Search results
Results from the WOW.Com Content Network
Let us suppose also that the exchange rate to Japanese yen at the start of the year is 120 yen per USD, and 132 yen per USD at the end of the year. The value in yen of one USD has increased by 10% over the period. The deposit is worth 1.2 million yen at the start of the year, and 10,200 x 132 = 1,346,400 yen at the end of the year.
In light of the dollar's reduction in value from ¥360 to ¥308 just before the reversion, an unannounced "currency confirmation" took place on October 9, 1971, wherein residents disclosed their dollar holdings in cash and bank accounts; dollars held that day amounting to US$60 million were entitled for conversion in 1972 at a higher rate of ¥360.
In 2012, Japan was the fifth most visited country in Asia and the Pacific, with over 8.3 million tourists. [144] In 2013, due to the weaker yen and easier visa requirements for southwest Asian countries, Japan received a record 11.25 million visitors, which was higher than the government's projected goal of 10 million visitors.
English: Graph showing U.S. dollar and Japanese yen exchange rate from January, 1950. 日本語: 1950年1 ...
In the following table, for each country/territory, CIA figures shows revenues and expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. [12] Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.
Japanese middle school textbooks often state that one ryō was approximately equivalent to 100,000 Yen at the start of the Edo period, and around 3000–4000 yen at the end of the Edo period. On the other hand, the Currency Museum of the Bank of Japan states that one ryō had a nominal value equivalent 300,000–400,000 yen, but was worth only ...
Within two days, on August 16–17, 1971, Japan's central bank had to buy $1.3 billion to support the dollar and keep the yen at the old rate of ¥360 to the dollar. Japan's foreign exchange reserves rapidly increased: $2.7 billion (30%) a week later and $4 billion the following week. Still, this large-scale intervention by Japan's central bank ...
The first notes to be printed were released between 1885 and 1887 in denominations of 1 to 100 yen. Throughout their history, the denominations have ranged from 0.05 yen (aka 5 sen) to 10,000 yen. Banknotes under 1 yen were abolished in 1953, and those under 500 yen were discontinued by 1984.