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Japanese Yen (JPY) Trading with Singapore Dollars

Modeled after the European decimal currency system, the yen is Japan's official form of currency and is considered as the third most traded currency throughout the foreign exchange market. While the yen itself was worth a lot more before World War II it has long since depreciated in value from where it was in 1985, when the average sat at ¥239 per US dollar.

The Yen usually is traded versus other currencies such as USD/JPY and EUR/JPY. Thanks to Singapore Dollars brokers, you can trade it yourself! It will only take you a few minutes to begin.

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