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June 25, 2024 at 10:37 am #3235Japanese Yen/US Dollar$50.2644
¥7 800 to USD
Currency Price Previous Changes US DollarUnited States$50.2644 50.2102 +0.11% Japanese YenJapan¥7 800 to USD
In Japan the currency used is called the YEN. Yen is the official currency used in Japan. In the trading world, after the USD and the euro, yen is the next in line for mostly traded currency pair in the market for foreign exchange.
In 1871, the currency new act introduced the system for Japans new currency system. It defined the yen as 1.5 g of gold, or 24.26 g of silver, and was divided decimally into 100 Sen or 1,000 Rin.
The Tokugawa coinage and Hansatsu paper that was issued by feudal Han was replaced by yen.
The Bank of Japan was founded in 1882; the bank of Japan was founded and was in charge of controlling the money supply in Japan. After the World War II, the yen lost so much of the value it had before the war.
Something happened after this same system was abandoned in 1971; the Japanese Yen’s value dropped drastically and began to float.
There was a constant appreciation and depreciation of the yen till it got appreciated to a climax of ¥271 per US$ in the year 1973.
This was as a result of an oil crisis that occurred in 1973 which after wards brought its value back to ¥227 per US$ by 1980.
Countries in all nook and cranny of the world have so much confidence in the strength and stability of the US Dollar that they use it as their currency exchange benchmark.
The stability and strength of the US economy in general, gives other countries confidence to use the US dollar as a standard for their own currencies.
7,800 JPY = 48.86392502 USD
1 JPY = 0.00626461 USD
1 USD = 159.627 JPY
There are factors that affect the changes these rates are experiencing. And for the Japanese Yen to dollars, some of the factors would be
- Economic growth
- Trade balance relative size
- Interest rate difference
- Large scale asset purchase
Seeing that the dollar rate is worth earning compared your local currency, you would be interested in earning in dollars right?
How to Earn in Dollars
Here are a few things I can recommend you could do to earn in dollars.
The first highly valuable choice on my list is the Dollaers economy. As the name implies, you will be exposed to several opportunities where you can earn in dollars doing things that are not difficult.
The Dollaers platform takes one through series of what is called ‘Journey’ where you can choose from available resources and learn how to utilize them to earn in dollars.
On the dollaers platform, you can;
- Earn from your Videos.
Create unique and engaging videos and earn from it through the Videos to USD Journey. If you have a flair for creating videos whether it is around what you have interest in or just creating videos for fun, you are most likely going to benefit from this feature as you can begin to create videos that ae informative and then earn from them.
- Write Articles and get paid
On the Dollar economy, there is also a feature for writers, where you write and earn through the Articles That pays Journey. This is even better as you can write in any niche whatsoever and then build a career while also creating a lifetime financial relieve for yourself.
- Create and Sell digital assets
Digital assets such as Blogs, YouTube channels, Email, Website, Articles, Videos, Audio, Photos, Google AdMob, Google AdSense, Digital Currencies and many more can be traded through the Next Generation Asset Journey provided by the Dollar Economy platform.
- Publishing Articles for traffic
On this Journey called Publication To traffic, you learn how to write and publish Quality contents on your Dollaer Account and earn from it passively. Once these contents are indexed on Google and traffic starts coming to the website through your article, you get paid monthly for your publication’s revenue.
Sign up now to be a part of this amazing opportunity on the Dollar economy. There are several other opportunities and journeys on the Dollar Economy that you can use to earn in Dollar.
Other ways to Earn in Dollar
Virtual Assistant
Offer virtual assistant services. As a virtual assistant, you can offer numerous services to your client and get paid handsomely.
Some of the services you can offer as a virtual assistant are:
26 Services you can offer as a Virtual Assistant
- Online Marketing
- Book keeping
- Graphics Design
- PR
- Social Media Management
- Social media Ads Campaign
- Reputation management
- Ghost Writing
- Community Management
- Customer Care via LIVE Chat
- Recruitment Management
- Influencer Marketing
- Affiliate management
- Data Entry
- Contest Management
- Search Engine Optimization
- Email management
- Travel Management
- Resume Writing
- Event Management
- Counselling
- Bug Fixes
- Coding
- Application testing
- WordPress site Management
- Article Writing
You can get Virtual Assistant Jobs from platforms like Remote.co, Personal Assistant and indeed. These platforms helps you find these virtual assisting jobs faster.
Online Surveys
Online Surveying is another way to actually make money in Dollars online. While there might be a lot of online Survey platforms online, not all are legit and some might not pay at the end of the day. Others on the other hand requires rigorous work and tasks before you get paid a peanut for your work. These are list of online survey platforms that pays in dollars.
- Swagbucks: Playing Games, conducting research and taking surveys are amongst the few things you can do on Swagbucks to earn in dollar. You earn points as you complete certain tasks and you can redeem your earnings via Gift cards or Money. Swagbucks only works in these countries: Canada, Ireland, Germany, France, United States of America, India, Australia, and the United Kingdom. You must be at least 13 years old of age to be qualify to work on Swagbucks
- Opinion Outpost: They also pay users to complete surveys online. Through PayPal, checks and gift cards, Opinion Outpost compensates it users for their completed surveys. You need to be at least 17 years old to be able to work on this platform.
- Pinecone Research: Their tasks involved taking online surveys, conducting research and testing products. You must be at least 18 years old to be able to work for Pinecone research. You can get paid via PayPal, Visa Prepaid cards or Checks and you are paid up to $3 per completed survey or task. Pinecone Research is only available in these countries: Germany, United States of America, United Kingdom and Canada
Space Renting
Renting out your unused or unoccupied space online, be it an apartment, a warehouse or an empty open space is another sure way to earn some dollars. There are several websites online that makes it easy for you to connect with potential clients looking for a space to rent. You can easily rent out your space on Stash Bee for storage and unused parking space or Airbnb for Apartment and accommodations rental.
List of Space renting websites online
- Spacest
- Spareroom
- Badi
- Housing Anywhere
- Extrapsace
- Appearhere
- Coliving
- Native Spaces
- Apartments
- Rents
- Airbnb
Affiliate Marketing
You can earn in Dollars online through Affiliate marketing. There are several affiliate marketing programs out there that pays you for your referrals even up to $1,000 and more per referral. To understand the basics of Affiliate Marketing, read on Affiliate Marketing 101 by Big Commerce.
Conclusion
Now that you know the exchange rate between the Japanese Yen and the Dollar (¥7 800 to USD), it might interest you to check out ways you can earn in Dollars online.
We have made a couple of list and hope they put you in a Journey to begin earning in Dollar online
Resources
- Yen and Yuan Signs – Wikipedia
- Yen Stock Photos and High-Res Pictures – Getty Images
- Affiliate marketing 101 – Big Commerce
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