Japanese Yen to U.S. Dollar Exchange Rate Forecast 2012

Indonesia stock info - Japanese Yen to U.S. Dollar Exchange Rate Forecast 2012 ; The Japanese Yen exchange rate for October, 2011 averaged 76.64 JPY to USD. That's 16.7 basis points lower than the September, 2011 rate of 76.81, and 509 basis points lower than the October, 2010 rate of 81.73. The minor movement in the JPY/USD exchange rate from September to October provides evidence that the short term trend in JPY/USD is relatively flat. If that trend continues in the currency market, we should see an average daily rate in November, 2011 that is close to 76.48.

The average Japanese Yen conversion rate over the last 12 months was 80.59. The average rate over the last 10 years was 106.59. A lower Japanese Yens to US Dollars exchange rate over the last 12 months compared to the average currency rates over the last 10 years serve as an indicator that the long term rate trend in JPY/USD is down (weakening US Dollar against the Japanese Yen).

The highest currency rate for JPY/USD over the last 12 months was 83.34. The lowest was 76.64. The market high was attained in December, 2010. The market low was achieved in October, 2011. Read More..

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