Currency.Wiki

1 Japanese Yen to Yemeni Rial

Updated 7 minutes ago
Convert 1 JPY:YER
 JPY =
    YER
 Japanese Yen =  Yemeni Rials
Trending: ¥ exchange rates for the last 24 hours
  • JPY/USD 0.006325 -0.00045489
  • JPY/EUR 0.005913 -0.00034456
  • JPY/GBP 0.005005 -0.00032767
  • JPY/CHF 0.005718 -0.00012243
  • JPY/MXN 0.108543 -0.00822814
  • JPY/INR 0.527546 -0.03624967
  • JPY/BRL 0.032362 -0.00121267
  • JPY/CNY 0.045831 -0.00229924

JPY/YER exchange rate analysis over the past 90 days

Japanese Yen to Yemeni Rial exchange rate: Over the last 90 days, the Japanese Yen weakened by -7.20% against the Yemeni Rial, declining from YR1.6978 to YR1.5837 per Japanese Yen. This trend reflects the evolving economic dynamics between the Japan and the Yemen. Factors contributing to this weakening may include:

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

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

jpy/yer 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.

YR
Yemeni Rial Currency

Country: Yemen

Symbol: YR

ISO Code: YER

Bank: Central Bank of Yemen

Interesting fact about Yemeni Rial

The Yemeni Rial (YER) is the official currency of Yemen. It was introduced in 1996, replacing the North Yemeni rial and the South Yemeni dinar. With a fixed exchange rate since 2018, it has devalued significantly due to the ongoing civil war and economic crisis. The YER's significance lies in its role as the primary medium of exchange in Yemen's struggling economy, affected by inflation and a shortage of basic necessities.

Quick Conversion Guide

Frequently Asked Questions

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The Japanese Yen to Yemeni Rial 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 YER is YR1.58.
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Yes, our site provides historical charts that show the trends and fluctuations in the Japanese Yen to Yemeni Rial 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.