Historic Seychellois Rupee Japanese Yen

Seychellois Rupee japanese yen history for March 2024. The highest quote for this month is 11.746 (01/03/2024) and the lowest 12.038 (05/03/2024). The difference between high and low is -2.49.

SCR JPY average rate for March 2024 is 11.3156, the change between 01/03/2024 and 31/03/2024 is +11.89 %.

01 March 20241 SCR = 11.99 JPY
03 March 20241 SCR = 10.70 JPY
04 March 20241 SCR = 11.21 JPY
05 March 20241 SCR = 12.04 JPY
06 March 20241 SCR = 11.80 JPY
07 March 20241 SCR = 11.78 JPY
08 March 20241 SCR = 11.66 JPY
10 March 20241 SCR = 10.52 JPY
11 March 20241 SCR = 10.88 JPY
12 March 20241 SCR = 10.57 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.