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yearn.finance to Japanese Yen Converter and calculator

Convert 1yearn.finance (YFI) to Japanese Yen (JPY) equals ¥ 1,385,499.69 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of yearn.finance(YFI) to Japanese Yen(JPY). This is the real-time data. The current conversion shows 1 YFI at a value of 1 YFI for 1,385,499.69 JPY . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

JPY information

About the Japanese Yen (JPY)

What Is the Japanese Yen (JPY)?

The Japanese Yen, abbreviated as JPY, is the national currency of Japan. The symbol for the Japanese Yen is "¥", which is used to denote the currency in international financial transactions. The yen's introduction in 1871 was a significant part of Japan's modernization policy under the Meiji government, aligning with the European Decimal Monetary System. The Japanese Yen is the sole legal tender in Japan, and it is used for all transactions within the country.

The Japanese Yen is issued by the Bank of Japan (BOJ), which is the central bank of Japan. Established in 1882, the Bank of Japan is responsible for issuing and managing the country's currency and monetary policy. It plays a crucial role in the Japanese financial system, including controlling the money supply, setting interest rates, and ensuring the stability of the Japanese financial system.

What Is the History of JPY?

The yen replaced a diverse range of currencies issued by feudal fiefs, known as Hansatsu, following the New Currency Act of 1871. This change was part of Japan's transition from a collection of feudal fiefs to a unified, modern state. The Bank of Japan, established in 1882, eventually took over the issuance of currency, marking a significant step in centralizing and stabilizing Japan's monetary system.

Notes and Coins of JPY

The Japanese Yen includes coins like the lightweight 1 Yen, the lucky 5 Yen with a hole, the 10 Yen featuring Byodo-in Temple, the 50 Yen, the commonly used 100 Yen with cherry blossoms, and the highest value 500 Yen coin. Banknotes comprise the 1,000 Yen with Hideyo Noguchi, the less common 2,000 Yen depicting a scene from "The Tale of Genji," the 5,000 Yen featuring writer Ichiyo Higuchi, and the highest 10,000 Yen note with Yukichi Fukuzawa. These currencies reflect Japan's culture, history, and natural beauty.

Current Status and Global Standing

As of 2024, the Japanese yen was recognized as one of the top-performing currencies, with projections indicating its potential to surpass the US dollar in terms of strength. JPY also holds the distinction of being the third most traded currency in the forex market, following the US dollar and the euro. It also serves as a commonly used reserve currency alongside the USD, euro, and pound sterling. Factors contributing to this include liquidity from Japan's central bank, government spending, and global demand for Japanese exports. The yen's appreciation is often attributed to the strengthening of the US dollar and the growth of the Japanese economy.

Bank of Japan's Monetary Policy

The Bank of Japan maintains a near-zero interest rate policy, historically aligning with Japan's strict anti-inflation stance. Post the 2008 Global Financial Crisis, Japan faced a period of deflation. In response, in 2013, the Bank of Japan announced an expansion of its Asset Acquisition Policy by $1.4 trillion over two years, aiming to shift from deflation to a target inflation rate of 2%. This policy intended to double the money supply, reflecting a significant shift in Japan's monetary approach.

What Is Digital Yen?

The Digital Yen, or DCJPY, is a Japanese yen-backed digital currency set to launch in July 2024. Developed by DeCurret Holdings, the DCJPY ecosystem will feature two distinct blockchain networks: the "Business Zone'' for issuing user assets, including digital assets and non-fungible tokens (NFTs), and the "Financial Zone" for banks to mint deposits as digital assets. This initiative aligns with the vision of Hiromi Yamaoka, chairperson of the Digital Currency Forum, who believes that digital currencies will play a central role in the future economic development and welfare by enhancing the functions of information and data processing. The DCJPY is designed to coexist with a central bank digital currency (CBDC), marking a significant step in Japan's embrace of digital financial technology.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular yearn.finance currency pair is the YFI to JPY, with for yearn.finance's currency code being YFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JPY.

YFI to JPY conversion rate trend

1D7D1M3M1YAll
In the past 1D, yearn.finance has changed +4.14% to JPY. Based on the trend and price charts, yearn.finance(YFI) has changed +4.14% to JPY while Japanese Yen(JPY) has changed % to YFI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
¥1,339,409.3
0.0200% / 0.0320%vip-iconVIP 7
Binance
¥1,339,722.43
0.1000% / 0.1000%
Yes
OKX
¥1,339,878.99
0.080% / 0.100%
Yes
Huobi
¥1,340,232.83
0.1000% / 0.1000%
Yes
Gate.io
¥1,345,859.75
0.1000% / 0.1000%
Yes
Bybit
¥1,339,904.04
0.1000% / 0.1000%
Yes
KuCoin
¥1,338,411.98
0.1000% / 0.1000%
Yes
Bitfinex
¥1,328,997.76
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 00:00:23(UTC+0)

How to buy yearn.finance

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Use a variety of payment options to buy yearn.finance on Bitget. We'll show you how.

Buy YFI (or USDT) for JPY (Japanese Yen) offers

Bitget P2P trading does not currently support direct buying of YFI with JPY. However, you can buy USDT in Bitget P2P trading first, and then buy YFI with USDT via Bitget spot market.
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Sell YFI (or USDT) for JPY (Japanese Yen) offers

Bitget P2P trading currently does not support direct selling of YFI to JPY. However, you can first exchange YFI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of yearn.finance to Japanese Yen?

yearn.finance to Japanese Yen is falling this week.
yearn.finance's current market price is ¥ 1,385,499.69 per YFI, with a total market cap of ¥ 46,595,417,526.97 JPY based on a circulating supply of 33,630.77 YFI. The trading volume of yearn.finance has changed by -25.44% (¥ -1,691,831,720.98 JPY) in the last 24 hours. Last trading day, YFI's trading volume was ¥ 6,650,700,205.13.
Market cap
$297.61M
24h volume
$31.67M
Circulating supply
33.63K YFI

Conversion tables

The exchange rate of yearn.finance is increasing.
1 YFI is currently valued at ¥ 1,385,499.69 JPY , which means buying 5 YFI will cost ¥ 6,927,498.47 JPY . Similarly, ¥1 JPY can be traded for 0.{6}7218 YFI, and ¥50 JPY can be converted to 0.{4}3609 YFI, excluding any platform or gas fees.
The exchange rate of 1 YFI to Japanese Yen has changed by -20.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.14%, reaching a high of 1,390,843.4 JPY and a low of 1,304,967.77 JPY . One month ago, the value of 1 YFI was ¥ 1,045,710.05 JPY , which represents a +32.49% change from its current value. Over the last year, yearn.finance has changed by
+¥
238.44JPY
, resulting in a change of +4.75% in its value.

YFI to JPY

Amount
04:47 am today
0.5 YFI
¥692,749.85
1 YFI
¥1,385,499.69
5 YFI
¥6,927,498.47
10 YFI
¥13,854,996.94
50 YFI
¥69,274,984.72
100 YFI
¥138,549,969.44
500 YFI
¥692,749,847.2
1000 YFI
¥1,385,499,694.4

JPY to YFI

Amount04:47 am today
0.5JPY0.{6}3609  YFI
1JPY0.{6}7218  YFI
5JPY0.{5}3609  YFI
10JPY0.{5}7218  YFI
50JPY0.{4}3609  YFI
100JPY0.{4}7218  YFI
500JPY0.0003609  YFI
1000JPY0.0007218  YFI

Today vs. 24 hours ago

Amount04:47 am today24 hours ago24h change
0.5 YFI$4,424.69$4,248.74
+4.14%
1 YFI$8,849.39$8,497.47
+4.14%
5 YFI$44,246.93$42,487.36
+4.14%
10 YFI$88,493.86$84,974.73
+4.14%
50 YFI$442,469.3$424,873.65
+4.14%
100 YFI$884,938.6$849,747.3
+4.14%
500 YFI$4,424,693$4,248,736.5
+4.14%
1000 YFI$8,849,386$8,497,473
+4.14%

Today vs. 1 month ago

Amount04:47 am today1 month ago1M change
0.5 YFI$4,424.69$3,339.55
+32.49%
1 YFI$8,849.39$6,679.1
+32.49%
5 YFI$44,246.93$33,395.5
+32.49%
10 YFI$88,493.86$66,791.01
+32.49%
50 YFI$442,469.3$333,955.03
+32.49%
100 YFI$884,938.6$667,910.06
+32.49%
500 YFI$4,424,693$3,339,550.3
+32.49%
1000 YFI$8,849,386$6,679,100.6
+32.49%

Today vs. 1 year ago

Amount04:47 am today1 year ago1Y change
0.5 YFI$4,424.69$4,223.93
+4.75%
1 YFI$8,849.39$8,447.86
+4.75%
5 YFI$44,246.93$42,239.31
+4.75%
10 YFI$88,493.86$84,478.63
+4.75%
50 YFI$442,469.3$422,393.15
+4.75%
100 YFI$884,938.6$844,786.3
+4.75%
500 YFI$4,424,693$4,223,931.5
+4.75%
1000 YFI$8,849,386$8,447,863
+4.75%

yearn.finance price prediction

What will the price of YFI be in 2025?

Based on YFI's historical price performance prediction model, the price of YFI is projected to reach $14,223.84 in 2025.

What will the price of YFI be in 2030?

In 2030, the YFI price is expected to change by -7.00%. By the end of 2030, the YFI price is projected to reach $24,164.82, with a cumulative ROI of +177.73%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between yearn.finance and JPY.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as yearn.finance and JPY. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of yearn.finance in JPY, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.