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base info Bonk

Bonk to Japanese Yen Converter and calculator

Convert 1Bonk (BONK) to Japanese Yen (JPY) equals ¥ 0.002142 | Bitget

JPY information

About the Japanese Yen (JPY)

What Is the Japanese Yen (JPY)?

The Japanese Yen, abbreviated as JPY, is the national currency of Japan. The symbol for the Japanese Yen is "¥", which is used to denote the currency in international financial transactions. The yen's introduction in 1871 was a significant part of Japan's modernization policy under the Meiji government, aligning with the European Decimal Monetary System. The Japanese Yen is the sole legal tender in Japan, and it is used for all transactions within the country.

The Japanese Yen is issued by the Bank of Japan (BOJ), which is the central bank of Japan. Established in 1882, the Bank of Japan is responsible for issuing and managing the country's currency and monetary policy. It plays a crucial role in the Japanese financial system, including controlling the money supply, setting interest rates, and ensuring the stability of the Japanese financial system.

What Is the History of JPY?

The yen replaced a diverse range of currencies issued by feudal fiefs, known as Hansatsu, following the New Currency Act of 1871. This change was part of Japan's transition from a collection of feudal fiefs to a unified, modern state. The Bank of Japan, established in 1882, eventually took over the issuance of currency, marking a significant step in centralizing and stabilizing Japan's monetary system.

Notes and Coins of JPY

The Japanese Yen includes coins like the lightweight 1 Yen, the lucky 5 Yen with a hole, the 10 Yen featuring Byodo-in Temple, the 50 Yen, the commonly used 100 Yen with cherry blossoms, and the highest value 500 Yen coin. Banknotes comprise the 1,000 Yen with Hideyo Noguchi, the less common 2,000 Yen depicting a scene from "The Tale of Genji," the 5,000 Yen featuring writer Ichiyo Higuchi, and the highest 10,000 Yen note with Yukichi Fukuzawa. These currencies reflect Japan's culture, history, and natural beauty.

Current Status and Global Standing

As of 2024, the Japanese yen was recognized as one of the top-performing currencies, with projections indicating its potential to surpass the US dollar in terms of strength. JPY also holds the distinction of being the third most traded currency in the forex market, following the US dollar and the euro. It also serves as a commonly used reserve currency alongside the USD, euro, and pound sterling. Factors contributing to this include liquidity from Japan's central bank, government spending, and global demand for Japanese exports. The yen's appreciation is often attributed to the strengthening of the US dollar and the growth of the Japanese economy.

Bank of Japan's Monetary Policy

The Bank of Japan maintains a near-zero interest rate policy, historically aligning with Japan's strict anti-inflation stance. Post the 2008 Global Financial Crisis, Japan faced a period of deflation. In response, in 2013, the Bank of Japan announced an expansion of its Asset Acquisition Policy by $1.4 trillion over two years, aiming to shift from deflation to a target inflation rate of 2%. This policy intended to double the money supply, reflecting a significant shift in Japan's monetary approach.

What Is Digital Yen?

The Digital Yen, or DCJPY, is a Japanese yen-backed digital currency set to launch in July 2024. Developed by DeCurret Holdings, the DCJPY ecosystem will feature two distinct blockchain networks: the "Business Zone'' for issuing user assets, including digital assets and non-fungible tokens (NFTs), and the "Financial Zone" for banks to mint deposits as digital assets. This initiative aligns with the vision of Hiromi Yamaoka, chairperson of the Digital Currency Forum, who believes that digital currencies will play a central role in the future economic development and welfare by enhancing the functions of information and data processing. The DCJPY is designed to coexist with a central bank digital currency (CBDC), marking a significant step in Japan's embrace of digital financial technology.

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Bitget crypto-to-fiat exchange data shows that the most popular Bonk currency pair is the BONK to JPY, with for Bonk's currency code being BONK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JPY.

BONK to JPY conversion rate trend

In the past 1D, Bonk has changed -17.13% to JPY. Based on the trend and price charts, Bonk(BONK) has changed -17.13% to JPY while Japanese Yen(JPY) has changed % to BONK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/16 10:00:36(UTC+0)

What factors influence the conversion rate of Bonk to Japanese Yen?

Bonk to Japanese Yen is falling this week.
Bonk's current market price is ¥ 0.002142 per BONK, with a total market cap of ¥ 139,649,980,345.47 JPY based on a circulating supply of 65,191,333,000,000 BONK. The trading volume of Bonk has changed by +10.80% (¥ 2,222,805,267.42 JPY) in the last 24 hours. Last trading day, BONK's trading volume was ¥ 20,580,386,899.09.
Market cap
24h volume
Circulating supply
65.19T BONK

Conversion tables

The exchange rate of Bonk is decreasing.
1 BONK is currently valued at ¥ 0.002142 JPY , which means buying 5 BONK will cost ¥ 0.01071 JPY . Similarly, ¥1 JPY can be traded for 466.82 BONK, and ¥50 JPY can be converted to 23,340.98 BONK, excluding any platform or gas fees.
The exchange rate of 1 BONK to Japanese Yen has changed by -40.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by -17.13%, reaching a high of 0.002604 JPY and a low of 0.002146 JPY . One month ago, the value of 1 BONK was ¥ 0.003954 JPY , which represents a -45.71% change from its current value. Over the last year, Bonk has changed by
, resulting in a change of +1373.06% in its value.


10:44 am today
0.5 BONK
100 BONK
500 BONK
1000 BONK


Amount10:44 am today
0.5JPY233.41  BONK
1JPY466.82  BONK
5JPY2,334.1  BONK
10JPY4,668.2  BONK
50JPY23,340.98  BONK
100JPY46,681.95  BONK
500JPY233,409.75  BONK
1000JPY466,819.51  BONK

Today vs. 24 hours ago

Amount10:44 am today24 hours ago24h change
0.5 BONK$0.{5}6939$0.{5}8379
1 BONK$0.{4}1388$0.{4}1676
5 BONK$0.{4}6939$0.{4}8379
10 BONK$0.0001388$0.0001676
50 BONK$0.0006939$0.0008379
100 BONK$0.001388$0.001676
500 BONK$0.006939$0.008379
1000 BONK$0.01388$0.01676

Today vs. 1 month ago

Amount10:44 am today1 month ago1M change
0.5 BONK$0.{5}6939$0.{4}1281
1 BONK$0.{4}1388$0.{4}2561
5 BONK$0.{4}6939$0.0001281
10 BONK$0.0001388$0.0002561
50 BONK$0.0006939$0.001281
100 BONK$0.001388$0.002561
500 BONK$0.006939$0.01281
1000 BONK$0.01388$0.02561

Today vs. 1 year ago

Amount10:44 am today1 year ago1Y change
0.5 BONK$0.{5}6939$0.{6}4437
1 BONK$0.{4}1388$0.{6}8874
5 BONK$0.{4}6939$0.{5}4437
10 BONK$0.0001388$0.{5}8874
50 BONK$0.0006939$0.{4}4437
100 BONK$0.001388$0.{4}8874
500 BONK$0.006939$0.0004437
1000 BONK$0.01388$0.0008874


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