1 Indian Rupee = 2.75 Japanese Yen
Isn't Japan a top 5 country in terms of wealth? So how can this be?
2007-02-06 10:48:17 · 7 answers · asked by Jermaine D 1 in Travel ➔ Asia Pacific ➔ Japan
The price of Filet-O-Fish of Mcdonalds is
Japan: 530 yen
India: 49 rupee = 49 * 2.75 = 135 yen
530 / 135 = 4
When a Japanese travels to India, he can eat 4 Filet-O-Fishes with money with which he can eat one Filet-O-Fish in Japan.
That means Japanese can buy lots of things in India with Japanese money.
2007-02-07 00:05:52 · answer #1 · answered by Black Dog 4 · 1⤊ 0⤋
Rupee To Japanese Yen
2016-12-12 06:59:55 · answer #2 · answered by rosette 4 · 0⤊ 0⤋
If every country currency started at the same time with a 1 to 1 exchange rate to others, you could say that since that time, a country with a more expensive currency has had a stronger economy, more or less.
However, this is not the case. Exchange rates are fixed at various times in history and they can change at any moment if the government decides to do it.
For instance, for those two currencies, here are the exchange rates to the US dollar over some years:
"Currency Code 2000 1990 1980 1970 1960 1950
Indian Rupee INR 44.942 17.505 7.8629 7.5 4.7619 4.7619
Japanese Yen JPY 107.76 144.79 226.74 360 360 361.1 "
Source:
http://en.wikipedia.org/wiki/List_of_historical_exchange_rates
This gives following value of the Indian rupie in yen over the years:
2000 1990 1980 1970 1960 1950
2.40 8.27 28.84 48.00 75.60 75.83
So if one Indian rupee is 2.40 yen in 2000, it was 75.83 yen in 1950. Since that time, it has always lost in value in comparison to the yen.
2013-09-19 21:04:28 · answer #3 · answered by Alexx Daviss 1 · 0⤊ 0⤋
The standard comparison to yen is 100 yen = ?? rupees.
Also Japan has more per capita income and more yen than India.
A person in Japan could earn more than 500,000 yen per month. So do the math.
Yes you can buy stuff for less than 100 yen.
2007-02-08 22:44:47 · answer #4 · answered by Fernandes 3 · 0⤊ 0⤋
Yes, Japan has far more $$ power than India...
Great for Japanese when they wanna travel to India, yay, shopping !!! Japan rocks!! The yen is certainly losing it's power slowly though... The Ozzie dollar is going to beat it very soon I think!
India's economic power is increasing by the year though.... Soon it'll be Hindi as the desired 2nd language spoken...!!!!
Then again, many Indians can already speak English too, so, err.... Yeah, anyway... :)
B
XX
2007-02-07 09:27:58 · answer #5 · answered by B 2 · 1⤊ 2⤋
those are just exchange numbers. japan has lots more yen than india has rupees.
2007-02-06 10:52:42 · answer #6 · answered by Pi 1 · 1⤊ 0⤋
i don't know, but india rules! woo hoo!
2007-02-06 10:55:40 · answer #7 · answered by Ashley 4 · 1⤊ 1⤋