Currency.Wiki

1 Japanese Yen to Dominican Peso

Updated 17 minutes ago
Convert 1 JPY:DOP
 JPY =
    DOP
 Japanese Yen =  Dominican Pesos
Trending: ¥ exchange rates for the last 24 hours
  • JPY/USD 0.006431 -0.00026828
  • JPY/EUR 0.005984 -0.00023171
  • JPY/GBP 0.005152 -0.00015676
  • JPY/CHF 0.005846 -0.00000562
  • JPY/MXN 0.108810 -0.00607625
  • JPY/INR 0.537019 -0.01892405
  • JPY/BRL 0.032609 -0.00084312
  • JPY/CNY 0.046485 -0.00118746

JPY/DOP exchange rate analysis over the past 90 days

Japanese Yen to Dominican Peso exchange rate: Over the last 90 days, the Japanese Yen weakened by -5.23% against the Dominican Peso, declining from RD$0.3928 to RD$0.3733 per Japanese Yen. This trend reflects the evolving economic dynamics between the Japan and the Dominican Republic. Factors contributing to this weakening may include:

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

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

jpy/dop 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.

RD$
Dominican Peso Currency

Country: Dominican Republic

Symbol: RD$

ISO Code: DOP

Bank: Central Bank of the Dominican Republic

Interesting fact about Dominican Peso

The Dominican Peso (DOP) is the official currency of the Dominican Republic. It has been in circulation since 1844 when the country gained independence. The DOP is important for trade, tourism, and daily financial transactions within the country. It is regulated by the Central Bank of the Dominican Republic and has a stable exchange rate against the US Dollar.

Quick Conversion Guide

Frequently Asked Questions

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The Japanese Yen to Dominican Peso 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 DOP is RD$0.37.
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Yes, our site provides historical charts that show the trends and fluctuations in the Japanese Yen to Dominican Peso 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.