Currency.Wiki

1 Japanese Yen to Bermudan Dollar

Updated 3 minutes ago
Convert 1 JPY:BMD
 JPY =
    BMD
 Japanese Yen =  Bermudan Dollars
Trending: ¥ exchange rates for the last 24 hours
  • JPY/USD 0.006418 -0.00036939
  • JPY/EUR 0.005989 -0.00027043
  • JPY/GBP 0.005119 -0.00022726
  • JPY/CHF 0.005849 -0.00000096
  • JPY/MXN 0.109872 -0.00656317
  • JPY/INR 0.535726 -0.02835339
  • JPY/BRL 0.032840 -0.00077001
  • JPY/CNY 0.046492 -0.00172445

JPY/BMD exchange rate analysis over the past 90 days

Japanese Yen to Bermudan Dollar exchange rate: Over the last 90 days, the Japanese Yen weakened by -5.76% against the Bermudan Dollar, declining from BD$0.0068 to BD$0.0064 per Japanese Yen. This trend reflects the evolving economic dynamics between the Japan and the Bermuda. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Japan and Bermuda.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Japan and Bermuda.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Japan or Bermuda.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Japan relative to the Bermuda.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

jpy/bmd Historical Chart

¥
Japanese Yen Currency

Country: Japan

Symbol: ¥

ISO Code: JPY

Bank: Bank of Japan

Interesting fact about Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan. Introduced in 1871, it has a long history tied to Japan's economic growth. The JPY is widely used in international trade and is considered a safe-haven currency. It plays a crucial role in Japan's exports, imports, and domestic market, contributing to its status as the third-largest economy globally.

BD$
Bermudan Dollar Currency

Country: Bermuda

Symbol: BD$

ISO Code: BMD

Bank: Bermuda Monetary Authority

Interesting fact about Bermudan Dollar

The Bermudan Dollar (BMD) is the currency of Bermuda, a British Overseas Territory. It has been the official currency since 1970, replacing the British Pound. The BMD is pegged to the US Dollar at a 1:1 ratio and has the same value. It is used for all transactions in Bermuda and holds significant importance in the island's economy and everyday life.

Quick Conversion Guide

Frequently Asked Questions

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The Japanese Yen to Bermudan Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 JPY to BMD is BD$0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Japanese Yen to Bermudan Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.