Historic Japanese Yen Thai baht

Japanese Yen thai baht history for August 2023. The highest quote for this month is 0.24478 (07/08/2023) and the lowest 0.24453 (07/08/2023). The difference between high and low is 0.1.

JPY THB average rate for August 2023 is 0.2418, the change between 01/08/2023 and 31/08/2023 is +0.42 %.

01 August 20231 JPY = 0.2406 THB
02 August 20231 JPY = 0.2398 THB
03 August 20231 JPY = 0.2403 THB
04 August 20231 JPY = 0.2424 THB
07 August 20231 JPY = 0.2441 THB
08 August 20231 JPY = 0.2443 THB
09 August 20231 JPY = 0.2443 THB
10 August 20231 JPY = 0.2439 THB
11 August 20231 JPY = 0.2425 THB
12 August 20231 JPY = 0.2418 THB
14 August 20231 JPY = 0.2423 THB
15 August 20231 JPY = 0.2422 THB
16 August 20231 JPY = 0.2432 THB
17 August 20231 JPY = 0.2424 THB
18 August 20231 JPY = 0.2434 THB
20 August 20231 JPY = 0.2434 THB
21 August 20231 JPY = 0.2434 THB
22 August 20231 JPY = 0.2406 THB
23 August 20231 JPY = 0.2403 THB
24 August 20231 JPY = 0.2413 THB
25 August 20231 JPY = 0.2396 THB
28 August 20231 JPY = 0.2393 THB
29 August 20231 JPY = 0.2405 THB
30 August 20231 JPY = 0.2398 THB
31 August 20231 JPY = 0.2395 THB

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.