US Japan digital currency
The three major currencies in the world are euro, US dollar and Asian dollar
Asia dollar is a monetary idea put forward by Robert Mundell, the Nobel Laureate in economics and known as the "father of euro". During the 2001 APEC meeting in Shanghai, he predicted: "in the next 10 years, there will be three major currency areas in the world, namely the euro area, the US dollar area and the Asian currency area." The Asian dollar is the first stage to realize the Asian common currency, which can be used as a reference index for countries to formulate exchange rate policies. At present, an agreement has been reached on a specific plan for the Asian dollar to be as common as the euro. If the Asian dollar is used as a real currency, the world will be divided into three polar currency circles: the US dollar, the euro and the Asian dollar 
introction of euro, one of the three major currencies in the world
euro is the most significant result of European monetary reform since the Roman Empire. The euro not only makes the European single market perfect and the free trade among euro zone countries more convenient, but also is an important part of the process of EU integration
The euro became the only legal currency in the euro area in July 2002. The euro is managed by the European central bank system, which consists of the European Central Bank and the central banks of the euro area countries In addition, the euro is also the currency of six non EU countries (regions), namely, Monaco, San Marino, Vatican, Andorra, Montenegro and Kosovothis brother has insight
compared with domestic.
As of July 12, 2020: 200000 yen is equal to 13095.6902 yuan
1 US dollar = 108.4500 yen
yen is the name of Japanese monetary unit, which was founded on May 1, 1871. In 1897, Japan established the gold standard system, and the gold content was set at 0.75 g. in May 1953, the gold content was announced as 0.00246853 g. on March 31, 1988, the gold standard system was completely abolished. Yen, as the sovereign currency of Japan, has a unique exchange rate analysis framework e to its huge financial market scale and special monetary and fiscal policies
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from the historical fluctuation of the yen exchange rate, with the continuous advancement of the internationalization of the yen, the impact of the US dollar index on the yen exchange rate is graally weakening. In contrast, the yen exchange rate is more affected by carry trade, Japan's import and export trade, international politics and other factors. Although carry trade has a strong impact on yen, import and export trade is still an indispensable part of yen exchange rate analysis. When the global economy goes up and the interest rate spread between the U.S. and Japan is high or widened, capital flows out of Japan to seek high returns and the yen depreciates; When the global economy goes down and the interest rate spread is low or narrowed, the capital flows back to Japan and the yen rises
Japanese yuan, the rate of appreciation, and the people of the former people, the Japanese people, and the Japanese people, and the assistance of the Japanese goods, and the exit and the exit P < < > > the amount of foreign exchange outside the outside of Japan is more than a half year ago, and the amount of foreign investment in Japan is outside of foreign trade, and the amount of foreign waste is lost in foreign countries. P >
Japanese yuan, the rate of appreciation, and the people of the former people, the Japanese people, and the latter half of the day, and the Japanese national interest is a low rate, and the effect of the Japanese yuan is a large amount, and it is very dangerous. P >
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. The first and the first, the first and the first empress of Europe. The sign " The national interoperability is an ISO 4217. A picture of the Japanese P > Japanese sentence "yen" is an abbreviation ("Japanese Kanji character"), "Wei", "Heng", 1 yen = 100 minutes. English name "yen". The national interim conformity group P > day The display method of the indication of the number of days is the same as the letter e P >
1. If GBP / USD = 1.63, it means that 1 pound can be exchanged for 1.63 US dollars. You can understand this equation as GBP divided by USD. If you want to calculate GBP / JPY, (x / y) * (Y / z) = x / Z, so there is:
(GBP / USD) * (USD / JPY) = GBP / JPY, if GBP / USD = 1.63, USD / JPY = 100, then GBP / USD = 163, this is cross multiplication
similarly, crossover and division is the inverse operation of this formula
There are two ways to calculate the cross exchange rate: cross division and multiplication on the same side (in different cases) 1, cross division (must be both direct quotation or indirect quotation)1) the same direct quotation currency
known: USD / JPY = 120.00-120.10, DEM / JPY = 66.33-66.43, find USD / DEM, then cross division. USD / DEM = 120.00/66.43--120.10/66.33 = 1.8064--1.8106
2) is the same indirect quotation currency
known: EUR / GBP = 0.6873--0.6883, EUR / USD = 1.1010--1.1020, find GBP / USD, then cross division: GBP / USD = 1.1010/0.6883--1.1020/0.6873 = 1.5995--1.60332
It is known that: EUR / USD = 1.1005-1.1015, USD / JPY = 120.10-120.20, find EUR / JPY. Then multiply by the same side: EUR / JPY = 1.1005 * 120.10 -- 1.1015 * 120.20 = 132.17 -- 132.40
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1. Exchange rate refers to the ratio or price comparison between one country's currency and another country's currency, or the price of another country's currency expressed in one country's currency. Exchange rate changes have a direct regulatory effect on a country's import and export trade. Under certain conditions, the devaluation of domestic currency, that is, the decline of exchange rate, will promote exports and restrict imports; On the contrary, the appreciation of domestic currency, that is, the rise of exchange rate, will restrict exports and increase imports
In the international market, almost all currencies have a exchange rate against US dollar. The exchange rate of one kind of non US dollar currency to another kind of non US dollar currency often needs to be calculated through the two kinds of exchange rate to us dollar, and the calculated exchange rate is called cross exchange rate. A significant feature of cross exchange rate is that an exchange rate involves the exchange rate between two non US dollar currencies. A currency pair that uses a cross exchange rate becomes a cross in foreign exchange transactions, such as the pound against the RMBthe trading volume on the foreign exchange software does not refer to the trading volume, but the price fluctuation range in this period. The greater the fluctuation range is, the greater the trading volume is displayed! In fact, in the foreign exchange market, there is no way to count the trading volume. Many large institutional banks are not willing to disclose their trading volume, because in this way, their trading will fall into a passive situation. Therefore, in the foreign exchange market, everyone only knows that the transaction volume is huge. The whole foreign exchange market has a flow of almost 3 trillion US dollars every day, but it's not easy to calculate!