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 142.238 0.007
Euro 120.059 0.008
Australian Dollar 73.656 0.014
Canadian Dollar 82.698 0.012
US Dollar 108.993 0.009

Japanese Yen news tweets

Japanese Yen added 1 tweet
2020-01-26 21:55:14 UTC
Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears https://t.co/kMW0GP9oFW https://t.co/cTckqBqu1r
Japanese Yen added 1 tweet
2020-01-26 21:44:18 UTC
Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears https://t.co/6zvuojy8No https://t.co/gKa9vpKhBc
Japanese Yen added 1 tweet
2020-01-26 21:41:19 UTC
2/ #Trading #Financials #FX #Stocks #Futures #Forex #Options #USDollarIndex #Euro #Japanese #Yen #British #Pound… https://t.co/iPceryaacU
Japanese Yen added 1 tweet
2020-01-26 21:39:57 UTC
Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears https://t.co/P5oI0CNPRC
Japanese Yen added 1 tweet
2020-01-26 21:37:47 UTC
Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears https://t.co/78okvT4PKg
Japanese Yen added 1 tweet
2020-01-26 21:36:21 UTC
RT @ddubrovskyFX: Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears $USDJPY #USD #coronarovirus -… https://t.co/xzml3Vhtjh
Japanese Yen added 1 tweet
2020-01-26 21:33:30 UTC
Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears https://t.co/ubrl5ZEmlY https://t.co/P0BJjrUVbp
Japanese Yen added 1 tweet
2020-01-26 21:25:28 UTC
Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears #money #currency #fx #markets #USDnews https://t.co/W3BSNNdgdt
Japanese Yen added 1 tweet
2020-01-26 21:19:26 UTC
Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears https://t.co/p4pe4mZmI8 International… https://t.co/IyabPHYGsX

Japanese Yen news videos

The reasons why the Swiss Franc and Japanese Yen are safe haven currencies may surprise you. There are a few common ...
Click this link to go to today's video review and learn more about today's Japanese phrases! \(◕ω◕)/♥ Please join JLPT N3 ...
#ChrisNena #Japanmoney #Japanlife Hello everyone welcome to our channel if u are new here Just hit the SUBSCRIBE Button ...
What currency do you use in your country? Do you know how to say it in Japanese? Can you say how much Japanese yen we ...
Money-changing machine: sugoi! Taken at Shinagawa Prince Hotel Lobby.
Watch at least 2 times day for amazing results. I have seen them for myself and could not wait to share it with you guys. Watch and ...
This video shows how to get Japanese Yen from Currrency exchange Box,Currrency exchange machine and ATM at Arrival ...
Tokyo Currency Exchange guide for visitors in this Tokyo travel guide by Hipfig. Money Exchange in Tokyo, Japan can be done ...
I had to figure out how to utilize some Japanese 1 Yen coins that Mattv2099 sent us after he quit making videos. The coins ...

Japanese Yen currency converter

Japanese Yen exchange rates

1 USD to BRL
Brandon, United States.
20 USD to BRL
Brandon, United States.
18000 ZAR to USD
Harare, Republic of Zimbabwe.
1 ZAR to USD
Harare, Republic of Zimbabwe.
3000 EUR to NOK
Vilnius, Republic of Lithuania.
2800 EUR to NOK
Vilnius, Republic of Lithuania.
1000 EUR to NOK
Vilnius, Republic of Lithuania.
1 EUR to NOK
Vilnius, Republic of Lithuania.
300 TRY to EUR
Amsterdam, Kingdom of the Netherlands.
43 INR to AZN
Ludhiāna, Republic of India.
500 FJD to EUR
Berlin, Federal Republic of Germany.
2500 USD to SGD
Honolulu, United States.
400 USD to PHP
Zürich, Switzerland.
100 CZK to EUR
Leipzig, Federal Republic of Germany.
100 CZK to EUR
Leipzig, Federal Republic of Germany.
1 CZK to USD
Katy, United States.
1 CZK to USD
Katy, United States.
1 USD to CZK
Katy, United States.
100 BAM to DKK
Aalborg, Kingdom of Denmark.