Historic Japanese Yen Arab Emirates Dirham

Japanese Yen arab emirates dirham history for December 2023. The highest quote for this month is 0.025927 (28/12/2023) and the lowest 0.026173 (28/12/2023). The difference between high and low is -0.95.

JPY AED average rate for December 2023 is 0.02548, the change between 01/12/2023 and 31/12/2023 is -4.68 %.

01 December 20231 JPY = 0.0248 AED
03 December 20231 JPY = 0.0250 AED
04 December 20231 JPY = 0.0251 AED
05 December 20231 JPY = 0.0249 AED
06 December 20231 JPY = 0.0249 AED
07 December 20231 JPY = 0.0249 AED
08 December 20231 JPY = 0.0254 AED
10 December 20231 JPY = 0.0254 AED
11 December 20231 JPY = 0.0253 AED
12 December 20231 JPY = 0.0251 AED
13 December 20231 JPY = 0.0253 AED
14 December 20231 JPY = 0.0257 AED
15 December 20231 JPY = 0.0258 AED
17 December 20231 JPY = 0.0259 AED
18 December 20231 JPY = 0.0258 AED
19 December 20231 JPY = 0.0257 AED
20 December 20231 JPY = 0.0255 AED
21 December 20231 JPY = 0.0256 AED
22 December 20231 JPY = 0.0258 AED
25 December 20231 JPY = 0.0258 AED
26 December 20231 JPY = 0.0258 AED
27 December 20231 JPY = 0.0258 AED
28 December 20231 JPY = 0.0260 AED
29 December 20231 JPY = 0.0260 AED

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.
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