Convert 31000 Japanese Yen (JPY) to Dominican Peso (DOP)
Exchange rates used for currency conversion updated on December 22nd 2024 ( 12/22/2024 )
Below you will find the latest exchange rates for exchanging Japanese Yen (JPY) to Dominican Peso (DOP) , a table containing most common conversions and a chart with the pair's evolution.
The Japanese Yen (JPY) to Dominican Peso (DOP) 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 Dominican Peso on 12/22/2024 is 1 JPY = 0.3877 DOP - 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 Dominican Peso (DOP)
The Dominican peso also called the peso oro is symbolized with the "$" sign and known in currency trading by the code DOP. It is controlled by the Central Bank of the Dominican Republic and it is the only enforceable legal tender within the Dominican Republic.
The DOP is subdivided into 100 units, each known as a centavo. The coins in circulation are valued at $1, $5, $10, and $25 with current banknotes in circulation valued at $20, $50, $100, $200, $500, $1000, and $2000.