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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

770 Japanese Yen to Australian Dollar Exchange rates Chart

770 Japanese Yen to Australian Dollar
770 JPY to AUD 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.

770 Japanese Yen to Australian Dollar Exchange rates FAQs

What is 770 JPY to AUD?

The meaning of 770 JPY to AUD is to exchange 770 Japanese Yen to Australian Dollar 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 770 JPY to AUD in the chart below.

Who can convert 770 JPY to AUD?

Anyone with 770 Japanese Yen can find a local bank or a bureau de change to convert into Australian Dollar . However, if neither JPY nor AUD 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 770 JPY to AUD?

Due to the nature of the forex market, the exchange rates for 770 JPY to AUD 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 770 JPY to AUD?

Most likely you are traveling and want to get some Australian Dollar cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 770 Japanese Yen to Australian Dollar. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to exchange 770 JPY to AUD?

Usually you can find a local bank, post office or bureau de change to exchange 770 JPY to AUD. 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 Australian Dollar 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 770 JPY to AUD?

Use the tool we provided here to find the best exchange rates for 770 JPY to AUD. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 770 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!

770 Japanese Yen to Australian Dollar Exchange rates Table

Exchange JPY to AUD
770 Japanese Yen = 10.278 Australian Dollar
1540 Japanese Yen = 20.556 Australian Dollar
3850 Japanese Yen = 51.390 Australian Dollar
7700 Japanese Yen = 102.780 Australian Dollar
Exchange Japanese Yen to Australian Dollar
770 JPY to AUD 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.

770 JPY to AUD at United Currency Exchange

770 JPY to AUD at United Currency Exchange
770 Japanese Yen = 9.983 Australian Dollar
United Currency Exchange
United Currency Exchange

Company Overview United Currency Exchange was founded in 2006 and firstly established in Victoria, Australia. The company operates specifically as a foreign currency exchange dealer servicing international tourists and budget travellers. As the business operates in financial services industry, United Currency Exchange is committed to deliver excellent customer services as well as professionalism throughout its services. We buy and sell foreign currencies at very competitive exchange rates...

United Currency Exchange in Melbourne

Flinders Lane Branch Ground Floor, 228 Flinders Lane Melbourne, Victoria 3000 Australia T : 03 9671 3993 Email Us UCE Map Mon - Fri: 9.30 a.m to 9.00 p.m Sat - Sun: 10.00 a.m to 6.30 p.m Public Holidays: Closed Swanston Branch Level 5, Suite 3 55 Swanston St Corner of Flinders Lane & Swanston St Melbourne, Victoria 3000 Australia T : 03 9671 3993 Email Us UCE Map Mon - Fri: 9.30 a.m to 6.00 p.m Sat - Sun: Closed Public Holidays: Closed QV Branch QV Melbourne, Shop QVA01, Albert Coates Lane...

770 JPY to AUD at World Currency Shop

770 JPY to AUD at World Currency Shop
770 Japanese Yen = 9.092 Australian Dollar
World Currency Shop
World Currency Shop

World Currency Shop is operated by a subsidiary of MUFG Bank, Ltd.

World Currency Shop in Chiba

shop Chiba Sogo Phone 043(203)5370 address 1000 Shinmachi, Chuo-ku, Chiba City, Chiba location B1F Sogo Chiba Dept. Store Business Hours 10:00-19:30 Shop Closed Holidays of "Sogo Chiba" 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...

World Currency Shop in Chiyoda

shop Mitsubishi UFJ Trust and Banking Honten Phone 03(5219)5181 address 1-4-5 Marunouchi, Chiyoda-ku, Tokyo location 1F Mitsubishi UFJ Trust and Banking, Head Office Business Hours Mon-Fri 10:00-18:00 Shop Closed Sat/Sun/Nat'lHolidays 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...

World Currency Shop in Fukuoka

shop Fukuoka Phone 092(739)1620 address 1-12-7 Tenjin, Chuo-ku, Fukuoka City, Fukuoka location 1F MUFG Bank, Fukuoka Branch, Exit11 of Tenjin Sta. Business Hours Mon-Fri 10:00-18:00 Shop Closed Sat/Sun/Nat'lHolidays 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...

World Currency Shop in Funabashi

shop Funabashi Phone 047(460)5012 address 7-1-1 Honcho, Funabashi City, Chiba location 2F Tobu Dept. Store Business Hours Mon-Fri 10:00-18:00 Shop Closed Sat/Sun/Nat'lHolidays 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...

World Currency Shop in Hiroshima

shop Hiroshima Phone 082(545)5223 address 7-19 Hondori, Naka-ku, Hiroshima City, Hiroshima location 4F MUFG Bank, Hiroshima Branch Business Hours Mon-Fri 10:00-16:30 Shop Closed Sat/Sun/Nat'lHolidays 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...

770 Japanese Yen to Australian Dollar Exchange rates Tweets

770 JPY to AUD added 1 tweet
2020-07-04 13:48:01 UTC
EUR/JPY | $EURJPY | $EUR $JPY EURJPY BUY Long or short it with BTC on Trade8: https://t.co/4qiYYpfbBu https://t.co/qdg2EvPfRC
770 JPY to AUD added 1 tweet
2020-07-04 13:30:00 UTC
USD/JPY | $USDJPY | $USD $JPY USDJPY Next Move Long or short it with BTC on Trade8: https://t.co/dPW1ooBB3U https://t.co/Nd3rf5UWOj
770 JPY to AUD added 1 tweet
2020-07-04 13:06:01 UTC
GBP/JPY | $GBPJPY | $GBP $JPY GBP/JPY Long or short it with BTC on Trade8: https://t.co/ReRqdTw0w5 https://t.co/XpPsNMyp89
770 JPY to AUD added 1 tweet
2020-07-04 15:22:27 UTC
RT @cryptocom: 🇦🇺AUD & 🇳🇿NZD are now added to the https://t.co/vCNztATkNg App, joining USD, GBP, EUR, SGD, CAD as the latest payme… https://t.co/ITVSUHhb7M
770 JPY to AUD added 1 tweet
2020-07-04 13:40:15 UTC
RT @cryptocom: 🇦🇺AUD & 🇳🇿NZD are now added to the https://t.co/vCNztATkNg App, joining USD, GBP, EUR, SGD, CAD as the latest payme… https://t.co/ITVSUHhb7M
770 JPY to AUD added 1 tweet
2020-07-04 15:20:04 UTC
#Forex Exchange Rate: $AUD equals 0.9399 $CAD.

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770 Japanese Yen to Australian Dollar Currency converter