Convert 580 Japanese Yen (JPY) to Brazilian Real (BRL)
Exchange rates used for currency conversion updated on May 01st 2024 ( 05/01/2024 )
Below you will find the latest exchange rates for exchanging Japanese Yen (JPY) to Brazilian Real (BRL) , a table containing most common conversions and a chart with the pair's evolution.
The Japanese Yen (JPY) to Brazilian Real (BRL) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Japanese Yen and Brazilian Real on 05/01/2024 is 1 JPY = 0.0329 BRL - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy and issuance directives of the Bank of Japan the JPY, when measured by value, is the world's third largest reserve currency and fourth most traded currency in open currency markets. It is the official currency of Japan and has shown contrarian resilience against world markets initially in the 1980's and more recently in the 2008 world credit crisis as the Bank of Japan retains there command economic policies while refusing to engage in economic stimulus.
About Brazilian Real (BRL)
The Brazilian real is symbolized with the R$ sign. Each real, plural reais, is divided into 100 centavos. The Central Bank of Brazil focuses on price stability with monetary policy and uses the USD as their reserve currency.
The BRL is available in banknotes valued at R$2, R$5, R$10, R$20, R$50, R$100 and coins valued at 5, 10, 25, 50 centavos, R$1. Both the R$1 banknote and 1 centavo coin were discontinued in 2006, though both remain in use as legal tender.
