More related to "Why is the Japanese Yen so high when traded to a dollar?"

Answer: The YEN isn't weak.​ What you need to bear in mind there are no "cents.​.​.​ Stories from your activity Why is the Japanese yen so weak in comparison to the dollar, even if Japan is a developed country? Steffen Scheibler, General Manager (2014-present) Written May 10, 2021 The YEN isn't weak. What you need to bear in mind there are no "cents". So look at it this way: 1 YEN = 1 US cent. Given the current exchange rate of 108 JPY to 1 US$ the va... Read More » Why is the value of Japan's currency so divergent from the value of other major currencies, such as the US Dollar, Euro, Pound Sterling, etc.? Jim Seidman, Retired Investment Adviser Updated Jul 13, 2014 The yen was introduced in 1871, with a coin very similar to the silver dollar and of similar value. At that time, there was currency for fractional yen: the sen was 1/100 y... Read More » INR ₹ is stronger than Japanese Yen ¥. So, why isn't India more advance than Japan in every field? Is it because of the population? Loknath Rao, Self Appointed Myth-Buster @ Kakistocracy of India. Written May 24, 2020 Hello Himanshu, I surmise you are total novice on matters concerning currency, economics, trade and Govt. In Japan, a Cappuccino has a median price of 600 ¥ Yens. In India, a... Read More » Why do Bank notes of the Japanese yen have such high denominations of 5,000 and 10,000? Marshall A. Gittler, former Former Bond Analyst in Japan Written Mar 24, 2017 No, that's not true. 5,000 yen is equivalent to about $50, and 10,000 is around $100. So these are large notes but by no means extraordinary. The US has $50 and $100 bills ... Read More » Why are some countries money like the Japanese yen numbers so large compared to the U.S. ($1 U.S. = 106¥)? Paul Sutton, Stock Trader, electrical engineer Written Aug 4, 2019 We call 100 cents one dollar. The Japanese don't have a word for "100 yen" as we do for pennies or cents. Japan has been around for a long, long time, and many, many years a... Read More » Why is the Japanese yen value less than the Indian rupee? Is a person earning 100,000 yen per month in Japan better off than a person earning 100,000 Rupees per month in India? Bhavik Bansal, MBBS from All India Institute of Medical Sciences, New Delhi (2024) Updated Oct 17, 2017 Many people have written great answers to this question. Hats Off to Rex Lam and Linchuan Zhang , your answers are great. I want you to read these two answers , they are great... Read More » Why is it OK for China or Japan when they devalue their currency, but horrible for Russia, now that they are going through it? Siddharth Pathak, Hindi Chini bhai bhai, 中印兄弟 Written Dec 2, 2015 Joseph Wang's answer, while being correct on the theoretical ill effects of a fall of a resource rich country's currency, doesn't explain why is the fall in ruble actually good ... Read More » Why are Japanese yen worth so little? Steve Wright, Teaching a second generation in Japan Written Feb 20, 2019 Because Japan has used the same unit of money through at least 3 periods of extreme inflation. Monthly salaries had been measured in tens of yen in early 20th century liter... Read More » Why is the value of Japanese Yen very low in spite of the fact that Japan is a very developed country? Ashris Choudhury (আশ্রীশ চৌধুরী), Visiting Student at MIT Media Lab (2017-present) Written Jun 23, 2014 Because they want it to. A devalued currency by no means is an indicator of a weaker economy. Many economies deliberately devalue their currencies to boost their trades. ... Read More » Why is the value of the Yen so low if Japan is a developed country? Marshall A. Gittler, former Former Bond Analyst in Japan Written Jan 7, 2017 This question has appeared hundreds of times on Quora in various guises, so I've just saved my answer and repeat it every time with a few variations. The answer may not fit... Read More » Search More on Quora This email was sent by Quora (605 Castro Street, Mountain View, CA 94041). If you don't want to receive this type of email in the future, please unsubscribe.https://www.quora.com/