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.

Hong Kong Dollar

Hong Kong Dollar

The Hong Kong dollar (Chinese: 港幣; Cantonese Yale: Góng bàih; sign: HK$; code: HKD) is the official currency of Hong Kong. It is subdivided into 100 cents. The Hong Kong Monetary Authority is the governmental currency board and also the de facto central bank for Hong Kong and the Hong Kong dollar. Under the licence from the Hong Kong Monetary Authority, three commercial banks are licensed to issue their own banknotes for general circulation in Hong Kong. The three commercial banks, HSBC, Bank of China and Standard Chartered issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$500 and HK$1000, with all designs being similar to the other in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2016, the Hong Kong dollar is the thirteenth most traded currency in the world. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau, where the Hong Kong dollar circulates alongside the Macau pataca.

14 Japanese Yen to Hong Kong Dollar exchange rates chart

14 JPY to HKD exchange rates graph
14 JPY to HKD Spot 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.

14 JPY to HKD exchange rates table

Exchange JPY to HKD
14 Japanese Yen = 0.963 Hong Kong Dollar
28 Japanese Yen = 1.926 Hong Kong Dollar
70 Japanese Yen = 4.814 Hong Kong Dollar
140 Japanese Yen = 9.629 Hong Kong Dollar
Exchange Japanese Yen to Hong Kong Dollar
14 Japanese Yen to Hong Kong 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.

Best JPY/HKD rate at World Currency Shop in Tokyo

14 JPY to HKD exchange rates at World Currency Shop in Tokyo
14 Japanese Yen = 0.832 Hong Kong Dollar
World Currency Shop
World Currency Shop

WCS(World Currency Shop) is one of the largest Money Exchange network in Japan, operated by a subsidiary of MUFG Bank,LTD. Our shops can be found in various location such as Tokyo,Yokohama,Nagoya,Osaka,Kyoto and Fukuoka. We keep 21 foreign currency in stock all the time. For your added convenience,visit http://www.tokyo-card.co.jp/wcs/wcs-shop-e.php 外貨両替 外貨両替 お知らせ 本日のレート / rate 店舗案内 / shop 求人情報 外貨両替のホームページは携帯でもご覧いただけます! QRコード 上のQRコードを携帯カメラで撮れば、WCSサイトへアクセスできます。 今すぐアクセス! 外貨両替 カード会員のお客様 加盟店のお客様...

Best JPY/HKD rate at Bank of China (Hong Kong) in Hong Kong

14 JPY to HKD exchange rates at Bank of China (Hong Kong) in Hong Kong
14 Japanese Yen = 96.516 Hong Kong Dollar
Bank of China (Hong Kong)
Bank of China (Hong Kong)

Bank of China (Hong Kong) Limited (Chinese: 中國銀行(香港)有限公司) also known as its short name Bank of China (Hong Kong) or BOCHK (Chinese: 中銀香港), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data),[1] with around 197 branches across Hong Kong as of the end of 2016. [2] It is also one of the three...

Best JPY/HKD rate at Ngau Kee Money Changer Co Ltd in Hong Kong

14 JPY to HKD exchange rates at Ngau Kee Money Changer Co Ltd in Hong Kong
14 Japanese Yen = 0.966 Hong Kong Dollar
Ngau Kee Money Changer Co Ltd
Ngau Kee Money Changer Co Ltd

NGAU KEE MONEY CHANGER CO., LTD. Ngau Kee Money Changer Company Ltd (NKCL) is your first choice in foreign currency exchange. Since 1930, we have been serving customers in Hong Kong and most of the South East Asian countries. Our knowledgeable account executive must be able to solve your problems efficiently. Acting as the banknote supplier to many Banks and Corporations in Hong Kong, our exchange rates is always competitive. We maintain an inventory of more than 40 countries banknotes and...

Best JPY/HKD rate at Tourex in Osaka

14 JPY to HKD exchange rates at Tourex in Osaka
14 Japanese Yen = 0.975 Hong Kong Dollar
Tourex
Tourex

Welcome to the page of the Tourex Amerikamura store in Osaka, introduced by our Tourex Amerikamura staff. Address Osaka city, Chuo-ward, Nishi-Shinsaibashi 2-18-6 Tel (+81) 6-6484-2006 Open 10:30am - 6:30pm Trading currencies 12 countries Please find the 12 country's currencies listed below. USD USD ※ EUR EUR ※ CNY CNY ※ KRW KRW ※ HKD HKD ※ AUD AUD ※ TWD TWD ※ CAD CAD ※ THB THB ※ GBP GBP ※ PHP PHP ※ SGD SGD ※ MYR MYR ※ IDR IDR NZD NZD CHF CHF Sankaku Park (triangle park) The triangle park is...

14 JPY to HKD exchange rates news

Dollar falls as Fed officials ring note of caution, pound bounces
Dollar falls as Fed officials ring note of caution, pound bounces

By Richard Leong NEW YORK (Reuters) - The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose fo...

conditional neutral
USD/JPY Weekly Price Forecast - US dollar falls against Japanese yen for the week

The US dollar fell significantly against the Japanese yen during the week, as we continue to struggle with the ¥114.50 level above. That’s an area that shows resistance all the way to the 115 young level, so it makes sense that we would struggle to break above there.

conditional positive
Corporate Japan's net profits to inch up 1% in sharp slowdown

TOKYO -- Japanese corporate profits are on course to rise 1% for another record in fiscal 2018, an estimate that is significantly lower than the 34% j

indicative neutral
FOREX-Euro, pound firm after draft Brexit deal; yen strengthens
FOREX-Euro, pound firm after draft Brexit deal; yen strengthens

*Euro, sterling supported by draft Brexit deal. *Fed rate view, economic growth seen supporting dollar. *Graphic: World FX rates in 2018.

conditional neutral
Here’s how much Brexit turmoil might whack the British pound, analysts predict
Here’s how much Brexit turmoil might whack the British pound, analysts predict

Amid a new flurry of resignations on Thursday, Prime Minister Theresa May and her Brexit plans are vulnerable, throwing the British pound into a spiral lower as uncertainty looms.

conditional negative
Electrifying Hong Kong has pulse and a mind of its own

It's in China but this city rolls differently

conditional positive

14 JPY to HKD currency converter