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. 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. History
● Yen will strengthen more than the dollar in 20
years.
● History has been related to the strong Japanese
yen season.
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. 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. 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. 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.