Japanese Yen (JPY) Trading with Australian Dollar
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 is most often valued against other currencies such as USD/JPY and EUR/JPY. Thanks to Australian Dollar Forex platforms, you can trade it yourself! It takes only minutes to get started. Want to try Japanese Yen (JPY) Trading with Australian Dollar? Pepperstone is your best option. Sign up there, or choose one of the other Forex platforms.
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