Historic Yemeni Rial Japanese Yen

Yemeni Rial japanese yen history for October 2023. The highest quote for this month is 0.60672 (31/10/2023) and the lowest 0.60067 (26/10/2023). The difference between high and low is 1.

YER JPY average rate for October 2023 is 0.59833, the change between 01/10/2023 and 31/10/2023 is +0.19 %.

01 October 20231 YER = 0.5980 JPY
02 October 20231 YER = 0.5985 JPY
03 October 20231 YER = 0.5999 JPY
04 October 20231 YER = 0.5971 JPY
05 October 20231 YER = 0.5963 JPY
06 October 20231 YER = 0.5943 JPY
09 October 20231 YER = 0.5970 JPY
10 October 20231 YER = 0.5937 JPY
11 October 20231 YER = 0.5949 JPY
12 October 20231 YER = 0.5965 JPY
13 October 20231 YER = 0.5995 JPY
16 October 20231 YER = 0.5987 JPY
17 October 20231 YER = 0.5987 JPY
18 October 20231 YER = 0.5994 JPY
19 October 20231 YER = 0.5995 JPY
20 October 20231 YER = 0.5996 JPY
22 October 20231 YER = 0.5996 JPY
23 October 20231 YER = 0.6000 JPY
24 October 20231 YER = 0.5996 JPY
25 October 20231 YER = 0.5999 JPY
26 October 20231 YER = 0.6009 JPY
27 October 20231 YER = 0.6020 JPY
30 October 20231 YER = 0.5994 JPY
31 October 20231 YER = 0.5969 JPY

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

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.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.