JPY / GBP
Japanese Yen / Pound sterling
0.0047
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-0.27%(-0.000013) 1D
Sep 4, 10:34:19 PM UTC
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News stories
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Traders Union
·
9 hours ago
GBP/JPY support test: Support levels in focus
Action Forex
·
13 hours ago
GBP/JPY Daily Outlook
FXStreet
·
13 hours ago
EUR/USD and GBP/USD bounce, JPY crosses recover - Can it continue, Bitcoin eyes higher [Video]
Economies.com
·
16 hours ago
The GBPJPY settles above the support– Forecast today – 4-9-2026
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The yen is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar and the euro. It is also widely used as a third reserve currency after the USD and the euro.
The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as 1.5 g of gold, or 24.26 g of silver, and divided decimally into 100 sen or 1,000 rin. The yen replaced the previous Tokugawa coinage as well as the various hansatsu paper currencies issued by feudal han. The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply.
Following World War II, the yen lost much of its pre-war value as Japan faced a debt crisis and hyperinflation. Under the Bretton Woods system, the yen was pegged to the USD alongside other major currencies. After this system was abandoned in 1971 with the Nixon shock, the short-lived Smithsonian Agreement temporarily reinstated a fixed exchange rate. However, since the end of that system in February 1973, the yen has been a floating currency. Wikipedia