Japanese Yen united states dollar history for August 2023. The highest quote for this month is 0.007018 (07/08/2023) and the lowest 0.007066 (07/08/2023). The difference between high and low is -0.68.
JPY USD average rate for August 2023 is 0.00693, the change between 01/08/2023 and 31/08/2023 is +2.88 %.
01 August 2023 | 1 JPY = 0.0070 USD |
04 August 2023 | 1 JPY = 0.0070 USD |
07 August 2023 | 1 JPY = 0.0070 USD |
08 August 2023 | 1 JPY = 0.0070 USD |
10 August 2023 | 1 JPY = 0.0070 USD |
12 August 2023 | 1 JPY = 0.0069 USD |
14 August 2023 | 1 JPY = 0.0069 USD |
15 August 2023 | 1 JPY = 0.0069 USD |
17 August 2023 | 1 JPY = 0.0068 USD |
20 August 2023 | 1 JPY = 0.0069 USD |
21 August 2023 | 1 JPY = 0.0069 USD |
28 August 2023 | 1 JPY = 0.0068 USD |
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.
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.
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.
01/03/1973: 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.
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.