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.

Pakistani Rupee

Pakistani Rupee

The Pakistani rupee (Urdu: روپیہ‬‎ / ALA-LC: Rūpiyah; sign: ₨; code: PKR) is the currency of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan, the central bank of the country. The most commonly used symbol for the rupee is Rs, used on receipts when purchasing goods and services. In Pakistan, the rupee is also spelled as "rupees", "rupaya" or "rupaye". As standard in Pakistani English, large values of rupees are counted in terms of thousands; lakh (100,000); crore (10 million); arab (1 billion); kharab (100 billion).

1 Japanese Yen to Pakistani Rupee Exchange rates Chart

1 Japanese Yen to Pakistani Rupee
1 JPY to PKR 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 Japanese Yen to Pakistani Rupee Exchange rates FAQs

What is 1 JPY to PKR?

The meaning of 1 JPY to PKR is to exchange 1 Japanese Yen to Pakistani Rupee by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. We are offering inter-market exchange rates to convert 1 JPY to PKR in the chart below.

Who can convert 1 JPY to PKR?

Anyone with 1 Japanese Yen can find a local bank or a bureau de change to convert into Pakistani Rupee . However, if neither JPY nor PKR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why we are offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 1 JPY to PKR?

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

Most likely you are traveling and want to get some Pakistani 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 Pakistani Rupee. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to exchange 1 JPY to PKR?

Usually you can find a local bank, post office or bureau de change to exchange 1 JPY to PKR. 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 we are 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 Pakistani 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 convert 1 JPY to PKR?

Use the tool we provided here to find the best exchange rates for 1 JPY to PKR. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 1 Japanese Yen in hand then exchange the cash you want in store or online. It's just that simple with no fees or commissions from us!

1 Japanese Yen to Pakistani Rupee Exchange rates Table

Exchange JPY to PKR
1 Japanese Yen = 1.554 Pakistani Rupee
2 Japanese Yen = 3.108 Pakistani Rupee
5 Japanese Yen = 7.769 Pakistani Rupee
10 Japanese Yen = 15.538 Pakistani Rupee
Exchange Japanese Yen to Pakistani Rupee
1 JPY to PKR 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.

1 JPY to PKR at Paragon Exchange

1 JPY to PKR at Paragon Exchange
1 Japanese Yen = 1.515 Pakistani Rupee
Paragon Exchange
Paragon Exchange

Corporate Profile Paragon Exchange Private Limited is in the business of Currency Exchange, since May 2011. Focusing our slogan “We Deliver Happiness” Paragon Exchange has join hands with Western Union FSI GmbH as an agent for Inward Remittances business in Pakistan. Parex is serving a broad customer base by its country wide branches network. “Paragon Exchange Private Limited”, is registered as a private limited company with Securities & Exchange Commission of Pakistan under the Companies...

Paragon Exchange in Faisalabad

Faisalabad Branch Shop # 2, Ground Floor,Saddiq Plaza, Katchehry bazar, Faisalabad, Pakistan. Phone: +92 (41) 2613775 & +92 (41) 2615777 Fax: +92 (41) 2619975 Email:[email protected]

Paragon Exchange in Gujranwala

Gujranwala Branch Shop No.2 ,Khiwat No.176 Khasra No-281 Area 2-1/4 Marla, Ground Floor Gala Mandi, GT Road Gujranwala. Pakistan. Phone: 055-3251003-5 Email: [email protected]

Paragon Exchange in Gujrat

Circular Road Branch Shop # 1,Hussain Center,Chowk Pakistan,Gujrat,Pakistan Phone: +92 (53) 3515542 & +92 (53) 3515543 Fax: +92 (53) 3515543 Email: [email protected] Kotla Arab Ali Khan Branch Shop # 2, Umar Manzil, Bhimber road, Main Kotla Arab Ali Khan (Near Dubai Islamic Bank) Tehsil Kharian, District Gujrat, Punjab Pakistan. Phone: +92(53) 7576833- +92(53) 7576834 Email:[email protected]

Paragon Exchange in Islamabad

Islamabad Blue Area Branch Shop # 4, Shalimar Plaza, Blue Area Islamabad Phone: 051-2805541-43,051-2805547 Email: [email protected]

Paragon Exchange in Karachi

DHA Karachi Branch Shop # 4, Plot NO 7-C, Street # 10, Badar Commercial Area Phase V DHA, Karachi Phone: +92(21)-35244481-84 Email: [email protected] Gulistan e Johar Branch Shop No.007, Basera Tower, Block 17, Gulistan-e-Johar, Karachi. Pakistan. Phone: 021-34611713-714 Email: [email protected] Nagan Chowrangi Branch Shop No.3 Ground Floor Al- Aslam Plaza , Plot no 31, Sector 11-H Nagan Chowrangi Karachi. Pakistan. Phone: 021-36409023-24...

1 Japanese Yen to Pakistani Rupee Exchange rates Tweets

1 JPY to PKR added 1 tweet
2020-07-12 03:00:00 UTC
AUD/JPY | $AUDJPY | $AUD $JPY AUDJPY sell confirmed Long or short it with BTC on Trade8: https://t.co/WBaraQ7Ixy https://t.co/ps46PrNFOj
1 JPY to PKR added 1 tweet
2020-07-12 02:39:01 UTC
AUD/JPY | $AUDJPY | $AUD $JPY AUDJPY is GOING to SKYROCKET! Long or short it with BTC on Trade8:… https://t.co/IUnAKPKbmg
1 JPY to PKR added 1 tweet
2020-07-12 01:06:01 UTC
EUR/JPY | $EURJPY | $EUR $JPY EURJPY Long or short it with BTC on Trade8: https://t.co/qrnSfdvKJS https://t.co/iyRY0Q4oKp
1 JPY to PKR added 1 tweet
2020-07-04 16:51:20 UTC
1 #satoshi = 0.00032 $TMT 🇹🇲 0.00769 $BDT 🇧🇩 0.00700 $AFN 🇦🇫 0.00140 $MVR 🇲🇻 0.00009 $USD 🇺🇸 0.00648 $RUB 🇷🇺… https://t.co/Oj7M0rfjae
1 JPY to PKR added 1 tweet
2020-07-04 10:51:19 UTC
1 #satoshi = 0.00008 $EUR 🇪🇺 0.00677 $INR 🇮🇳 0.00094 $TJS 🇹🇯 0.00032 $TMT 🇹🇲 0.00140 $MVR 🇲🇻 0.01686 $LKR 🇱🇰… https://t.co/XAxdlIFgph
1 JPY to PKR added 1 tweet
2020-07-05 12:21:22 UTC
1 #satoshi = 0.01513 $PKR 🇵🇰 0.00281 $THB 🇹🇭 0.00214 $CZK 🇨🇿 0.05252 $CRC 🇨🇷 0.00016 $AWG 🇦🇼 0.00139 $MVR 🇲🇻… https://t.co/ISs3fum8oq

1 Japanese Yen to Pakistani Rupee Exchange rates Videos

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1 Japanese Yen to Pakistani Rupee Exchange rates News

GBP/JPY Price Forecast – British Pound Grinding Lower Against Yen

The British pound poked a bit lower against the Japanese yen during the trading session on Monday, as traders came back to work.

27 days conditional neutral
USD/JPY Price Forecast - US Dollar Slams Into Familiar Price

The US dollar has rallied a bit during the trading session on Thursday against the Japanese yen, reaching towards the ¥107.50 level.

20 days conditional positive
Japanese Yen Outlook: USD/JPY & GBP/JPY Charts to Watch

The Japanese yen continues to go nowhere versus the Dollar, but vs Sterling it is around a potentially big spot on the charts.

20 days conditional negative
Today Currency Rate in Pakistan, 2nd July 2020

Latest Currency Rate In Pakistan – Dollar, Euro, Pound, Riyal Rates On 2nd July 2020Today currency rate in Pakistan according to international currencies

8 days indicative positive

1 Japanese Yen to Pakistani Rupee Currency converter