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.

Thai Baht

Thai Baht

The baht (; Thai: บาท, pronounced [bàːt]; sign: ฿; code:100 THB) is the official currency of Thailand. It is subdivided into 100 satang (สตางค์, pronounced [sətāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of February 2017, the Thai baht is ranked as the 10th most frequently used world payment currency.According to a report in the South China Morning Post, the China Banknote Printing and Minting Corporation produces at least some Thai banknotes and coins.

15 Japanese Yen to Thai Baht exchange rates chart

15 JPY to THB exchange rates graph
15 JPY to THB 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.

15 JPY to THB exchange rates table

Exchange JPY to THB
15 Japanese Yen = 4.341 Thai Baht
30 Japanese Yen = 8.682 Thai Baht
75 Japanese Yen = 21.706 Thai Baht
150 Japanese Yen = 43.412 Thai Baht
Exchange Japanese Yen to Thai Baht
15 Japanese Yen to Thai Baht 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/THB rate at World Currency Shop in Tokyo

15 JPY to THB exchange rates at World Currency Shop in Tokyo
15 Japanese Yen = 3.836 Thai Baht
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/THB rate at Super Rich Thailand in Bangkok

15 JPY to THB exchange rates at Super Rich Thailand in Bangkok
15 Japanese Yen = 4.358 Thai Baht
Super Rich Thailand
Super Rich Thailand

Company Profile บริษัท ซุปเปอรริช (ไทยแลนด) จำกัด ผูนำในธุรกิจแลกเปลียนเงินตางประเทศ ดำเนินธุรกิจดวยความเปนมืออาชีพ ยาวนานกวา 50 ปี ตลอดระยะเวลาทีผานมาเราไมเคยหยุดทีจะพัฒนาคุณภาพขององคกรในทุกดาน เพือมอบสิงทีดีทีสุดใหกับลูกคา ปัจจุบันบริษัทเติบโตอยางไมหยุดยัง นอกเหนือจากอัตราแลกเปลียนทีดีทีสุดในประเทศไทยแลว ลูกคาทุกทานยังไดรับบริการทีเปนมิตรจากพนักงานทีมีความเชียวชาญสูง ทุกคนลวนผานการฝึกฝนอบรม พัฒนาทักษะในการบริการแลกเปลียนเงินตางประเทศอยางเขมขน ทำให บริษัท ซุปเปอรริช (ไทยแลนด) จำกัด กาวขึนเป...

Best JPY/THB rate at Bangkok Bank in Bangkok

15 JPY to THB exchange rates at Bangkok Bank in Bangkok
15 Japanese Yen = 4.280 Thai Baht
Bangkok Bank
Bangkok Bank

Established in 1944, Bangkok Bank is one of Southeast Asia’s largest regional banks with total assets of 3,076,310 million baht. We are a leading provider of corporate finance and SME lending in Thailand, with approximately 240 business centers and business desks, and we also have the country's largest retail customer base of more than 17 million accounts. Our business-banking services include syndicated loans, debt securities underwriting, trade finance, project finance, custodial services,...

Best JPY/THB rate at Vasu Exchange in Bangkok

15 JPY to THB exchange rates at Vasu Exchange in Bangkok
15 Japanese Yen = 4.350 Thai Baht
Vasu Exchange
Vasu Exchange

Vasu Exchange 4.6106 Google reviews Currency exchange service in Bangkok, Thailand Address: Sukhumvit Rd, Khwaeng Khlong Toei Nuea, Khet Watthana, Krung Thep Maha Nakhon 10110, Thailand Welcome to Vasu The Residence - the 20 -storey, modern-style apartment one of the most exclusive areas of Bangkok-Sukhumvit 55 ( Thong Lor ). Tel +66(0)2714-7780 Fax +66(0)2714-8977 Email: [email protected] Website : www.vasutheresidence.com

15 JPY to THB exchange rates news

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Thailand News: Nigerian romance scammer arrested by Big Joke on four year overstay

Nigerian romance scammer arrested by Big Joke on four year overstay Picture: Thai Rath Thai Rath's columnist Pluengpayak reported that Immigration Chief Maj-Gen Surachate Hakparn had arrested another romance scammer from Nigeria.  Evidence of 41 victims were found on the African's phone along with...

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Hua Hin News: 400,000 baht shark net comes loose again: Hua Hin tourists still swimming

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15 JPY to THB currency converter