Historic Arab Emirates Dirham Japanese Yen

Arab Emirates Dirham japanese yen history for February 2024. The highest quote for this month is 41.071 (28/02/2024) and the lowest 40.961 (24/02/2024). The difference between high and low is 0.27.

AED JPY average rate for February 2024 is 40.72115, the change between 01/02/2024 and 29/02/2024 is -2.49 %.

01 February 20241 AED = 40.03 JPY
02 February 20241 AED = 39.88 JPY
04 February 20241 AED = 40.35 JPY
05 February 20241 AED = 40.44 JPY
06 February 20241 AED = 40.48 JPY
07 February 20241 AED = 40.26 JPY
08 February 20241 AED = 40.33 JPY
09 February 20241 AED = 40.65 JPY
11 February 20241 AED = 40.63 JPY
12 February 20241 AED = 40.62 JPY
13 February 20241 AED = 40.69 JPY
14 February 20241 AED = 41.05 JPY
15 February 20241 AED = 41.00 JPY
16 February 20241 AED = 40.84 JPY
17 February 20241 AED = 40.89 JPY
18 February 20241 AED = 40.89 JPY
19 February 20241 AED = 40.87 JPY
20 February 20241 AED = 40.92 JPY
21 February 20241 AED = 40.83 JPY
22 February 20241 AED = 40.95 JPY
23 February 20241 AED = 40.97 JPY
24 February 20241 AED = 40.96 JPY
25 February 20241 AED = 40.96 JPY
26 February 20241 AED = 40.98 JPY
27 February 20241 AED = 41.00 JPY
28 February 20241 AED = 40.98 JPY
29 February 20241 AED = 41.03 JPY

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
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