Currency.Wiki

1 Japanese Yen to Cayman Islands Dollar

Updated 20 minutes ago
Convert 1 JPY:KYD
 JPY =
    KYD
 Japanese Yen =  Cayman Islands Dollars
Trending: ¥ exchange rates for the last 24 hours
  • JPY/USD 0.006445 -0.00025476
  • JPY/EUR 0.006000 -0.00021608
  • JPY/GBP 0.005161 -0.00014704
  • JPY/CHF 0.005859 0.00000707
  • JPY/MXN 0.109038 -0.00584819
  • JPY/INR 0.538116 -0.01782742
  • JPY/BRL 0.032704 -0.00074876
  • JPY/CNY 0.046560 -0.00111224

JPY/KYD exchange rate analysis over the past 90 days

Japanese Yen to Cayman Islands Dollar exchange rate: Over the last 90 days, the Japanese Yen weakened by -3.81% against the Cayman Islands Dollar, declining from $0.0056 to $0.0054 per Japanese Yen. This trend reflects the evolving economic dynamics between the Japan and the Cayman Islands. Factors contributing to this weakening may include:

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

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

jpy/kyd 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.

$
Cayman Islands Dollar Currency

Country: Cayman Islands

Symbol: $

ISO Code: KYD

Bank: Cayman Islands Monetary Authority

Interesting fact about Cayman Islands Dollar

The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands. It has been in circulation since 1972, replacing the Jamaican Dollar. The KYD is pegged to the United States Dollar (USD) at a fixed exchange rate. It is widely accepted in the Cayman Islands for all transactions and holds significant importance in the local economy.

Quick Conversion Guide

Frequently Asked Questions

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The Japanese Yen to Cayman Islands 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 KYD is $0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Japanese Yen to Cayman Islands 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.