Historic Samoan Tala Japanese Yen

Samoan Tala japanese yen history for March 2024. The highest quote for this month is 55.993 (03/03/2024) and the lowest 55.998 (01/03/2024). The difference between high and low is -0.01.

WST JPY average rate for March 2024 is 54.8781, the change between 01/03/2024 and 31/03/2024 is +3.44 %.

01 March 20241 WST = 56.01 JPY
03 March 20241 WST = 55.98 JPY
04 March 20241 WST = 54.75 JPY
05 March 20241 WST = 54.82 JPY
06 March 20241 WST = 54.65 JPY
07 March 20241 WST = 54.58 JPY
08 March 20241 WST = 55.18 JPY
10 March 20241 WST = 54.85 JPY
11 March 20241 WST = 53.89 JPY
12 March 20241 WST = 54.08 JPY

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.