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.

Venezuelan Bolívar

1 Japanese Yen to Venezuelan Bolívar exchange rates chart

1 JPY to VES exchange rates graph
1 JPY to VES 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 VES exchange rates FAQs

What is 1 JPY to VES?

The meaning of 1 JPY to VES is to exchange 1 Japanese Yen to Venezuelan Bolívar 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 VES on the chart below.

Who can exchange 1 JPY to VES?

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 VES 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 VES?

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

Most likely you are traveling and want to get some Venezuelan Bolívar 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 Venezuelan Bolívar. 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 VES?

Usually you can find a local bank, post office or bureau de change to exchange 1 JPY to VES. 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 Venezuelan Bolívar 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 VES?

Use the tool we provided here to find the best exchange rates for 1 Japanese Yen to Venezuelan Bolívar. 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 VES exchange rates table

Exchange JPY to VES
1 Japanese Yen = 29.645 Venezuelan Bolívar
2 Japanese Yen = 59.291 Venezuelan Bolívar
5 Japanese Yen = 148.227 Venezuelan Bolívar
10 Japanese Yen = 296.453 Venezuelan Bolívar
Exchange Japanese Yen to Venezuelan Bolívar
1 Japanese Yen to Venezuelan Bolívar 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 VES news tweets

1 JPY to VES added 1 tweet
2019-03-17 08:27:05 UTC
Cryptocurrency hack: 18-year-old Japanese hacker faces criminal charge over 15 million yen hack https://t.co/0qmV6IHlJZ
1 JPY to VES added 1 tweet
2019-03-17 08:27:13 UTC
One of the major concerns of cryptocurrency enthusiasts continues to be hacking and theft, with several exchanges a… https://t.co/Kav4YWjsnO
1 JPY to VES added 1 tweet
2019-03-17 08:27:30 UTC
#bitcoin Cryptocurrency hack: 18-year-old Japanese hacker faces criminal charge over 15 million yen hack… https://t.co/9T42aklYyV
1 JPY to VES added 1 tweet
2019-03-17 08:41:00 UTC
Cryptocurrency hack: 18-year-old Japanese hacker faces criminal charge over 15 million yen hack https://t.co/rdNiqogppE
1 JPY to VES added 1 tweet
2019-03-17 08:46:04 UTC
Donnie yen as IP MAN VS Japanese commander https://t.co/XcLXY5RTrg via @YouTube
1 JPY to VES added 1 tweet
2019-03-16 00:46:54 UTC
United States Immigration and Customs Enforcement (ICE) detained Venezuelan citizen Johana Yarisa Noguera Rojas on… https://t.co/x54yaSU8ux
1 JPY to VES added 1 tweet
2019-03-16 01:51:30 UTC
RT @FernandoAmandi: @jguaido should follow Simon Bolivar’s example and solicit outside military assistance to oust the usurper Maduro a… https://t.co/kbOTneyQGz
1 JPY to VES added 1 tweet
2019-03-16 02:57:51 UTC
RT @FernandoAmandi: @jguaido should follow Simon Bolivar’s example and solicit outside military assistance to oust the usurper Maduro a… https://t.co/kbOTneyQGz
1 JPY to VES added 1 tweet
2019-03-16 03:02:28 UTC
RT @FernandoAmandi: @jguaido should follow Simon Bolivar’s example and solicit outside military assistance to oust the usurper Maduro a… https://t.co/kbOTneyQGz
1 JPY to VES added 1 tweet
2019-03-16 03:07:17 UTC
RT @FernandoAmandi: @jguaido should follow Simon Bolivar’s example and solicit outside military assistance to oust the usurper Maduro a… https://t.co/kbOTneyQGz

1 JPY to VES news media

1 JPY to VES added 1 medium
2019-03-17T13:30:25+01:00
#USDJPY H4 butterfly pattern 🦋 . . . . #dollar #japaneseyen #forex #fx #pips #trade #trader #forextrading #swingtrading #forexsignals #technicalanalysis #forexanalysis #finance #money #capital #forexmarket #stocksmarket #foreignexchange #broker #futures #currency #chart #news #investing #education #motivation #patience #success #royalforex
1 JPY to VES added 1 medium
2019-03-17T18:58:31+01:00
#britishpound #japaneseyen #marketstructure #levels #trends #candlesticks #priceaction
1 JPY to VES added 1 medium
2019-03-16T12:16:24+01:00
Watchlist- #CADJPY H4 potential head & shoulders pattern. . . . #canadiandollar #japaneseyen #forex #fx #pips #trade #trader #forextrading #swingtrading #forexsignals #technicalanalysis #forexanalysis #finance #money #capital #forexmarket #stocksmarket #futures #currency #chart #news #investing #education #motivation #patience #success #royalforex
1 JPY to VES added 1 medium
2019-03-16T18:09:32+01:00
EURJPY Top Down Analysis 📉 - 1W: price has broke below a major support level & retested it as resistance. - 1D: on the daily chart we can see the clear retest of resistance, and we can also see price has been caught above an ascending trend line. Over the past 2 weeks price has broken below the trend line & retested from the other side, finishing the week with a bearish dragonfly doji candle. - 4H: Friday closed with another bearish dragonfly doji breaking below the trend line. We can now start entering short positions ⬇️ - Trade Plan: Sell EURJPY at current price as long as markets don’t gap significantly upon open. Put a stop loss order above the recent high & aim for profit targets at next major support level. - Trade levels: SL - 126.630 TP - 124.420 - Trade safe & make sure to manage risk effectively!👏🏼 - DM me to get setup on my signal service for free, all you need is £100+ to trade with 🔥
1 JPY to VES added 1 medium
2019-03-15T07:58:24+01:00
We all set for JAPAN! 🇯🇵 #moneyexchange #japaneseyen #japantrip #passports #uspassport #travel #travelvlog #worldtravelers #chasingcastles #japan
1 JPY to VES added 1 medium
2013-11-18T04:58:50+01:00
#newbills #2bolivares #10dirhams #50000pesos #1000pesos #2000pesos #mexicanpeso #venezuelanbolivar #colombianpeso #banknotes #banknotes #likeforlike #likeme #like #doubletap #taptap
1 JPY to VES added 1 medium
2015-01-05T16:04:46+01:00
Mon effet photo de Pho.to Lab app #photolab #venezuelanbolivar
1 JPY to VES added 1 medium
2015-01-07T12:04:01+01:00
Collections #phpeso #iranianRial #myanmarkyats #venezuelanBolivar #koreanwon #UsDollar
1 JPY to VES added 1 medium
2015-01-25T08:54:10+01:00
My photo effect from Pho.to Lab app #photolab #venezuelanbolivar
1 JPY to VES added 1 medium
2015-02-11T20:00:08+01:00
My photo effect from Pho.to Lab app #photolab #venezuelanbolivar

1 JPY to VES 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 ...
This week Venezuelans are lining up to validate their signatures on a recall referendum for President Maduro. Among the reasons ...
Venezuela has rolled out a new currency that it's dubbed the 'sovereign bolivar'. For more on the fiscal makeover and its ...
RTD News keeps you up to date on what's happening around the globe. Thanks for watching this important update, "#Venezuela ...
CNN's Karl Penhaul reports on the problems Venezuelans are facing getting a bang for their buck. To License This Clip, Click ...
Subscribe to France 24 now : http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 ...

1 JPY to VES 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

8 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.

8 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.

12 days conditional neutral
Venezuela: region's infectious crisis is a disaster of hemispheric proportions

New survey of insect-borne disease in Venezuela.

24 days indicative neutral
Venezuela: 'All my life's savings were destroyed by hyperinflation' | #TheCube

#TheCube | "Hyperinflation is too great for families to feed themselves." Amid a political crisis and growing economic collapse, what is hyperinflation like for Venezuelans? The Cube reached out to social media users who told their stories through receipts.

about 1 month conditional negative
Preserve Venezuela relationship

THE EDITOR, Sir:The impending expropriation of the shares of the Venezuelan-owned Petrojam shares is going to cause a bitter squabble between Jamaica and their former partner. This could have been prevented, or circumvented, if prior analytical work...

about 2 months conditional positive

1 JPY to VES currency converter

1 JPY to VES exchange rates

7600 JPY to HKD
Beijing, People’s Republic of China.
71000 KRW to AUD
Beijing, People’s Republic of China.
1 USD to CAD
Stoney Creek, Canada.
10 IDR to VND
Beijing, People’s Republic of China.
34 USD to IDR
Beijing, People’s Republic of China.
100 INR to CSD
New Delhi, Republic of India.
100 INR to CSD
New Delhi, Republic of India.
100 KWD to INR
Kuwait City, State of Kuwait.
1 USD to CAD
Stoney Creek, Canada.
100 EUR to PKR
Madrid, Kingdom of Spain.
100 EUR to PKR
Madrid, Kingdom of Spain.
100 KWD to INR
Kuwait City, State of Kuwait.
100 OMR to BDT
Dhaka, Bangladesh.
100 OMR to BDT
Dhaka, Bangladesh.
100 EUR to PKR
Madrid, Kingdom of Spain.
100 EUR to PKR
Madrid, Kingdom of Spain.
100 EUR to PKR
Madrid, Kingdom of Spain.
9000000 USD to BDT
Beijing, People’s Republic of China.
100 EUR to PKR
Madrid, Kingdom of Spain.