Japan Yen Exchange Rate

The Japan Yen Exchange Rate, that is, the relative value of the Japanese Yen when compared with the national currencies of the other nations is very much undervalued. The Japan Yen Exchange Rate, makes it easier for people residing in other developed nations to import consumer goods from Japan.

From the end of the Second World War, the Japan Yen Exchange Rate has suffered and as a consequence of this the Japanese Yen is considered to be the most prominent currency that is not priced or rather evaluated correctly. The fact that Japan is one of the top ranking developed nations of the world, has not helped in putting a stop on the rising deflation in Japan. The Bank of Japan which has been continuously printing currency notes since the year 2001, to exercise control over the deflation has in turn resulted in the decine of the Japan Yen Exchange Rate due to the rampant availability of the Japanese currency in comparison with the other currencies in the world.

The most recent estimations received in August, 2007, reveal that the Japan Yen Exchange Rate, in other words, the relative value of the Japan Yen against per unit of a few major currencies of the world is close to the currency exchange rates given as follows :

The Japan Yen Exchange Rate has experienced gradual falls against the other currencies of the world, and this in fact enhanced the exports from Japan to the other nations across the world and that is the main reason why those belonging to the major developed nations are not complaining.

  • American Dollar
119.13
  • British Pound
242.596
  • Canadian Dollar
163.339
  • Euro
163.339
  • Swedish Krona
17.7417

However, the imports taken in by Japan have not been affected by the fact that the Japan Yen Exchange Rate is comparatively lower in comparison with the major financial powers, as the sheer availability of the Japanese Yen have not been able to put a stop to it.

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