Date Wizard Logo

Want to calculate dates? Try Date Wizard!

Currency.Wiki
Updated 21 seconds ago
 JPY =
    MVR
 Japanese Yen =  Rufiyaas
Trending: ¥ exchange rates for the last 24 hours
  • JPY/USD 0.006395 -0.00026700
  • JPY/EUR 0.006214 0.00006183
  • JPY/GBP 0.005225 0.00010662
  • JPY/CHF 0.005837 0.00006713
  • JPY/MXN 0.130876 -0.00117292
  • JPY/INR 0.552798 -0.00712553
  • JPY/BRL 0.038433 0.00077161
  • JPY/CNY 0.046881 -0.00057775

JPY/MVR exchange rate analysis over the past 90 days

Japanese Yen to Rufiyaa exchange rate: Over the last 90 days, the Japanese Yen weakened by -3.87% against the Rufiyaa, declining from Rf0.1023 to Rf0.0985 per Japanese Yen. This trend reflects the evolving economic dynamics between the Japan and the Maldives. Factors contributing to this weakening may include:

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

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

¥

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.

Rf

Rufiyaa Currency

Country: Maldives

Symbol: Rf

ISO Code: MVR

Bank: Maldives Monetary Authority

Interesting fact about Rufiyaa

The Rufiyaa (MVR) is the official currency of the Maldives. It was introduced in 1981, replacing the Maldivian Rupee. The Rufiyaa holds significant importance in Maldives as it is used for all transactions within the country. It reflects the economic stability of the nation, plays a crucial role in trade and tourism, and contributes to the overall financial system in Maldives.

Quick Conversion Guide

Frequently Asked Questions

+
The Japanese Yen to Rufiyaa exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 JPY to MVR is Rf0.1.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Japanese Yen to Rufiyaa exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.