100 Japanese Yen / Turkish Lira
JPY/TRY
Product information
What is 100 Japanese Yen / Turkish Lira (JPY/TRY)?
On Lzzo.com, the JPY/TRY rate is shown as Turkish lira per 100 Japanese yen. Because the yen has a low unit value, this presentation is common in the market; to find the value of a single yen, simply divide the figure shown by one hundred. The yen is managed by the Bank of Japan.
The yen is one of the safe-haven currencies sought in periods of uncertainty. The very low interest rate policy Japan maintained for many years made the yen a currency borrowed in interest rate differential trades, while the Bank of Japan's steps to normalize policy can markedly affect the yen's path. Japan's Ministry of Finance may intervene in the market during excessive currency moves.
In JPY/TRY, the yen's moves against the dollar combine with the Turkish lira's general trend. The rate shown on the site is derived from the two currencies' market exchange rates against the dollar; it is therefore not a bank buy/sell price and should not be expected to match the rate offered at a bank.
Sources: boj.or.jp
- Name
- 100 Japanese Yen / Turkish Lira
- Symbol
- JPY/TRY
- Market
- Currencies
What to look for in the technical analysis of 100 Japanese Yen / Turkish Lira
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.