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".

77 Japanese Yen to Australian Dollar exchange rates chart

77 JPY to AUD exchange rates graph
77 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.

77 JPY to AUD exchange rates FAQs

What is 77 JPY to AUD?

The meaning of 77 JPY to AUD is to exchange 77 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. Forex.gg is offering inter-market exchange rates to convert 77 JPY to AUD on the chart below.

Who can exchange 77 JPY to AUD?

Anyone with 77 Japanese Yen can find a local bank or a bureau de change to convert into Japanese Yen. 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 Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 77 JPY to AUD?

Due to the nature of the forex market, the exchange rates for 77 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 77 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 77 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 convert 77 JPY to AUD?

Usually you can find a local bank, post office or bureau de change to exchange 77 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 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 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 exchange 77 JPY to AUD?

Use the tool we provided here to find the best exchange rates for 77 Japanese Yen to Australian Dollar. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 77 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!

77 JPY to AUD exchange rates table

Exchange JPY to AUD
77 Japanese Yen = 1.013 Australian Dollar
154 Japanese Yen = 2.026 Australian Dollar
385 Japanese Yen = 5.066 Australian Dollar
770 Japanese Yen = 10.132 Australian Dollar
Exchange Japanese Yen to Australian Dollar
77 Japanese Yen to Australian Dollar 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/AUD exchange rate at United Currency Exchange in Melbourne

77 JPY to AUD exchange rates at United Currency Exchange in Melbourne
77 Japanese Yen = 1.010 Australian Dollar
United Currency Exchange
United Currency Exchange

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 with no commissions,...

Best JPY/AUD exchange rate at World Currency Shop in Tokyo

77 JPY to AUD exchange rates at World Currency Shop in Tokyo
77 Japanese Yen = 0.898 Australian Dollar
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...

77 JPY to AUD news tweets

77 JPY to AUD added 1 tweet
2019-07-21 00:37:44 UTC
RT @SeekingAlpha: Preparing For The Fed Meeting: Stick With The USD, Gold And Japanese Yen https://t.co/mjy6rvoLZz
77 JPY to AUD added 1 tweet
2019-07-21 00:36:19 UTC
RT @Visit_Japan: Some of the finest Japanese whiskey available to enjoy for your Yen. Kanpai!! "11 Best Japanese Whisky Brands" =>… https://t.co/0eIKBD6hDm
77 JPY to AUD added 1 tweet
2019-07-21 00:04:59 UTC
RT @TitaRoseShoiYen: Sooo, YEN, being Japanese representative, for ikapitong trono? Hahaha! Beke leng nemen. Syempre leben leng! TBAY… https://t.co/uqXIE3d82C
77 JPY to AUD added 1 tweet
2019-07-21 00:03:43 UTC
RT @AJtheHuntress: @_urban_Witch @cracked_star Hello, I am Artemis, a local weeb who draws Japanese related fanart that is not Anime.… https://t.co/ufKBSVwoS3
77 JPY to AUD added 1 tweet
2019-07-21 00:00:34 UTC
TODA RACING Chrome-molly flywheel For SXE10 ALTEZZA 3SG 22100-3SG-001 #GREDDY #blackhawkjapan ■ Price: ¥41290 Japan… https://t.co/64G5R2NFGP
77 JPY to AUD added 1 tweet
2019-07-21 00:23:11 UTC
AUD/USD Price Forecast – Australian dollar pulls back to major support https://t.co/8yxC0nsrLf via @YahooFinance
77 JPY to AUD added 1 tweet
2019-07-21 00:11:57 UTC
RT @ahgypt: شركة استرالية تقيم دعوى تحكيم ضد الحكومة المصرية مدعية عليها بما قد يصل لأكثر من ٣٠٠ مليون دولار لفسخها عقدا ادى تق… https://t.co/IakvVD8EPx
77 JPY to AUD added 1 tweet
2019-07-21 00:00:07 UTC
2019年7月21日9時現在の、 paypal予想レート 1 US Dollar = 112.03 円 1 Euro = 125.71 円 1 British Pound = 140.07 円 1 Indian Rupee =… https://t.co/8g2055EsQr
77 JPY to AUD added 1 tweet
2019-07-20 23:25:17 UTC
RT @ahgypt: شركة استرالية تقيم دعوى تحكيم ضد الحكومة المصرية مدعية عليها بما قد يصل لأكثر من ٣٠٠ مليون دولار لفسخها عقدا ادى تق… https://t.co/IakvVD8EPx
77 JPY to AUD added 1 tweet
2019-07-20 23:16:00 UTC
RT @ahgypt: شركة استرالية تقيم دعوى تحكيم ضد الحكومة المصرية مدعية عليها بما قد يصل لأكثر من ٣٠٠ مليون دولار لفسخها عقدا ادى تق… https://t.co/IakvVD8EPx

77 JPY to AUD news media

77 JPY to AUD added 1 medium
2019-07-13T14:20:57+02:00
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77 JPY to AUD added 1 medium
2019-07-13T14:17:32+02:00
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77 JPY to AUD added 1 medium
2019-07-12T05:08:17+02:00
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77 JPY to AUD added 1 medium
2019-06-29T21:31:28+02:00
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77 JPY to AUD added 1 medium
2019-06-28T00:18:50+02:00
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77 JPY to AUD added 1 medium
2019-07-13T22:58:13+02:00
#pounds# #australiandollar# 5
77 JPY to AUD added 1 medium
2019-07-07T12:32:51+02:00
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77 JPY to AUD added 1 medium
2019-06-30T09:30:10+02:00
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77 JPY to AUD added 1 medium
2019-06-29T21:24:01+02:00
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77 JPY to AUD added 1 medium
2019-06-26T15:37:46+02:00
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77 JPY to AUD currency converter

77 JPY to AUD exchange rates

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