Why is the yen and the won so worthless

1 Chinese Yuan is equal to South Korean Won.

1 RMB = Japanese Yen.

The won is the least valuable!

This is determined by the exchange rate! In fact, it is compared with the renminbi. 1 RMB=? Korean won or Japanese yen.

The definition of an exchange rate is that a country's monetary authority does not regulate the exchange rate between its own currency and foreign currencies and the range of exchange rate fluctuations, nor does the monetary authority assume the obligation to maintain the exchange rate fluctuation boundary, but allows the exchange rate to fluctuate freely with the changes in the supply and demand of the foreign exchange market, and the exchange rate system is completely left to the spontaneous formation of the exchange rate by market supply and demand, and there are few or few countries that do not take any intervention. Each country** often has to intervene in the foreign exchange market to varying degrees, either explicitly or implicitly, according to its specific situation.

There are four main factors that affect the exchange rate: First, the balance of payments and foreign exchange reserves. The so-called balance of payments is the comparison of the total monetary income of a country with the total monetary expenditure paid to other countries.

If the total amount of money received is greater than the total amount of expenditure, there will be a surplus in the balance of payments, and vice versa, a deficit in the balance of payments. The balance of payments situation can have a direct impact on the movement of a country's exchange rate. A balance of payments surplus will increase the external exchange rate of the country's currency, and conversely, the exchange rate of the country's currency**; Second, interest rates.

As a basic reflection of a country's borrowing situation, interest rates play a decisive role in exchange rate fluctuations. The level of interest rates has a direct impact on international capital flows, with capital inflows in countries with high interest rates and capital outflows from countries with low interest rates, which will cause changes in the supply and demand of the foreign exchange market, thus affecting the fluctuations of foreign exchange rates. Generally speaking, an increase in a country's interest rate will lead to an increase in the value of the country's currency, conversely, a depreciation of the country's currency, and third, inflation.

In general, inflation leads to the exchange rate of the national currency**, and the easing of inflation will increase the exchange rate. Inflation affects the value and purchasing power of the local currency, which will lead to a weakening of the competitiveness of export commodities and an increase in imported goods, and will also have a psychological impact on the foreign exchange market and weaken the credit status of the local currency in the international market. All three of these effects can lead to a depreciation of the local currency; Fourth, the political situation.

Changes in the political situation in a country and internationally will have an impact on the foreign exchange market. Changes in the political situation generally include political conflicts, military conflicts, elections and regime changes, etc., and the impact of these political factors on the exchange rate is sometimes large, but the impact is generally short-lived.

Because they like large denominations, and the value of money is determined by the market, it is not worth much.

No, there are also some countries in Southeast Asia that are not very valuable.

Moreover, the price of goods in South Korea and Japan is high, and some things are still very expensive in yuan, especially the yen.

People are also not valuable.

Ahem. Currencies are worthless and sometimes the state can control them.

He started with the currency as the kind of standard, so it can't be raised or lowered casually.

It is easy to cause financial problems.

The monthly wage in Japan is 250,000 yen.

It's not worthless, they have a low exchange rate! The face value of a single sheet is huge!

If his money is worth it, he's the richest in their country.

I'm talking nonsense, huh.

It has to do with many factors, and there are many other currencies in the world that are not worth much.

171 followers.

The denomination of the yen is larger than that of the renminbi, but it does not mean that the renminbi is more expensive than the Japanese yen. The Chinese currency has rounded cents, but the minimum denomination of the Japanese currency is 1 yuan (円). They don't have fillet points, and they only have a unit of "円".

This statement is not true, because he has a large face value.

"Low exchange rate" is a relative concept that cannot be interpreted literally.

The basic unit of the won is the won. The unit of currency in South Korea is the Chinese character for "yuan" or "yuan", and the pinyin is represented by "won" ( ) and sometimes the old name "円" ( won). The International Organization for Standardization (ISO) ISO 4217 has designated its standard code as KRW.

There are two types of Korean won: banknotes and coins. There are four types of banknotes: 1,000 won, 5,000 won, 10,000 won, and 50,000 won, and they are easy to distinguish by the historical figures and colors printed on the banknotes.

There are a total of 6 Korean coins in 1 won, 5 won, 10 won, 50 won, 100 won, 500 won, and 6 denominations. There are four types of coins in circulation: 10 won, 50 won, 100 won, and 500 won (10 won is the smallest unit).

Due to the high exchange rate of the Korean won, the 1 won and 5 won coins were discontinued in February 2001. On June 23, 2009, the Bank of Korea, the central bank of Korea, issued banknotes with a denomination of 50,000 won (about 40 US dollars), the largest denomination issued in the country to date. Commonly used pronunciation "won", "huan":

It is the pronunciation and usage of Korean currency in ancient times.

The fiscal policy implemented by Japan is not effective and cannot meet the actual needs of economic development; Japan's economic development is declining, and the economic value created is decreasing; The aging population is becoming more and more serious, there is not enough labor, and the market economy cannot inject new vitality; Japan's economic structure is backward and unable to create greater economic benefits; The yen is issued in large quantities and is in oversupply. These are the reasons for the depreciation of the yen.

Extended information: 1. Other countries can use lower ** imported goods from Japan; The cost of traveling and studying in Japan will be reduced; Promoted the export of Japanese goods; Promote the consumption of Japanese people and increase the profitability of enterprises, thereby stimulating economic growth; We have improved the management structure of Japanese companies and increased the amount of foreign investment by Japanese companies. As a result, Japan's prices are ** and economic development is unbalanced; Japan's unemployment rate is high, and people's quality of life is not guaranteed; economic development fluctuates greatly, and social order is unstable; It is not conducive to the import of Japanese goods.

2. As the world's third largest economy, Japan is also a top-ranked developed country. Japan has a rational economic structure and a complete financial system, which makes Japan's economy very stable and occupies a very important position in the world economic system. As the official currency of Japan, the yen is the best embodiment of Japan's strong economic strength.

The yen is currently the third largest international currency in the world, after the US dollar and the euro. This means that in the international ** market, the trust of the yen is very high. The most direct embodiment is that the ** settlement of some goods can be directly settled in Japanese yen without the need to exchange again.

3. In the Asian region, the status of the yen is not inferior to the US dollar, and the import and export settlement of most countries can be settled in yen. Although our country is currently the second largest economy in the world, it is a well-deserved brother in Asia. However, our renminbi cannot be circulated in Asia for the time being.

and many countries, you need to exchange money, either for yen, or for dollars, otherwise people will not accept it at all. In addition, the Japanese yen is one of the three safe-haven currencies in the current international market, the other two being the Swiss franc and the US dollar. This is also a powerful manifestation of the wide circulation of the yen in the international market, and we are also beyond the reach of this point.

So, the yen is not worthless, but very valuable. After all, in the international market, people can buy things directly in yen, but the yuan in our hands cannot.

A depreciation of the yen refers to a decrease in the exchange rate of the yen against the dollar, that is, a decrease in the amount of yen that the yen is exchanged for per dollar. There are many reasons for the depreciation of the yen, the main ones are as follows:

One is the strengthening of the US dollar, and the US dollar exchange rate** makes the yen exchange rate**, which leads to the depreciation of the yen.

Second, the Japanese economy is in poor condition, with slow economic growth and low inflation, which reduces the attraction of foreign investors, resulting in the yen exchange rate**, which leads to the depreciation of the yen.

Third, the Bank of Japan adopts an active monetary policy, and the Bank of Japan adopts a low interest rate policy when the economy is in a downturn to promote economic growth, but low interest rates will lead to the depreciation of the yen, which will reduce the exchange rate of the yen against the dollar.

Fourth, Japan's economic policy is not conducive to the appreciation of the yen, and the economic policies adopted by Japan, such as the policy of releasing water, reducing export tax rates, and reducing corporate taxes, will lead to the depreciation of the yen, so that the exchange rate of the yen against the US dollar will fall.

Fifth, Japan's ** deficit has widened, and Japan's ** deficit has widened, resulting in a decrease in foreign investors, which will lead to the yen exchange rate**, which will lead to the depreciation of the yen.

Sixth, Japanese investors sell yen, and Japanese investors sell yen, which leads to the yen exchange rate, which leads to the depreciation of the yen.

In short, there are many reasons for the depreciation of the yen, including the strengthening of the US dollar, the poor state of the Japanese economy, the active monetary policy adopted by the Bank of Japan, the economic policies implemented by Japan** are not conducive to the appreciation of the yen, the widening of the deficit in Japan**, and the sell-off of the yen by Japanese investors.

3.The exchange rate can also be queried through the foreign exchange inquiry tool that comes with the mobile phone4Most of the mobile phone **** software also comes with major currency exchange rates**Note:

The exchange rate is constantly changing, please refer to the current exchange rate of the day you need when using it, and the exchange rate at the bank counter and online banking is based on the real-time ** at that time.

1 RMB = Japanese yen, 1 RMB = South Korean won.

In terms of exchange rate, the yen is higher than the South Korean won.

To the point, the yen put.