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.

Indian Rupee

Indian Rupee

The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The rupee is subdivided into 100 paise (singular paisa), though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. The rupee is named after the silver coin, rupiya, first issued by Sultan Sher Shah Suri in the 16th century and later continued by the Mughal Empire. In 2010, a new rupee symbol '₹', was officially adopted. It was derived from the combination of the Devanagari consonant "र" (ra) and the Latin capital letter "R" without its vertical bar (similar to the R rotunda). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolour Indian flag, and also depict an equality sign that symbolises the nation's desire to reduce economic disparity. The first series of coins with the new rupee symbol started in circulation on 8 July 2011. On 8 November 2016 the Government of India announced the demonetisation of ₹500 and ₹1000 banknotes with effect from midnight of the same day, making these notes invalid. A newly redesigned series of ₹500 banknote, in addition to a new denomination of ₹2000 banknote is in circulation since 10 November 2016. The new redesigned series is also expected to be enlarged with banknotes in the denominations of ₹1000, ₹100 and ₹50 in the coming months.On 25 August 2017, a new denomination of ₹200 banknote was added to Indian currency to fill the gap of notes due to high demand for this note after demonetisation.In July 2018, the Reserve Bank Of India released the ₹100 banknote.

1 Japanese Yen to Indian Rupee exchange rates chart

1 JPY to INR exchange rates graph
1 JPY to INR 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.

1 JPY to INR exchange rates FAQs

What is 1 JPY to INR?

The meaning of 1 JPY to INR is to exchange 1 Japanese Yen to Indian Rupee 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 1 JPY to INR on the chart below.

Who can exchange 1 JPY to INR?

Anyone with 1 Japanese Yen can find a local bank or a bureau de change to convert into Japanese Yen. However, if neither JPY nor INR 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 1 JPY to INR?

Due to the nature of the forex market, the exchange rates for 1 JPY to INR 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 1 JPY to INR?

Most likely you are traveling and want to get some Indian Rupee cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 1 Japanese Yen to Indian Rupee. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 1 JPY to INR?

Usually you can find a local bank, post office or bureau de change to exchange 1 JPY to INR. 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 Indian Rupee 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 1 JPY to INR?

Use the tool we provided here to find the best exchange rates for 1 Japanese Yen to Indian Rupee. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 1 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!

1 JPY to INR exchange rates table

Exchange JPY to INR
1 Japanese Yen = 0.623 Indian Rupee
2 Japanese Yen = 1.247 Indian Rupee
5 Japanese Yen = 3.116 Indian Rupee
10 Japanese Yen = 6.233 Indian Rupee
Exchange Japanese Yen to Indian Rupee
1 Japanese Yen to Indian Rupee 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/INR exchange rate at Weizmann Forex in New Delhi

1 JPY to INR exchange rates at Weizmann Forex in New Delhi
1 Japanese Yen = 0.580 Indian Rupee
Weizmann Forex
Weizmann Forex

The Weizmann Group comprises these key enterprises: Weizmann Forex Ltd. – Foreign Exchange, Remittance, Insurance, Tours, Travel. Weizmann Ltd. – Textile Processing and Exports. For more information please visit www.weizmann.co.in Weizmann International Ltd. – Textile Exports. For more information please visit www.weizmann.co.in Karma Energy Ltd. – Development of Renewable Energy Projects, mainly Wind and Small Hydro. For more information please visit www.karmaenergy.co Greenweiz...

Best JPY/INR exchange rate at RRSB Forex in New Delhi

1 JPY to INR exchange rates at RRSB Forex in New Delhi
1 Japanese Yen = 0.585 Indian Rupee
RRSB Forex
RRSB Forex

RRSB Forex was the beginning of a legacy. Much before India got its independence, in a period where business was carried out in the British currency in the then English colony, India, there emerged an enterprising family that forever changed the way Indian entrepreneurs carried out their businesses. Introducing the concept of money changing in 1912, the Sen family established R.R. Sen & Brothers (Pvt) Ltd., the very first foreign exchange dealership in India, which is today famous as RRSB...

1 JPY to INR news tweets

1 JPY to INR added 1 tweet
2019-04-18 01:06:51 UTC
速報)「日本円みせてくれ」詐欺事件簿 No13 in チットロム駅 https://t.co/Gym620286N
1 JPY to INR added 1 tweet
2019-04-18 01:36:09 UTC
USD/JPY Forex Technical Analysis – Going Nowhere Fast on Light Pre-Holiday Volume - https://t.co/2Se3j54S0f https://t.co/kOngNqRFTY
1 JPY to INR added 1 tweet
2019-04-18 01:36:09 UTC
USD/JPY: Bulls stuck in their tracks near 112 the figure - https://t.co/2Se3j54S0f https://t.co/p0qLtkoKg7
1 JPY to INR added 1 tweet
2019-04-18 02:25:54 UTC
Please go to volunteer activities to learn Japanese. Location: Kodaira-shi Hanakoganei Price: 200 yen / month (tea,… https://t.co/hyolIq81Yu
1 JPY to INR added 1 tweet
2019-04-18 02:34:03 UTC
▶ Japanese Market Declines: The Japanese stock market is declining on Thursday after five straight days of gains, f… https://t.co/59xPLfpjyI
1 JPY to INR added 1 tweet
2019-04-17 19:42:05 UTC
The nosedive of Indian Rupee which is holding the record of the most devalued currency in Asia #NyayForUnemployed… https://t.co/ZrRnGDQeBK
1 JPY to INR added 1 tweet
2019-04-17 19:58:20 UTC
RT @VenkataRamanaJu: The nosedive of Indian Rupee which is holding the record of the most devalued currency in Asia #NyayForUnemployed… https://t.co/ZrRnGDQeBK
1 JPY to INR added 1 tweet
2019-04-17 20:22:29 UTC
RT @VenkataRamanaJu: The nosedive of Indian Rupee which is holding the record of the most devalued currency in Asia #NyayForUnemployed… https://t.co/ZrRnGDQeBK
1 JPY to INR added 1 tweet
2019-04-17 20:48:39 UTC
RT @VenkataRamanaJu: The nosedive of Indian Rupee which is holding the record of the most devalued currency in Asia #NyayForUnemployed… https://t.co/ZrRnGDQeBK
1 JPY to INR added 1 tweet
2019-04-17 20:49:49 UTC
RT @VenkataRamanaJu: The nosedive of Indian Rupee which is holding the record of the most devalued currency in Asia #NyayForUnemployed… https://t.co/ZrRnGDQeBK

1 JPY to INR news media

1 JPY to INR added 1 medium
2019-04-18T07:45:27+02:00
京都の祇園と清水にて自動外貨両替機稼働中!! Money exchange ! 外貨両替! 外币兑换! 外幣兌換!외화환전! #京都 #祇園 #清水 #外貨 #両替 #Kyoto #gion #Kiyomizu #Currency #exchange #ドル #ユーロ #円 #レート #japaneseyen
1 JPY to INR added 1 medium
2019-04-18T09:39:36+02:00
Eurjpy sell +70 pips. Forex signals telegram channel. Join us! Link in bio. #thunderpipsforex #thunderpipsfx #thunderpips #jpy #eur #eurjpy #japaneseyen #euro #europe #yen #forexjapan #forexeurope #forextraders #forexsignal #forexmoney #forexprofit #forexlife #forexlifestyle #forex #forexsignals #forexmarket #forextrade #forextrader #forexanalysis #fxsignals #trading #tradingforex #pips #profits
1 JPY to INR added 1 medium
2019-04-18T11:11:28+02:00
We give this 5-yen coin in exchange for following our page! Wishing for #goodhealth #goodluck #goodfate #japan #tokyo #ueno #tokyohotel #cotohahotel #coin #yen #japaneseyen
1 JPY to INR added 1 medium
2019-04-18T14:20:21+02:00
Can you tell what it is? 😏 I got a ring of something the other day.. I want more and more of this coz it flies fast ! lol 😂 💍💫 #japaneseyen #japanese #japancurrency #japanesecurrency #money #moneymoney #money💰 #moneytalks #moneyflow #moneysaving #moneygram💸💸 #moneylife #japan #japan🇯🇵 #japanlover #japanlife #lifeinjapan #lifeinjapan❤️ #lifeinjapan🇯🇵 #ring #rings #rings💍 #ringoftheday #ring💍 #ringporn #ringsofinstagram #showmeyourrings #ringstagram #yamanashi #yamanashiprefecture
1 JPY to INR added 1 medium
2019-04-18T17:15:04+02:00
USD/#JPY. Japanese yen. 2H. There is only one option left to consider. According to this, the initials are forming and there will be a large devaluation of the yen in the range of 125-186 #USDJPY #USD #japaneseyen #89Waves #EWT #ELLIOTTWAVE #ewp2005 #forex #forextrader #trading #trader #forexsignals #forexmoney #forexprofit #forexlife #forexbusiness #forexanalysis #forexsignal #forexmarket #forextrader #waveanalysis #analytics #money #currency #currencies #finance #invest
1 JPY to INR added 1 medium
2019-04-18T18:05:44+02:00
Life is really simple 😊. . . . . . . . . . . . . #dream #achieve #travel #travelphotography #traveler #karnatakatourism #travelkarnataka #india #indian #indianrupee #hampi #rocks #car #iphone #iphone7plus #iphone7plusphotography
1 JPY to INR added 1 medium
2019-04-18T18:52:16+02:00
... 🇮🇳 20 Rupees (2015) Obverse: Mahatma Gandhi Reverse: Coconut Trees #banknote #banknotes #collection #notaphily #notaphilist #nofilter #scanjet #india #indianrupee
1 JPY to INR added 1 medium
2019-04-19T04:51:06+02:00
20 paise morning click #mobilephotography #indianrupee
1 JPY to INR added 1 medium
2019-04-17T07:41:00+02:00
Happy Mahavir Jayanti. #mahavirjayanti #mahavir #coin #coincollecting #coincollection #festival #instagood #instadaily #hobby #coincollector #numismatics #numismatic #numismatik #numismatica #royalmint #indianrupee #india_gram #india_clicks #incredibleindia #maharashtra_ig #ingodwetrust #god #godisgood #coinsworld #india_undiscovered #storiesofindia #indiatravelgram #historyinpictures #likeforfollow #followforfollowback
1 JPY to INR added 1 medium
2019-04-17T18:16:43+02:00
... 🇮🇳 10 Rupees (2013) Obverse: Mahatma Gandhi Reverse: Native Animals #banknote #banknotes #collection #notaphily #notaphilist #nofilter #scanjet #india #indianrupee

1 JPY to INR 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 ...
The economy of India is still going strong with an economic growth of about 7,5% per year. Yet the media wants us to believe ...
INDIAN RUPEE An interesting narration involving real estate business directed by Ranjith supported by stars, Prithviraj, Rima ...
In This Video We Will Talk About Indian Currency. What countries use Rupee as a Currency And Why. #Rupee #India #Currency ...
Paper currency is a fascinating topic because it's something we interact with on a daily basis, but we don't typically give a lot of ...

1 JPY to INR news texts

Taiwan authorities seize huge stash of forged Japanese yen banknotes | Society | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, April 9 (CNA) Authorities in Taiwan have seized thousands of forged Japanese yen banknotes and arrested a woman in New Taipei on suspicion of smuggling the notes into the country, the Taipei District Prosecutors Office said Monday.

10 days conditional negative
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

about 1 month 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.

about 1 month 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.

about 1 month conditional neutral
Indian parties woo women as polls loom

MUMBAI (Thomson Reuters Foundation) — India’s ruling party promised cheap sanitary pads, workplace creches and quotas to get more women into Parliament on Monday, seeking to woo female voters ahead of a general election.

10 days indicative positive
Indian Rupee At Over Seven-month Highs; Further Gains Likely

The RBI plans to swap rupees for dollars for a total for $5 billion with domestic banks which is likely to help achieve its twin objectives of pushing interest rates down while also preventing a sharp appreciation in the rupee, , rupee

11 days conditional neutral
Sri Lanka official reserves at USD 6.0 billion by end February

Sri Lanka business and economy news as it breaks. We pioneered Online Business Media properties in Sri lanka and proud owners of the respected brands LBR, LBO

about 1 month indicative neutral
Rupee rises by 21 paise to 70.28 vs US dollar on easing crude price

Despite strong selling of the American currency, easing crude oil prices and robust foreign fund inflows helped the rupee in its second successive gain.

about 1 month indicative negative

1 JPY to INR currency converter

1 JPY to INR exchange rates

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