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.

Platinum Ounce

Platinum Ounce

Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name is derived from the Spanish term platino, meaning "little silver".Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust, with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.Platinum is one of the least reactive metals. It has remarkable resistance to corrosion, even at high temperatures, and is therefore considered a noble metal. Consequently, platinum is often found chemically uncombined as native platinum. Because it occurs naturally in the alluvial sands of various rivers, it was first used by pre-Columbian South American natives to produce artifacts. It was referenced in European writings as early as 16th century, but it was not until Antonio de Ulloa published a report on a new metal of Colombian origin in 1748 that it began to be investigated by scientists. Platinum is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and jewelry. Being a heavy metal, it leads to health problems upon exposure to its salts; but due to its corrosion resistance, metallic platinum has not been linked to adverse health effects. Compounds containing platinum, such as cisplatin, oxaliplatin and carboplatin, are applied in chemotherapy against certain types of cancer.As of 2018, the value of platinum is $833.00 per ounce.

98783 Japanese Yen to Platinum Ounce exchange rates chart

98783 JPY to XPT exchange rates graph
98783 JPY to XPT 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.

98783 JPY to XPT exchange rates FAQs

What is 98783 JPY to XPT?

The meaning of 98783 JPY to XPT is to exchange 98783 Japanese Yen to Platinum Ounce 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 98783 JPY to XPT on the chart below.

Who can exchange 98783 JPY to XPT?

Anyone with 98783 Japanese Yen can find a local bank or a bureau de change to convert into Japanese Yen. However, if neither JPY nor XPT 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 98783 JPY to XPT?

Due to the nature of the forex market, the exchange rates for 98783 JPY to XPT 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 98783 JPY to XPT?

Most likely you are traveling and want to get some Platinum Ounce cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 98783 Japanese Yen to Platinum Ounce. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 98783 JPY to XPT?

Usually you can find a local bank, post office or bureau de change to exchange 98783 JPY to XPT. 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 Platinum Ounce 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 98783 JPY to XPT?

Use the tool we provided here to find the best exchange rates for 98783 Japanese Yen to Platinum Ounce. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 98783 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!

98783 JPY to XPT exchange rates table

Exchange JPY to XPT
98783 Japanese Yen = 1.063 Platinum Ounce
197566 Japanese Yen = 2.126 Platinum Ounce
493915 Japanese Yen = 5.314 Platinum Ounce
987830 Japanese Yen = 10.628 Platinum Ounce
Exchange Japanese Yen to Platinum Ounce
98783 Japanese Yen to Platinum Ounce 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.

98783 JPY to XPT news tweets

98783 JPY to XPT 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
98783 JPY to XPT 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
98783 JPY to XPT 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
98783 JPY to XPT 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
98783 JPY to XPT 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
98783 JPY to XPT added 1 tweet
2019-03-15 15:52:57 UTC
1 Ounce Metals on Fire! Gold 1303.70+6.90 Silver 15.28+0.13 Platinum 828.00+6 Palladium 1534.00+2 Rhodium 3000.00… https://t.co/oNuofKqPX8
98783 JPY to XPT added 1 tweet
2019-03-15 15:52:58 UTC
1 Ounce Bullion are on Fire! Gold 1303.70+6.90 Silver 15.28+0.13 Platinum 828.00+6 Palladium 1534.00+2 Rhodium 30… https://t.co/oSyfwcwHG9
98783 JPY to XPT added 1 tweet
2019-03-15 15:54:08 UTC
Bullion Flying 1 Ounce: Gold 1303.70+6.90 Silver 15.28+0.13 Platinum 828.00+6 Palladium 1534.00+2 Rhodium 3000.00+… https://t.co/YBnEjyKAAF
98783 JPY to XPT added 1 tweet
2019-03-15 15:56:23 UTC
Real Time Bullion 1 ounce Gold 1303.70+6.90 Silver 15.28+0.13 Platinum 828.00+6 Palladium 1534.00+2 Rhodium 3000.0… https://t.co/edLivfy1Fn
98783 JPY to XPT added 1 tweet
2019-03-15 15:56:24 UTC
Real Time Bullion 1 ounce Gold 1303.70+6.90 Silver 15.28+0.13 Platinum 828.00+6 Palladium 1534.00+2 Rhodium 3000.0… https://t.co/CDPL063q2V

98783 JPY to XPT news media

98783 JPY to XPT 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
98783 JPY to XPT 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
98783 JPY to XPT 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
98783 JPY to XPT 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
98783 JPY to XPT 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

98783 JPY to XPT 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 ...
http://illuminatisilver.com http://facebook.com/illuminatisilver Platinum vs Gold Update 2016 Today is Monday 12th September ...
This series will show you the journey of making a platinum coin ring. This first video is an intro to making of the ring Go here to ...
1/2 oz Pamp Suisse bar purchased at 800.00 p/oz I have since bought an additional 1/2 oz when spot hit 759.00 p/oz.
Got 2 American Eagle 3 coin sets from my local coin shop. Let me know what you think about current precious metal prices.
When investing in Platinum, you will find that there are proof and bullion choices. Currently, There are not many Platinum coin ...

98783 JPY to XPT 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
Northam achieves record H1 operating profit, R5bn in revenue

Northam, in an operational update released on Thursday, announced that it expects to report a record operating profit of R1-billion for the six months ended December 31, 2018. Its operating profit ballooned by 204.3% from the R338.8-million operating profit achieved in the six months to December 31, 2017.

12 days indicative neutral
Upper ore breakthrough boosts Implats’ Zimbabwe resource base

The development of an effective method of mining upper ores, which have in the past been excluded from stoping plans, has increased the resource base of the Bimha and Mupani platinum group metals (PGMs) mines in Zimbabwe, Impala Platinum (Implats) CEO Nico Muller has disclosed. In response to Mining Weekly Online at last week’s media roundtable, Muller said Zimplats had previously only targeted ore inclines of under nine degrees, leaving steep ores unmined. But now it was including the upper ores angled at up to 14 degrees as part of its stoping areas.

12 days indicative negative

98783 JPY to XPT currency converter

98783 JPY to XPT exchange rates

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