WorldTop 15 Most Valuable Currencies in the WorldSubscribe to our channel for more ...
The problems locals face when returning to their homeland after being an expatriate in another country. Music in my intro ...

138 JPY to KYD news texts

Vietnam trainee, exploited in Fukushima, eyes return to Japan:

THAI BINH, Vietnam--Nguyen Duc Canh’s concerns about working in a deserted northeastern Japanese tow

10 days subjunctive positive
Major currency up

Uniindia: Mumbai, Mar 9 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

10 days indicative neutral
Chinese Workers Flee Japan’s Controversial Work-Training System

Unscrupulous agents in China are luring workers into overseas placements with low pay and poor conditions.

14 days conditional neutral
GraceKennedy takes over Western Union in Cayman, resumes CI dollar transactions

GraceKennedy Money Services (GKMS) took over Western Union operations in the Cayman Islands and has resumed transactions using CI dollars following a four-month closure of the ...

6 days indicative neutral
When Tax Strategies Are Problematic for Firms – and Investors

New Wharton research finds that aggressive tax planning by accounting agencies can lead to a lack of transparency in firms’ financial reporting.

15 days conditional positive
Couple to challenge gay marriage ban in Cayman Islands

GEORGE TOWN, Cayman Islands (CMC) — A Caymanian attorney and her partner, a nurse from the ...

19 days subjunctive positive
Grand Cayman’s New Luxury Green Real Estate Project
Grand Cayman’s New Luxury Green Real Estate Project

By the Caribbean Journal staff There’s a new luxury real estate project set to launch in the Cayman Islands. The new, eco-friendly Lighthouse Point

4 months conditional positive
10 Jamaicans sent home as Cayman's Immigration amnesty draws to an end

Ten Jamaican immigrants who took advantage of the Department of Immigration’s (DOI) amnesty have been sent back to their country of origin. The DOI on Wednesday report

4 months conditional negative

138 JPY to KYD currency converter

138 JPY to KYD exchange rates

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