Japanese yen (JPY, ?) to the United States dollar (US$) means that ? US$1 or that US$1 will be exchanged for each ? In this case it is said that the price of a dollar in relation to yen is ? Exchange rates are determined in the foreign exchange market, which is open to a wide range of different types of buyers and sellers, and where currency trading is continuous: 2. For example, an interbank exchange rate of 1.
Money Management | It is also regarded as the value of one country’s currency in relation to another currency.
