Japanese Yen overview

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.

Japanese Yen to USD exchange rates chart

JPY to USD exchange rates chart

Japanese Yen exchange rates table

Exchange Japanese Yen Buy JPY Rate Sell JPY Rate
British Pound 131.322 0.008
Euro 118.256 0.008
Australian Dollar 73.193 0.014
Canadian Dollar 81.194 0.012
US Dollar 106.920 0.009

Japanese Yen news tweets

Japanese Yen added 1 tweet
2019-09-21 08:13:46 UTC
tbh it's all comes down to the currency isn't it? For Japanese Yen or American Dollar it's rather reasonable actual… https://t.co/BuXGi0kovT
Japanese Yen added 1 tweet
2019-09-21 08:01:34 UTC
@prestonjbyrne @XrpYoda No.. Not yet.. But I've never used Japanese Yen either because I've neither had the need to… https://t.co/wzDHA3uMQL
Japanese Yen added 1 tweet
2019-09-21 07:58:39 UTC
Just checking the exchange rate of the Japanese Yen . . . As you do. #CafeLife #RugbyWorldCup https://t.co/cC3lIx802k
Japanese Yen added 1 tweet
2019-09-21 07:51:28 UTC
RT @TheBlock__: According to reports, Libra's basket of reserves will be made up of 50% U.S. dollar, 18% euro, 14% Japanese yen, 11… https://t.co/89XemVeyh4
Japanese Yen added 1 tweet
2019-09-21 07:48:07 UTC
@kannakkdrmr Yes, that's why I like book off, I bought my one also there and it cost 108 yen which is almost nothin… https://t.co/yTd82MJegp
Japanese Yen added 1 tweet
2019-09-21 07:42:51 UTC
@mad_jenny Omg I actually own the first volume in Japanese, but it's in Germany 😭 Good thing I'll get it at book of… https://t.co/NfENSj3jHO
Japanese Yen added 1 tweet
2019-09-21 07:16:07 UTC
RT @TheBlock__: According to reports, Libra's basket of reserves will be made up of 50% U.S. dollar, 18% euro, 14% Japanese yen, 11… https://t.co/89XemVeyh4
Japanese Yen added 1 tweet
2019-09-21 07:15:05 UTC
You probably wouldn’t have expected it, but JPY-denominated holdings of #Ripple were the most commonly stored asset… https://t.co/VxUOR9QRKj
Japanese Yen added 1 tweet
2019-09-21 07:14:35 UTC
RT @TheBlock__: According to reports, Libra's basket of reserves will be made up of 50% U.S. dollar, 18% euro, 14% Japanese yen, 11… https://t.co/89XemVeyh4

Japanese Yen news media

Japanese Yen added 1 medium
2019-09-16T12:03:42+02:00
Our first Japan orientation last Saturday, September 15 📚 Learn Nihongo and earn JAPANESE YEN 💴 without paying anything! All expenses will be paid by the employer.
Japanese Yen added 1 medium
2019-09-15T00:19:16+02:00
Sorry I didn't post yesterday ive been so busy all today and yesterday. But Im currently watching the recent fruits basket ep and omgomgomgomg 💗 - #yurionicecafe #busy #quickpost #yurkatsuki #viktornikiforov #yuriplisetsky #makkachin #japaneseyen #円
Japanese Yen added 1 medium
2019-09-13T13:01:04+02:00
3 reasons to visit Japan... ASAP! ☑️ Direct flights from Perth to Tokyo are in full swing. ☑️ The countdown is on for the Rugby World Cup ☑️ Sushi has and always will be, amazing. If you're considering exchanging Aussie Dollars in Japan, we highly recommend researching the rates as you're likely to change your mind when you see what's on offer. You can get huge value for money exchanging Aussie Dollars to Japanese Yen at some of the most competitive rates on offer at Exchange Now before you depart -- see our rates online 24/7 @ exchangenow.com.au #japan #hotspot #directflights #nipponairways #japaneseyen #currencyexchange #perthcurrencyexchange #exchangenow
Japanese Yen added 1 medium
2019-09-11T09:11:12+02:00
小銭ピアスネットBASE のショップにアップしました。 他の新作も命懸けでアップしてゆく予定です💀 宜しくお願いします。 #小銭 #アクリル #原寸大#onlineshop #coin #earring #lasercut #acrylic #japaneseyen #colorful
Japanese Yen added 1 medium
2019-09-06T06:16:51+02:00
Hi ho hi ho, it’s off Japan I go! 😁 Been more than 12 years since I’ve loved Japan from watching my favourite movie Azumi and Jdramas and Jpop...Hope I can meet some of my favourite Japanese Celebrities ✌️😁 #japan #tokyo #jdrama #jpop #azumi #japaneseyen #asia #kawaii
Japanese Yen added 1 medium
2019-09-23T01:22:14+02:00
Gbpjpy y usdjpy #fx #forex #turkey #usa #usd #xauusd #gold #investment #commodities #technicalanalsys #makemoney #money #finans #financial #financialfreedom #fx_technical_analyst #dollar #usdjpy #moneymoneymoney #financas #gbpjpy #makemoney #forexsignal #forexmarket #forextrader #japaneseeconomy #japaneseyen
Japanese Yen added 1 medium
2019-09-18T23:10:17+02:00
I didn’t like saying goodbye to @mamorunumata ... @kakeruooka @pe_isz @yasunn666 and the rest of our peeps. I am totally torn. I wasn’t completely ready to leave. I am physically in North America; back in the U.S. soil but my mind is in Niigata yet at the same time, my mind is planning things out for now... for now. My soul... is a little lost. I have had an amazing time though so much to share but I will tell you ONE THING Japan offered me: TE. QUI. LA!!! I looooove TEQUILA. I was stunned! So yea, one more thing why I love Japan. No. Wait. That and umeshu. So yea, TWO more things why I love Japan. #sayonara #niigata #japan #tequila #traveJapan #japaneseyen #umeshu #expats
Japanese Yen added 1 medium
2019-09-16T04:36:34+02:00
#Random #Japan.. 💴 Using leftover change to buy a #Beer... Then going for a 2nd round with snacks because of #RandomJapanese #HotelGuests. Then maxing out on a 4th round (3rd at the hotel) with a 5k #JapaneseYen note, for a big #FamilyMart round.. . #Japanese #Shibuya #BeerRun #日本 #JDM #文化 #NewFriends #GoProHero7 #ConvenienceStore
Japanese Yen added 1 medium
2019-09-05T16:29:20+02:00
小銭ピアスカミングスーン💨 #coin earrings #coming soon #japaneseyen#pierce earring

Japanese Yen news texts

Japanese Yen currency converter

Japanese Yen exchange rates

500 USD to ILS
Fort Lauderdale, United States.
1000 HKD to SEK
Jordon, Hong Kong Special Administrative Region.
200 USD to CRC
New York City, United States.
200 USD to CRC
New York City, United States.
20000 AMD to AUD
Patterson, United States.
1200 RSD to OMR
Sarajevo, Bosnia and Herzegovina.
528 RSD to OMR
Sarajevo, Bosnia and Herzegovina.
100 USD to MMK
Yangon, Union of Burma.
2000 EUR to MXN
Oss, Kingdom of the Netherlands.
400 SGD to CAD
Toronto, Canada.
500 CAD to CZK
Montréal, Canada.
20 USD to FJD
New York City, United States.
100000 VND to PHP
Bagong Bayan, Republic of the Philippines.
70000 JPY to GBP
Osaka, Japan.
100 USD to MMK
Yangon, Union of Burma.
415 TRY to EUR
Zagreb, Republic of Croatia.
20 USD to NOK
Louisburg, United States.
20 USD to NOK
Louisburg, United States.
5 OMR to EUR
Neunkirchen, Federal Republic of Germany.