Re:Zimbabwe offers new exchange rate: $1 for 35,000,000,000,...
by tormeh on Friday June 12, 2015 @06:37AM
(#9705017)
The Yen is volatile? Except for the last two years, there hasnt been any valuation change for a decade.
Re:Zimbabwe offers new exchange rate: $1 for 35,000,000,000,...
by donatj on Friday June 12, 2015 @09:16AM
(#9705625)
When I went in 2008 it was 100 yen to a dollar almost exactly, made the conversation rate dead easy. 100 yen is now worth 80¢. That change was entirely US based?
Re:Zimbabwe offers new exchange rate: $1 for 35,000,000,000,...
by tormeh on Friday June 12, 2015 @09:57AM
(#9705862)
From 1995 to 2012 Japanese inflation was essentially zero: http://www.inflation.eu/inflation-rates/japan/historic-infla...
"At the height of the country’s economic crisis, Zimbabweans had to carry plastic bags bulging with banknotes to buy basic goods. Prices were rising at least twice a day."
Japanese yen is often cited as being volatile. Its never been anywhere near as volatile as that ^ (at least not in the last 2 years)