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.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

8 Japanese Yen to South African Rand exchange rates chart

8 JPY to ZAR exchange rates graph
8 JPY to ZAR 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.

8 JPY to ZAR exchange rates FAQs

What is 8 JPY to ZAR?

The meaning of 8 JPY to ZAR is to exchange 8 Japanese Yen to South African Rand 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 8 JPY to ZAR on the chart below.

Who can exchange 8 JPY to ZAR?

Anyone with 8 Japanese Yen can find a local bank or a bureau de change to convert into Japanese Yen. However, if neither JPY nor ZAR 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 8 JPY to ZAR?

Due to the nature of the forex market, the exchange rates for 8 JPY to ZAR 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 8 JPY to ZAR?

Most likely you are traveling and want to get some South African Rand cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 8 Japanese Yen to South African Rand. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 8 JPY to ZAR?

Usually you can find a local bank, post office or bureau de change to exchange 8 JPY to ZAR. 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 South African Rand 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 8 JPY to ZAR?

Use the tool we provided here to find the best exchange rates for 8 Japanese Yen to South African Rand. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 8 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!

8 JPY to ZAR exchange rates table

Exchange JPY to ZAR
8 Japanese Yen = 1.037 South African Rand
16 Japanese Yen = 2.073 South African Rand
40 Japanese Yen = 5.184 South African Rand
80 Japanese Yen = 10.367 South African Rand
Exchange Japanese Yen to South African Rand
8 Japanese Yen to South African Rand 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/ZAR exchange rate at Master Currency Foreign Exchange in Cape Town

8 JPY to ZAR exchange rates at Master Currency Foreign Exchange in Cape Town
8 Japanese Yen = 63.819 South African Rand
Master Currency Foreign Exchange
Master Currency Foreign Exchange

Master Currency is the preferred foreign exchange solution provider for thousands of business and leisure travellers. Our foreign exchange bureaus are conveniently situated in major metropolitan centres across South Africa, with a strong presence at international airports. Our products and services include: South Africa’s widest range of World Currency Cards (preloaded with destination currency), foreign bank notes, Western Union money transfers, drafts and telegraphic transfers. Master...

Best JPY/ZAR exchange rate at Standard Bank in Johannesburg

8 JPY to ZAR exchange rates at Standard Bank in Johannesburg
8 Japanese Yen = 0.972 South African Rand
Standard Bank
Standard Bank

The bank now known as Standard Bank was formed in 1862 as a South African subsidiary of the British overseas bank Standard Bank, under the name The Standard Bank of South Africa. The bank's origins can be traced to 1862, when a group of businessmen led by the prominent right-wing South African politician John Paterson[3][4] formed a bank in London, initially under the name Standard Bank of British South Africa. The bank started operations in 1863 in Port Elizabeth, South Africa, and soon...

Best JPY/ZAR exchange rate at Bidvest Bank in Johannesburg

8 JPY to ZAR exchange rates at Bidvest Bank in Johannesburg
8 Japanese Yen = 1.003 South African Rand
Bidvest Bank
Bidvest Bank

We’re a leading second tier bank and a subsidiary of The Bidvest Group Limited. Our strategy includes diversifying a historically forex- and fleet-focused customer base to one of business and personal banking services. This diversification strategy, combined with a prudent lending philosophy resulted in the recent upgrade, by Moody’s Financial Services, of Bidvest Bank’s long-term national scale rating from A1 to Aa2, an increase of two notches. About Us Bidvest Bank is an entrepreneurial...

8 JPY to ZAR news tweets

8 JPY to ZAR added 1 tweet
2019-03-18 09:59:00 UTC
An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing over $100,000 in… https://t.co/WGCIs9ell5
8 JPY to ZAR added 1 tweet
2019-03-18 09:59:21 UTC
RT @btcfork: Based upon machine translation, it seems Coincheck is selling off $BSV and re-imbursing its account holders with Ja… https://t.co/V4vyKVOJoQ
8 JPY to ZAR added 1 tweet
2019-03-18 10:04:28 UTC
@WhiteHouse The weakest currency is the US dollar! The strongest currencies are the Japanese Yen and the Euro. This… https://t.co/7sN4hoCchF
8 JPY to ZAR added 1 tweet
2019-03-18 10:04:47 UTC
@realDonaldTrump The weakest currency is the US dollar! The strongest currencies are the Japanese Yen and the Euro.… https://t.co/5ScIRTt6Wt
8 JPY to ZAR added 1 tweet
2019-03-18 10:10:00 UTC
RT @jisoolip: Yahoo Japan starts doing pre order for BLACKPINK new EP, 2 versions + posters I checked few japanese stores and it… https://t.co/pJzglGhRHh
8 JPY to ZAR added 1 tweet
2019-03-15 09:11:56 UTC
USD/ZAR Daily Forecast – 15 March 2019 The US dollar has rallied again against the South African Rand during trad… https://t.co/iacVeLtHCu
8 JPY to ZAR added 1 tweet
2019-03-18 06:12:16 UTC
The #Dollar slips against its rivals, The #AustralianDollar rose to 0.7085. #Yields Slump. #ThaiBaht, South African… https://t.co/aS9jgbPszr
8 JPY to ZAR added 1 tweet
2019-03-18 06:14:27 UTC
The #Dollar slips against its rivals, The #AustralianDollar rose to 0.7085. #Yields Slump. #ThaiBaht, South African… https://t.co/yhUrp0OAbv
8 JPY to ZAR added 1 tweet
2019-03-18 06:30:00 UTC
🇿🇦 "We save at least 1 hour per client per week. If we multiply that by 80 clients, at an average of 450 rand, it's… https://t.co/HAJV5T9dHj
8 JPY to ZAR added 1 tweet
2019-03-18 07:47:28 UTC
Public holiday will lower liquidity in South African market which could make #Rand react out of sync with #EM peers… https://t.co/JJLeWxc1GM

8 JPY to ZAR news media

8 JPY to ZAR added 1 medium
2019-03-18T12:52:21+01:00
ご覧の決済を取扱中です。ポイント、マイル、キャッシュバックキャンペーン等、お得な決済方法をご利用ください。あ!画像にオリガミが入ってなかった。 #visa #master #jcb #discover #diners #amex #paypay #alipay #銀聯 #origamipay #japaneseyen
8 JPY to ZAR added 1 medium
2019-03-18T16:23:10+01:00
Gbpjpy sell +100 pips. Forex signals telegram channel. Join us! Link in bio. #thunderpipsforex #thunderpipsfx #thunderpips #gbp #jpy #gbpjpy #poundsterling #japaneseyen #yen #pound #forexuk #forexjapan #forextraders #forexsignal #forexmoney #forexprofit #forexlife #forexlifestyle #forex #forexsignals #forexmarket #forextrade #forextrader #forexanalysis #fxsignals #trading #tradingforex #pips #profits
8 JPY to ZAR added 1 medium
2019-03-18T20:17:09+01:00
🇯🇵 1000 Japanese yen with image of Hideyo Noguchi and Mt Fuji, cherry blossoms and Lake Motosu in the reverse. #papermoney #banknotes #collector #japaneseyen
8 JPY to ZAR added 1 medium
2019-03-19T04:44:49+01:00
Bulls and Bears, that’s what it’s all about! #bullish #bearish #forex #trading #news #usdcad #money #market #dollar #withdraw #forextrading #usd #yen #japaneseyen #trade #traders #broker #introducingbroker #stocks #mt4 #leverage #外汇 #liquidity #CFD #investor #wallstreet #外国為替 #forexlifestyle #crypto #gold
8 JPY to ZAR 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
8 JPY to ZAR added 1 medium
2019-03-15T14:52:43+01:00
South African 2 rand from 1980 and 10 rand from 2016
8 JPY to ZAR added 1 medium
2019-03-15T14:53:35+01:00
South African 20 and 50 rand from 2018, “Nelson Mandela Centenary" Commemorative banknotes
8 JPY to ZAR added 1 medium
2019-03-14T13:25:32+01:00
24 H Auction Bid starts @ $200 $50 increments Tag the last person you outbid. Have to be PayPal ready. Auction ends 10:00 am EST . . . . . . #moneyart #currencyart #money #paperbills #madiba #nelsonmandela #mandela #southafrica #aouthafricanmoney #southafricanrand #artauction
8 JPY to ZAR added 1 medium
2019-03-14T23:07:53+01:00
Пам'ятаєте з моїх сторіз? Дехто думав, що це памятник якомусь азіату, а насправді це памятник Нельсону Манделі перед будівлею генерального консульства ПАР у Мілані. Насправді у багатьох африканців очі трохи вузькі. Особливо у нащадків кочових племен, які пересувалися пустелями, бо яскравого сонця на їх долю в падало хоч відбавляй. Мандела, або Мадіба, як його поважно називають в ПАР (за назвою його клану), звісно легендарна особистість на його батьківщині. Його лице на усіх банкнотах місцевої валюти - рандів. А минулого року з нагоди ста років з дня його народження, до обігу випустили нову банкноту в 200 ранд (це найдорожча банкнота, еквівалент приблизно 13 євро), де Мандела тепер і на зворотній стороні (замість звичайного там леопарда). . Про велику п'ятірку розкажу вам трохи згодом 😊 #мандрівки #південнаафрика
8 JPY to ZAR added 1 medium
2019-03-07T08:50:18+01:00
With banks going fully digital, I’ve had a change of perceptive regarding small change. I now feel absolutely nothing to stand and count the exact amount when paying for grocery’s. Another classic example of sectors not working together to serve the end user. #money #smallchange #longques #digital #digital banking #Zar #southafricanrand #southafrica #picknpay

8 JPY to ZAR 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 ...
It's touch and go at the moment. South African growth figures have been on a see saw this year. First quarter growth figures ...
One year for demonetization.. South Africa will use Banned 500 and 1000 Rs note! Yes. Still thinking? Watch this video to get the ...
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of the creation of a sovereign wealth ...
LOOK THROUGH MY BOOKS! http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps ...
Rainbow nation? Antiapartheid? White farmers fear to have their land confiscated without compensation. [Due to a high volume of ...

8 JPY to ZAR 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

9 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.

9 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.

13 days conditional neutral
Major currency up

Uniindia: Mumbai, Mar 9 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

9 days indicative neutral
Sasol results boosted by oil price, rand and victory in tax dispute with Sars

The Money Show’s Bruce Whitfield interviews Bongani Nqwababa, joint-CEO at Sasol.

22 days indicative positive
Precious metal refiners face new LBMA environmental standard

The London Bullion Market Association (LBMA) has launched a new standard that addresses environmental as well as sustainability issues in gold and silver markets. To do that in a credible way, LBMA has been actively engaging with mining companies and producer nations.

about 1 month conditional positive

8 JPY to ZAR currency converter

8 JPY to ZAR exchange rates

100 ALL to JPY
Ulan Bator, Mongolia.
100 LAK to AED
Madīnat an Naşr, Arab Republic of Egypt.
100 QAR to PHP
Doha, State of Qatar.
100 QAR to PHP
Doha, State of Qatar.
100 OMR to INR
Constantine, People’s Democratic Republic of Algeria.
100 USD to ZAR
İstanbul, Republic of Turkey.
1 USD to CAD
Stoney Creek, Canada.
100 QAR to INR
Doha, State of Qatar.
100 OMR to INR
Constantine, People’s Democratic Republic of Algeria.
100 AMD to LTL
Yerevan, Republic of Armenia.
100 USD to INR
Constantine, People’s Democratic Republic of Algeria.
100 AMD to LTL
Yerevan, Republic of Armenia.
100 AMD to LTL
Yerevan, Republic of Armenia.
100 AMD to LTL
Yerevan, Republic of Armenia.
100 UAH to THB
Dnipro, Ukraine.
100 GBP to CAD
Constantine, People’s Democratic Republic of Algeria.
500 RSD to TRY
İzmir, Republic of Turkey.
100 KWD to INR
Kuwait City, State of Kuwait.
100 KWD to INR
Kuwait City, State of Kuwait.
100 KWD to INR
Kuwait City, State of Kuwait.