Today Japanese Yen is considered to be an active trading tools for the global currency market.In addition, the currency of Japan is part of a group of major reserve currencies in addition to euros and US dollars.
Japanese Yen: history of the emergence and development of
from 1600 to 1868 years in Japan there was a very difficult monetary system called Edo.It included a variety of moneys - copper, gold and silver coins and banknotes.In addition, the currency of the central government differed from bank notes existing at that time 244 separate principalities.In addition, even fractional units.But due to technical progress and an active economic development of such a system has become impractical.
Meiji Restoration in 1871, and was marked by significant reforms.Around the same time came the yen.Translated it means "circle".At the time of its introduction 1 Japanese yen is equal to 1, 5 grams of gold.Interestingly, in subsequent years, the gold standard often vary depending on the economic situation in the country.
way, as an international currency is the yen was only approved May 11, 1953.That same day, the International Monetary Fund was approved by decree, which equated the currency to 2.5 mg of gold.At the beginning of its existence (from about 1949 to 1971), Japan's currency was pegged to the US dollar.At the time, $ 1 is worth 360 yen.
But in subsequent decades have seen several devaluations.Very soon, the yen has become much more valuable and stable unit.
It's no secret that Japan's economy suffered greatly in 2011 due to the earthquake and related disasters.But, despite all the forecasts of experts, the yen not only fallen in price, but, on the contrary, began to rapidly rise in price.Naturally, the national bank of the country has taken the necessary measures - there have been several significant injections into the financial system.However, the currency of Japan and today is quite expensive.
Japanese yen: the existing denominations
Today in free circulation in the territory of Japan, as the present paper notes and coins.There are banknotes worth one, two, five, and ten thousand yen.Furthermore, commonly used metal coin value to one, five, ten, fifty, one hundred and five hundred yen.
Japanese yen: the ruble exchange rate and other world currencies
Today hundred yen worth approximately 0.98 US dollars.It is important to know and rate of the Japanese currency unit to the other world currencies - a hundred yen to buy 0.76 euro.
As for the Russian ruble, the National Bank offers the following course -on hundred monetary units in Japan account for about 31 rubles.By the way, for 10 Ukrainian hryvnia can buy about 100 yen.
Today, Japan's financial systems are considered to be highly profitable investment among business people.After all, the historical evidence suggests that the yen throughout the existence of only grows in value.Therefore, some experts believe the Japanese currency deposits with the best option.
