1 US Dollar = 98.05128 Japanese Yen (March 27, 2009)
In Japan the unit of currency is the Yen. As of 20Feb09 USD7 was worth JPY93.30
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
The current exchange rate is 484 Yen to 5 US Dollars. This will be slightly less for tourist exchange rates etc.
unfavourable exchange rate movement
The Exchange Rate is 6594.232$.
Floating Exchange Rate
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates.
what are the causes of fluctuations in the exchange rate
In 1969, the exchange rate was approximately 360 Japanese yen to one US dollar. This fixed rate was part of the Bretton Woods system, which pegged currencies to the US dollar. The rate remained stable until Japan moved to a floating exchange rate system in the early 1970s.
The Zimbabwean has the highest foreign exchange rate.
Japan Center for International Exchange was created in 1970.