Historic Yemeni Rial Japanese Yen

Yemeni Rial japanese yen history for September 2023. The highest quote for this month is 0.59853 (28/09/2023) and the lowest 0.59768 (30/09/2023). The difference between high and low is 0.14.

YER JPY average rate for September 2023 is 0.59133, the change between 01/09/2023 and 30/09/2023 is -2.6 %.

01 September 20231 YER = 0.5822 JPY
04 September 20231 YER = 0.5846 JPY
05 September 20231 YER = 0.5865 JPY
06 September 20231 YER = 0.5902 JPY
07 September 20231 YER = 0.5912 JPY
08 September 20231 YER = 0.5893 JPY
11 September 20231 YER = 0.5886 JPY
12 September 20231 YER = 0.5868 JPY
13 September 20231 YER = 0.5888 JPY
14 September 20231 YER = 0.5896 JPY
15 September 20231 YER = 0.5903 JPY
18 September 20231 YER = 0.5920 JPY
19 September 20231 YER = 0.5909 JPY
20 September 20231 YER = 0.5914 JPY
21 September 20231 YER = 0.5936 JPY
22 September 20231 YER = 0.5911 JPY
23 September 20231 YER = 0.5935 JPY
25 September 20231 YER = 0.5942 JPY
26 September 20231 YER = 0.5956 JPY
27 September 20231 YER = 0.5967 JPY
28 September 20231 YER = 0.5984 JPY
29 September 20231 YER = 0.5977 JPY
30 September 20231 YER = 0.5974 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.