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Japanese yen


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Japanese yen

  1. 1. Why is the Japanese Yen so strong? s1180023 Kentaro Sekine
  2. 2. Outline ● Introduction ● Japanese Yen ● History ● Japanese yen exchange rate ● Summary ● References
  3. 3. Introduction ● Recently, Japanese yen is so strong compared with the dollar. ● Yen reached high price from the dollar for 15 years. ● Let's analyze the reason why yen is stronger than the dollar.
  4. 4. Japanese Yen ● Yen is an unit in terms of money used in Japan. ● This was provided by the ordinance that had been enacted in 1871.
  5. 5. History ● Yen will strengthen more than the dollar in 20 years. ● History has been related to the strong Japanese yen season.
  6. 6. Japanese yen exchange rate ● Japanese yen had to be born, and to decide the conversion rate with another country. ● First, one dollar was provided one yen.
  7. 7. Japanese yen exchange rate ● The market price of Japanese yen fell fast. ● It fell by Great Kanto Earthquake in 1923, and the trade embargo of gold was generated. ● The value of Japanese yen fell on one dollar up to five yen in 1932 due to these events.
  8. 8. Japanese yen exchange rate ● However, the heavy fall in stock prices was generated in the United States, the bubble collapsed in Japan, and one dollar became 79 yen. ● After the heavy fall in stock prices was generated in the United States, Japanese yen becomes depreciation of the yen, and is steady until recently.
  9. 9. Summary ● Japanese yen has continued to change greatly due to the event of the history up to now. ● Japanese yen might be stronger than the dollar because it is a unit that changes with the event like this.
  10. 10. References ● ● ● ●