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Currency.Wiki
Updated 28 seconds ago
 JPY =
    TRY
 Japanese Yen =  Turkish Lira
Trending: ¥ exchange rates for the last 24 hours

JPY/TRY exchange rate analysis over the past 90 days

Japanese Yen to Turkish Lira exchange rate: Over the last 90 days, the Japanese Yen weakened by -0.98% against the Turkish Lira, declining from TL0.2289 to TL0.2267 per Japanese Yen. This trend reflects the evolving economic dynamics between the Japan and the Turkey. Factors contributing to this weakening may include:

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

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.

TL

Turkish Lira Currency

Country: Turkey

Symbol: TL

ISO Code: TRY

Bank: Central Bank of the Republic of Turkey

Interesting fact about Turkish Lira

The Turkish Lira (TRY) is the official currency of Turkey. It was first introduced in 1923 during the establishment of the modern Turkish Republic. Over the years, the Lira has faced periods of high inflation and numerous currency reforms. Today, it is a significant symbol of Turkey's economy and has a crucial role in trade, commerce, and daily transactions within the country.

Quick Conversion Guide

Frequently Asked Questions

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The Japanese Yen to Turkish Lira 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 TRY is TL0.23.
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Yes, our site provides historical charts that show the trends and fluctuations in the Japanese Yen to Turkish Lira 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.