Historic Croatian kuna Japanese Yen

30/06/2020: Introduction of new banknotes

New banknotes of the Croatian kuna were introduced to enhance security features and improve durability.

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.

30/06/2013: Croatia becomes EU member

Croatia officially became a member of the European Union, strengthening the integration of the kuna within the European financial system.

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.

30/06/2008: The Croatian National Bank takes over currency issuance

The Croatian National Bank started issuing all denominations of kuna banknotes, taking over this responsibility from the Croatian Monetary Institute.

30/06/2004: Croatia joins EU Exchange Rate Mechanism

Croatia joined the European Union Exchange Rate Mechanism, a precursor to adopting the Euro as the country's currency.

14/11/1999: Currency stabilization

The Croatian National Bank implemented measures to stabilize the value of the kuna, reducing inflation and ensuring economic stability.

30/06/1997: Kuna becomes convertible currency

The Croatian Kuna became a fully convertible currency, allowing for free exchange and trade.

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.

29/05/1994: Introduction of the Croatian Kuna

The Croatian kuna was introduced as the official currency of Croatia, replacing the Yugoslav Dinar.

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.