Can you provide a timeline of the yen to dollars exchange rate history in the context of digital assets?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! The exchange rate between the Japanese yen and the US dollar has fluctuated over time, especially in the context of digital assets. Starting from 2010, the exchange rate was around 90 yen to 1 dollar. However, in 2011, due to the earthquake and tsunami in Japan, the yen strengthened against the dollar, reaching a rate of around 76 yen to 1 dollar. From 2012 to 2015, the exchange rate remained relatively stable, ranging from 100 to 120 yen to 1 dollar. In recent years, with the rise of digital assets, the exchange rate has become more volatile, influenced by factors such as market demand, economic policies, and global events. It's important to note that the exchange rate can vary between different digital asset platforms and exchanges.
  750375
• Dec 16, 2021 · 3 years ago
  Yo! So, the yen to dollars exchange rate history in the context of digital assets is quite interesting. Back in 2010, you could get around 90 yen for 1 dollar. But in 2011, things got crazy due to the earthquake and tsunami in Japan. The yen became stronger and you could only get about 76 yen for 1 dollar. From 2012 to 2015, the rate was pretty stable, ranging from 100 to 120 yen for 1 dollar. But recently, with the whole digital assets boom, the exchange rate has been all over the place. It's like a roller coaster ride, man! It's influenced by all sorts of things like market demand, economic policies, and global events. Just keep in mind that different digital asset platforms and exchanges might have slightly different rates, ya know?
  745249
• Dec 16, 2021 · 3 years ago
  Certainly! The yen to dollars exchange rate history in the context of digital assets has seen its fair share of ups and downs. From 2010 to 2011, the rate ranged from around 90 yen to 76 yen for 1 dollar due to the impact of the earthquake and tsunami in Japan. Following that, from 2012 to 2015, the exchange rate remained relatively stable, hovering between 100 and 120 yen for 1 dollar. However, in recent years, with the emergence of digital assets, the exchange rate has become more volatile. Factors such as market demand, economic policies, and global events now play a significant role in determining the rate. It's worth noting that different digital asset platforms and exchanges may offer slightly different rates, so it's always a good idea to compare before making any transactions.
  795199