Historic Serbian Dinar Japanese Yen

Serbian Dinar japanese yen history for March 2024. The highest quote for this month is 1.3945 (05/03/2024) and the lowest 1.4005 (04/03/2024). The difference between high and low is -0.43.

RSD JPY average rate for March 2024 is 1.39064, the change between 01/03/2024 and 31/03/2024 is +0.7 %.

01 March 20241 RSD = 1.390 JPY
04 March 20241 RSD = 1.405 JPY
05 March 20241 RSD = 1.400 JPY
06 March 20241 RSD = 1.392 JPY
07 March 20241 RSD = 1.390 JPY
08 March 20241 RSD = 1.383 JPY
11 March 20241 RSD = 1.385 JPY
12 March 20241 RSD = 1.381 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.

06/10/2008: Serbia applies for EU membership

Serbia officially applied for membership in the European Union, which could potentially impact the future of the Serbian Dinar as Serbia aligns with EU policies.

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.

03/06/2006: Montenegro adopts the Euro

Montenegro unilaterally adopted the Euro as its official currency, while Serbia continued to use the Serbian Dinar.

01/07/2003: Introduction of the Serbian Dinar

After the state union with Montenegro dissolved, Serbia reintroduced the Serbian Dinar as its national currency, replacing the New Dinar.

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.

01/04/1992: Introduction of the New Dinar

Due to the breakup of Yugoslavia, Serbia introduced the New Dinar as its currency, 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.

20/10/1944: Introduction of the Yugoslav Dinar

The Yugoslav Dinar was introduced, replacing the former currency in circulation, including the Serbian Dinar.

01/11/1918: Merger with the Yugoslav Dinar

After World War I, the Serbian Dinar merged with the Yugoslav Dinar to form a unified currency for the Kingdom of Serbs, Croats, and Slovenes.

24/04/1868: Introduction of Serbian Dinar

The Serbian Dinar was introduced as the official currency of Serbia to replace the Ottoman akçe.