inflation drove the Yen to these levels. It would be a pain to revalue the Yen. For example, to reset the Yen to 1000th or 100th of its current level you would need to reset all of the electronic banking accounts and print new currency. It would be as it was in Europe on introducing the Euro. However, there is no reason to go through such pains to adjust the Yen simply to make it more convenient for, well, you.
Many countries have experienced significant inflation and must deal with bills that have many zeros. Some examples of what US$1 equal:
1,500 Lebanese Pounds
3,600 Zambian Kwacha
9,100 Iran Rial
9,200 Ghanian Cedi
25,000 Ecuador Sucres
100,000 Zimbabwe Dollars
2006-07-23 05:30:09
·
answer #1
·
answered by Plasmapuppy 7
·
2⤊
1⤋
Worth compared to what? Us dollars? Canadian Dollars? the Euro? The British Pound. 100 Japanese yen is about 82 US cents.
2016-03-27 04:02:51
·
answer #2
·
answered by Anonymous
·
0⤊
0⤋
because if they use 86 yen that that means that 1 yen is 1 usd.....but thats not correct...haha....its about a penny a yen.....
2006-07-23 05:32:33
·
answer #3
·
answered by anh23059 2
·
0⤊
0⤋