Buy price
0.2134
JPY/THB Exchange Rate Today — Live Chart and Analysis
JPY/THB is an exchange rate that specifies how many THB (Thai Baht) can be converted into one JPY(Japanese Yen), therefore the base currency is JPY and the price currency is THB. If this rate declines, it means that THB appreciates relative to JPY and if this rate increases it means that the THB depreciates against the JPY. There are many macroeconomic factors/events (fundamentals) that affect JPY/THB exchange rate, which are usually common in both countries. There are many macroeconomic factors/events (fundamentals) that affect JPY/THB exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and trade surplus or deficit.
Sell price
0.21339
JPY/THB chart
Price Performance
Information regarding past performance is not a reliable indicator of future performance.
Analysis
As of 14/8/2017 Yen has gained circa 7% against dollar on a YTD basis and is considered by many as a safe haven currency against the US Dollar. Japan has been experiencing deflation and it is considered as a low interest country having below zero interest rate policy, therefore its currency is been widely used as a carry trade, which means investors borrow in a low-interest country and invest into a higher yielding. But in case of a rate hike it might have extreme volatility and ripple effects throughout the FX market. Overall, the country’s surplus should keep Yen as a safe haven currency at least for the near future.
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JPY/THB
JPYTHB
0.213395
Instrument Forex
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