日元兑美元汇率数据
1986年--2013年日元兑美元汇率走势
USD\JPY1990-01-03146.85146.55145.05145.32 1.23 USD\JPY1990-01-04145.9145.32142.8143.33 1.99 USD\JPY1990-01-05144.6143.33143144.5 1.17 USD\JPY1990-01-08144.75144.5143.85144.10.4 USD\JPY1990-01-09145.45144.1144.05145.12 1.02 USD\JPY1990-01-10145.9145.12144.45145.650.53 USD\JPY1990-01-11145.55145.55144.95145.450.1 USD\JPY1990-01-12145.95145.45144.75145.750.3 USD\JPY1990-01-15145.86145.75145.05145.730.02 USD\JPY1990-01-16146.05145.73145.1145.370.36 USD\JPY1990-01-17145.66145.37145.15145.380.01 USD\JPY1990-01-18146.4145.38145.3146.30.92 USD\JPY1990-01-19146.68146.3145.03145.950.35 USD\JPY1990-01-22146.6146146146.530.53 USD\JPY1990-01-23146.69146.53145.76145.850.68 USD\JPY1990-01-24146.2145.85144.65145.650.2 USD\JPY1990-01-25145.56145.56143.75143.85 1.71 USD\JPY1990-01-26144.2143.85142.75142.82 1.03 USD\JPY1990-01-29143.45142.82142.5142.920.1 USD\JPY1990-01-30145.9142.92142.7144.8 1.88 USD\JPY1990-01-31145.35144.8143.85144.430.37 USD\JPY1990-02-01145.14144.43144.2144.920.49 USD\JPY1990-02-02145.6144.92144.7145.550.63 USD\JPY1990-02-05145.68145.55144.55144.750.8 USD\JPY1990-02-06145.5144.75144.3145.220.47 USD\JPY1990-02-07145.72145.22144.85145.550.33 USD\JPY1990-02-08145.62145.55144.8145.250.3 USD\JPY1990-02-09145.38145.25144.4144.70.55 USD\JPY1990-02-12144.85144.7144144.280.42 USD\JPY1990-02-13144.68144.28144.15144.250.03 USD\JPY1990-02-14144.6144.25144.05144.50.25 USD\JPY1990-02-15144.9144.5144.25144.830.33 USD\JPY1990-02-16145.1144.83143.8143.950.88 USD\JPY1990-02-19144.75143.95143.8144.60.65 USD\JPY1990-02-20145.55144.6144.35145.150.55 USD\JPY1990-02-21145.68145.15144.55145.530.38 USD\JPY1990-02-22146.68145.53145.07146.330.8 USD\JPY1990-02-23147.4146.33145.78147.050.72 USD\JPY1990-02-26149.05147.05147.05148.55 1.5 USD\JPY1990-02-27149.6148.55148.05148.690.14 USD\JPY1990-02-28149.2148.69148.15149.050.36 USD\JPY1990-03-01149.95149.05148.9149.850.8 USD\JPY1990-03-02150.5149.85149.35150.30.45 USD\JPY1990-03-05150.5150.3148.48149 1.3 USD\JPY1990-03-06150.02149148.41501 USD\JPY1990-03-07151.4150149.72150.280.28 USD\JPY1990-03-08151.35150.28149.75151.10.82 USD\JPY1990-03-09151.45151.1150.88151.250.15 USD\JPY1990-03-12152.78151.25151.2152.77 1.52 USD\JPY1990-03-13153.05152.77151.85152.050.72 USD\JPY1990-03-14152.65152.05151.55152.10.05 USD\JPY1990-03-15153.3152.1151.981520.1 USD\JPY1990-03-16152.8152151.75152.570.57-0.8393 1.23 -1.3694 2.13 0.8163 1.12 -0.27680.62 0.70780.97 0.36521 -0.13730.41 0.20630.83 -0.01370.56 -0.2470.65 0.00690.35 0.63280.76 -0.2392 1.13 0.39740.41 -0.46410.63 -0.1371 1.06 -1.2358 1.24 -0.716 1.010.06990.671.31552.24 -0.2555 1.04 0.33920.65 0.43480.62 -0.54960.78 0.32470.83 0.22720.6 -0.20610.56 -0.37870.67 -0.29030.59 -0.02080.37 0.17330.38 0.22840.45 -0.60760.9 0.45150.66 0.38040.83 0.26180.78 0.5497 1.110.492 1.111.0201 1.36 0.0942 1.04 0.24210.71 0.53670.7 0.30030.77 -0.8649 1.34 0.6711 1.09 0.1867 1.12 0.5456 1.060.09930.381.005 1.04 -0.47130.79 0.03290.72 -0.06570.87 0.3750.69USD\JPY1990-03-19153.77152.57152.25152.970.4 USD\JPY1990-03-20154.49152.97152.1154.27 1.3 USD\JPY1990-03-21154.65154.27153.55154.60.33 USD\JPY1990-03-22155.45154.6154.15154.950.35 USD\JPY1990-03-23155.25154.95152.7154.250.7 USD\JPY1990-03-26156.77154.7154.7156.72 USD\JPY1990-03-27157.9156.7156.31157.8 1.1 USD\JPY1990-03-28159.3157.8157.1158.60.8 USD\JPY1990-03-29158.86158.6156.1156.31 2.29 USD\JPY1990-03-30158.6156.31155.7158.5 2.19 USD\JPY1990-04-02160.35158.5158.25159.160.66 USD\JPY1990-04-03159.85159.16158.24159.830.67 USD\JPY1990-04-04159.9159.83157.781590.83 USD\JPY1990-04-05159.18159157.13157.35 1.65 USD\JPY1990-04-06157.8157.35156.5157.620.27 USD\JPY1990-04-09159.6157.62155.45158.170.55 USD\JPY1990-04-10158.75158.17157.38157.70.47 USD\JPY1990-04-11158.61157.7157.371580.3 USD\JPY1990-04-12158.55158157.85158.050.05 USD\JPY1990-04-13158.7158.05158158.670.62 USD\JPY1990-04-16159.65158.8158.8159.320.52 USD\JPY1990-04-17160.16159.32159.13159.830.51 USD\JPY1990-04-18160.2159.83157.98158.1 1.73 USD\JPY1990-04-19158.63158.1156.1156.87 1.23 USD\JPY1990-04-20158.25156.87156.35157.450.58 USD\JPY1990-04-23157.93157.45156.85157.930.48 USD\JPY1990-04-24158.97157.93157.51158.95 1.02 USD\JPY1990-04-25159.28158.95158.45158.830.12 USD\JPY1990-04-26159.33158.83158.15159.20.37 USD\JPY1990-04-27159.48159.2158.5159.20 USD\JPY1990-04-30159.48159.2158.7158.850.35 USD\JPY1990-05-01159.15158.85158.25158.750.1 USD\JPY1990-05-02158.85158.75157.74158.080.67 USD\JPY1990-05-03158.22158.08157.4158.150.07 USD\JPY1990-05-04158.95158.15157.98158.150 USD\JPY1990-05-07158.4158.15157.45158.150 USD\JPY1990-05-08158.28158.15157.28157.580.57 USD\JPY1990-05-09159.6157.58156.25156.37 1.21 USD\JPY1990-05-10157.21156.37156.28156.560.19 USD\JPY1990-05-11156.69156.56152.55152.7 3.86 USD\JPY1990-05-14153.85152.7152.2152.350.35 USD\JPY1990-05-15152.48152.35150.18150.25 2.1 USD\JPY1990-05-16152.65150.25150151.7 1.45 USD\JPY1990-05-17152.55151.7151.5152.110.41 USD\JPY1990-05-18153.15152.11151.881530.89 USD\JPY1990-05-21153.75153152.85153.640.64 USD\JPY1990-05-22153.75153.64151.1151.17 2.47 USD\JPY1990-05-23151.95151.17150.5151.410.24 USD\JPY1990-05-24151.95151.41150.78150.830.58 USD\JPY1990-05-25151.23150.83149.13149.3 1.53 USD\JPY1990-05-28149.78149.3148.85148.950.35 USD\JPY1990-05-29151.41148.95148.75151.37 2.42 USD\JPY1990-05-30151.63151.37150.27151.380.01 USD\JPY1990-05-31152.65151.38151.18152.160.78 USD\JPY1990-06-01152.6152.16150.7151.950.21 USD\JPY1990-06-04153151.95151.8152.40.450.26221 0.8498 1.56 0.21390.71 0.22640.84 -0.4518 1.65 1.5883 1.34 0.702 1.01 0.507 1.39 -1.4439 1.74 1.4011 1.86 0.4164 1.32 0.421 1.01 -0.5193 1.33 -1.0377 1.29 0.17160.83 0.3489 2.63 -0.29710.87 0.19020.79 0.03160.44 0.39220.44 0.40970.54 0.32010.65 -1.0824 1.39 -0.778 1.6 0.3697 1.21 0.30490.69 0.64590.92 -0.07550.52 0.2330.7400.62 -0.21980.49 -0.0630.57 -0.4220.7 0.04430.5200.6100.6 -0.36040.63 -0.7679 2.13 0.12150.59 -2.4655 2.64 -0.2292 1.08 -1.3784 1.51 0.9651 1.76 0.27030.69 0.58510.83 0.41820.59 -1.6077 1.72 0.15880.96 -0.38310.77 -1.0144 1.39 -0.23440.62 1.6247 1.79 0.00660.9 0.51530.97 -0.138 1.25 0.29620.79USD\JPY1990-06-05152.91152.4152.08152.430.03 USD\JPY1990-06-06152.8152.43152.2152.630.2 USD\JPY1990-06-07152.75152.63152.25152.50.13 USD\JPY1990-06-08153.5152.5152.48153.450.95 USD\JPY1990-06-11154.77153.45153.27154.7 1.25 USD\JPY1990-06-12154.8154.7153.65154.530.17 USD\JPY1990-06-13155.13154.53154.2154.710.18 USD\JPY1990-06-14154.46154.46153.25154.10.36 USD\JPY1990-06-15154.8154.1153.58153.90.2 USD\JPY1990-06-18154.24153.9153.45153.60.3 USD\JPY1990-06-19154.08153.6153.35153.480.12 USD\JPY1990-06-20154.3153.48153153.90.42 USD\JPY1990-06-21154.9154.05154.05154.750.7 USD\JPY1990-06-22155.1154.75154.55154.80.05 USD\JPY1990-06-25155.77154.8154.76155.340.54 USD\JPY1990-06-26155.45155.34154.5154.620.72 USD\JPY1990-06-27155.4154.62153.78154.430.19 USD\JPY1990-06-28154.69154.43152.65153.1 1.33 USD\JPY1990-06-29154.58153.1151.55152.20.9 USD\JPY1990-07-02152.23152.2150.75150.78 1.42 USD\JPY1990-07-03152.15150.78150.73150.90.12 USD\JPY1990-07-04150.9150.9149.38149.78 1.12 USD\JPY1990-07-05151.1150150150.50.5 USD\JPY1990-07-06151.7150.5150.5151.6 1.1 USD\JPY1990-07-09151.9151.6150.25151.10.5 USD\JPY1990-07-10151.13151.1148.15148.22 2.88 USD\JPY1990-07-11148.8148.22147.4148.450.23 USD\JPY1990-07-12149.4148.45146.65147.3 1.15 USD\JPY1990-07-13148.17147.3146.75148.150.85 USD\JPY1990-07-16148.5148.15147.5148.10.05 USD\JPY1990-07-17148.5148.1147.7147.820.28 USD\JPY1990-07-18148.48147.82146.85147.730.09 USD\JPY1990-07-19148.25147.73147.22148.080.35 USD\JPY1990-07-20149.27148.08147.7148.550.47 USD\JPY1990-07-23148.97148.55148148.070.48 USD\JPY1990-07-24148.85148.07147.9148.730.66 USD\JPY1990-07-25150.1148.73148.7149.85 1.12 USD\JPY1990-07-26150.9149.85148.77150.330.48 USD\JPY1990-07-27151.02150.33148.85148.95 1.38 USD\JPY1990-07-30149.25148.95147.75147.85 1.1 USD\JPY1990-07-31148.17147.85145.69145.7 2.15 USD\JPY1990-08-01147.6145.7145.5147.2 1.5 USD\JPY1990-08-02151.58147.2146.4149.22 USD\JPY1990-08-03150.45149.2148.55149.30.1 USD\JPY1990-08-06150.5149.3149.05150.31 USD\JPY1990-08-07151.1150.3149.17150.820.52 USD\JPY1990-08-08151.2150.82149.55149.75 1.07 USD\JPY1990-08-09151.12149.75149.25149.70.05 USD\JPY1990-08-10150.5149.7149.4150.40.7 USD\JPY1990-08-13150.68150.4149.65150.350.05 USD\JPY1990-08-14150.35150.35148.63148.75 1.6 USD\JPY1990-08-15148.5148.5146.6147.550.95 USD\JPY1990-08-16148.44147.55147.05147.20.35 USD\JPY1990-08-17148.2147.2147.03147.60.4 USD\JPY1990-08-20147.92147.6146.15146.45 1.15 USD\JPY1990-08-21147.75146.45145.95146.60.150.01970.54 0.13120.39 -0.08520.33 0.6230.67 0.81460.98 -0.10990.74 0.11650.6 -0.39430.78 -0.12980.79 -0.19490.51 -0.07810.48 0.27370.85 0.55230.55 0.03230.36 0.34880.65 -0.46350.61 -0.1229 1.05 -0.8612 1.32 -0.5879 1.98 -0.9330.97 0.07960.94 -0.7422 1.01 0.48070.73 0.73090.8 -0.3298 1.09 -1.906 1.97 0.15520.94 -0.7747 1.85 0.57710.96 -0.03370.67 -0.18910.54 -0.0609 1.1 0.23690.7 0.3174 1.06 -0.32310.65 0.44570.64 0.7530.94 0.3203 1.42 -0.918 1.44 -0.7385 1.01 -1.4542 1.68 1.0295 1.44 1.3587 3.52 0.067 1.27 0.66980.97 0.346 1.28 -0.7095 1.09 -0.0334 1.25 0.46760.73 -0.03320.68 -1.0642 1.14 -0.8067 1.28 -0.23720.94 0.27170.79 -0.7791 1.2 0.1024 1.23USD\JPY1990-08-22146.95146.6145.1146.20.4 USD\JPY1990-08-23146.7146.2145.35146.250.05 USD\JPY1990-08-24146.75146.25145.35146.10.15 USD\JPY1990-08-27146.5146.1144144.13 1.97 USD\JPY1990-08-28144.35144.13142.7143.670.46 USD\JPY1990-08-29144.45143.67142.9143.670 USD\JPY1990-08-30144.75143.67143144.330.66 USD\JPY1990-08-31144.57144.33143.18143.70.63 USD\JPY1990-09-03143.9143.7143.18143.520.18 USD\JPY1990-09-04144.2143.52143.15143.320.2 USD\JPY1990-09-05144.15143.32141.4141.63 1.69 USD\JPY1990-09-06142.48141.63140.5140.58 1.05 USD\JPY1990-09-07141.02140.58139.81400.58 USD\JPY1990-09-10139.9139.9138.66139.620.28 USD\JPY1990-09-11140.61139.62139.45139.930.31 USD\JPY1990-09-12140.61139.93137.4138.15 1.78 USD\JPY1990-09-13138.6138.15135.9136.35 1.8 USD\JPY1990-09-14137.3136.35135.7136.70.35 USD\JPY1990-09-17137.5136.7135.85136.550.15 USD\JPY1990-09-18138.1136.55136.45137.9 1.35 USD\JPY1990-09-19138.85137.9136.92137.450.45 USD\JPY1990-09-20137.7137.45136.3137.670.22 USD\JPY1990-09-21137.82137.67136.45136.5 1.17 USD\JPY1990-09-24137.6136.5135.15137.20.7 USD\JPY1990-09-25137.65137.2136.3136.720.48 USD\JPY1990-09-26137.4136.72136.2136.850.13 USD\JPY1990-09-27138.5136.9136.9138.15 1.25 USD\JPY1990-09-28138.6138.15137.6138.50.35 USD\JPY1990-10-01138.2138.2136.45136.53 1.67 USD\JPY1990-10-02137.17136.53136.4136.70.17 USD\JPY1990-10-03136.8136.7135.45135.850.85 USD\JPY1990-10-04135.98135.85133.5133.6 2.25 USD\JPY1990-10-05134.05133.6131.95132.2 1.4 USD\JPY1990-10-08132.1132.1129.74130.6 1.5 USD\JPY1990-10-09130.95130.6128.85130.380.22 USD\JPY1990-10-10130.98130.38129.3129.430.95 USD\JPY1990-10-11130.78129.43129.15129.520.09 USD\JPY1990-10-12130.25129.52128.38129.050.47 USD\JPY1990-10-15128.87128.87127.6127.75 1.12 USD\JPY1990-10-16128.71127.75126.5126.57 1.18 USD\JPY1990-10-17126.6126.57124.6125.03 1.54 USD\JPY1990-10-18125.85125.03123.6124.40.63 USD\JPY1990-10-19127.45124.4123.9125.95 1.55 USD\JPY1990-10-22126.75125.95125.1126.050.1 USD\JPY1990-10-23128.3126.05125.95128.22 2.17 USD\JPY1990-10-24129.15128.22126.2126.5 1.72 USD\JPY1990-10-25128.33126.5126.2128.25 1.75 USD\JPY1990-10-26129128.25127.45128.150.1 USD\JPY1990-10-29128.65128.15127.15128.630.48 USD\JPY1990-10-30130.25128.63128.4128.70.07 USD\JPY1990-10-31130.2128.78128.78130.1 1.32 USD\JPY1990-11-01131.3130.1129.9130.560.46 USD\JPY1990-11-02130.63130.56127.65127.65 2.91 USD\JPY1990-11-05127.6127.6126.35126.47 1.13 USD\JPY1990-11-06128.25126.47126.25128.2 1.73 USD\JPY1990-11-07129.05128.2127.1128.730.53-0.2729 1.26 0.03420.92 -0.10260.96 -1.3484 1.71 -0.3192 1.140 1.08 0.4595 1.22 -0.43650.96 -0.12530.5 -0.13940.73 -1.1792 1.92 -0.7414 1.4 -0.41260.87 -0.27140.89 0.2220.83 -1.2721 2.29 -1.3029 1.95 0.2567 1.17 -0.1097 1.21 0.9886 1.21 -0.3263 1.40.16 1.02 -0.84981 0.5128 1.79 -0.34990.98 0.09510.88 0.9499 1.17 0.25330.72 -1.4224 1.26 0.12450.56 -0.62180.99 -1.6562 1.83 -1.0479 1.57 -1.2103 1.79 -0.1685 1.61 -0.7286 1.29 0.0695 1.26 -0.3629 1.44 -1.00740.98 -0.9237 1.73 -1.2167 1.58 -0.5039 1.8 1.246 2.850.0794 1.311.7215 1.86 -1.34142.3 1.3834 1.68 -0.078 1.21 0.3746 1.170.0544 1.441.0878 1.1 0.3536 1.08 -2.2289 2.28 -0.92440.98 1.3679 1.58 0.4134 1.52USD\JPY1990-11-08130.45128.8128.8130.2 1.4 USD\JPY1990-11-09131130.2128.85129.70.5 USD\JPY1990-11-12129.95129.7128128.25 1.45 USD\JPY1990-11-13129.77128.25127.85129.64 1.39 USD\JPY1990-11-14130.1129.64128.8128.980.66 USD\JPY1990-11-15129.75128.98128.48129.60.62 USD\JPY1990-11-16130.05129.6128.95129.40.2 USD\JPY1990-11-19129.22129.22128.1128.720.5 USD\JPY1990-11-20129.25128.72128.35128.850.13 USD\JPY1990-11-21128.95128.85127.08127.1 1.75 USD\JPY1990-11-22127.46127.1126.6127.040.06 USD\JPY1990-11-23127.5127.04126.83127.050.01 USD\JPY1990-11-26129.05127.17127.17129 1.83 USD\JPY1990-11-27129.18129127.95128.30.7 USD\JPY1990-11-28130.4128.3128.08130.32 USD\JPY1990-11-29133.65130.3129.85133.1 2.8 USD\JPY1990-11-30134.6133.1132.3132.50.6 USD\JPY1990-12-03134.77132.5131.75134.7 2.2 USD\JPY1990-12-04134.75134.7132.8132.9 1.8 USD\JPY1990-12-05134.6132.9132.7133.580.68 USD\JPY1990-12-06134.6133.58131.15132.07 1.51 USD\JPY1990-12-07132.85132.07130.4130.65 1.42 USD\JPY1990-12-10132.3130.65129.8132.1 1.45 USD\JPY1990-12-11132.45132.1130.9132.350.25 USD\JPY1990-12-12132.35132.35131.35131.490.86 USD\JPY1990-12-13132.35131.49131132.180.69 USD\JPY1990-12-14133.25132.18131.65132.90.72 USD\JPY1990-12-17133.6132.9132.7133.10.2 USD\JPY1990-12-18133.4133.1132.4132.50.6 USD\JPY1990-12-19134.25132.5132.27134 1.5 USD\JPY1990-12-20135.93134133.7135.75 1.75 USD\JPY1990-12-21136.55135.75135.1135.50.25 USD\JPY1990-12-24136.2135.5135135.850.35 USD\JPY1990-12-25136.3135.85135.6135.80.05 USD\JPY1990-12-26136.4135.8135.75136.230.43 USD\JPY1990-12-27137.1136.23136136.350.12 USD\JPY1990-12-28136.6136.35134.7134.8 1.55 USD\JPY1990-12-31136.25134.8134135.40.61.1419 1.28 -0.384 1.65 -1.118 1.5 1.0837 1.5 -0.5091 0.48070.98 -0.15430.85 -0.52550.87 0.1010.7 -1.3582 1.45 -0.04720.680.00790.531.5348 1.48 -0.54260.951.5588 1.812.1489 2.92 -0.4508 1.73 1.6604 2.28 -1.3363 1.45 0.5117 1.43 -1.1304 2.58 -1.0752 1.86 1.1098 1.91 0.1893 1.17 -0.64980.76 0.5248 1.03 0.5447 1.21 0.15050.68 -0.45080.75 1.1321 1.49 1.306 1.66 -0.1842 1.07 0.25830.89 -0.03680.52 0.31660.48 0.08810.81 -1.1368 1.39 0.4451 1.67。
《汇率下跌之后：日元贬值的宏观经济启示》笔记
《汇率下跌之后：日元贬值的宏观经济启示》读书笔记目录一、内容概要 (2)1.1 研究背景与意义 (3)1.2 研究方法与数据来源 (4)1.3 文献综述 (5)二、日元贬值的历史背景与现状 (5)2.1 日元贬值的历程 (7)2.2 当前日元贬值的环境与特点 (9)2.3 日元贬值的国际比较 (9)三、日元贬值对日本经济的影响 (10)3.1 对日本出口的影响 (12)3.2 对日本进口的影响 (13)3.3 对日本国内物价的影响 (14)3.4 对日本经济政策的调整 (15)四、日元贬值对全球经济的影响 (16)4.1 对全球金融市场的影响 (18)4.2 对全球贸易的影响 (19)4.3 对全球经济治理的影响 (20)五、日元贬值的原因分析 (21)5.1 宏观经济因素 (22)5.2 政策因素 (23)5.3 结构性因素 (24)5.4 预期因素 (25)六、日元贬值的应对策略与政策建议 (26)6.1 货币政策调整 (28)6.2 财政政策调整 (29)6.3 结构性改革 (30)6.4 预期管理 (31)七、结论与展望 (33)7.1 研究结论 (34)7.2 政策启示 (35)7.3 研究不足与未来展望 (36)一、内容概要《汇率下跌之后：日元贬值的宏观经济启示》一书深入探讨了日元贬值及其背后的宏观经济因素，为读者提供了对货币制度、国际贸易和金融市场的深刻见解。
书中开篇即指出，日元贬值并非孤立现象，而是全球金融市场动态变化的一部分。
通过对比日本与其他国家的经济状况，作者分析了日元贬值的历史背景和当前形势，揭示了其背后的结构性问题，如贸易顺差减少、人口老龄化等。
在探讨日元贬值对国内经济的影响时，作者详细阐述了日元贬值对出口企业的利好作用，同时指出其对进口企业和整体经济的潜在风险。
作者还分析了日元贬值对亚洲其他国家及全球经济的影响，展示了日元贬值在全球经济中的连锁反应。
在货币政策部分，作者讨论了日本央行在应对日元贬值时的政策选择，包括量化宽松政策的实施与调整。
1986年 -2013年日元兑美元汇率走势
USD\JPY1990-01-03146.85146.55145.05145.32 1.23 USD\JPY1990-01-04145.9145.32142.8143.33 1.99 USD\JPY1990-01-05144.6143.33143144.5 1.17 USD\JPY1990-01-08144.75144.5143.85144.10.4 USD\JPY1990-01-09145.45144.1144.05145.12 1.02 USD\JPY1990-01-10145.9145.12144.45145.650.53 USD\JPY1990-01-11145.55145.55144.95145.450.1 USD\JPY1990-01-12145.95145.45144.75145.750.3 USD\JPY1990-01-15145.86145.75145.05145.730.02 USD\JPY1990-01-16146.05145.73145.1145.370.36 USD\JPY1990-01-17145.66145.37145.15145.380.01 USD\JPY1990-01-18146.4145.38145.3146.30.92 USD\JPY1990-01-19146.68146.3145.03145.950.35 USD\JPY1990-01-22146.6146146146.530.53 USD\JPY1990-01-23146.69146.53145.76145.850.68 USD\JPY1990-01-24146.2145.85144.65145.650.2 USD\JPY1990-01-25145.56145.56143.75143.85 1.71 USD\JPY1990-01-26144.2143.85142.75142.82 1.03 USD\JPY1990-01-29143.45142.82142.5142.920.1 USD\JPY1990-01-30145.9142.92142.7144.8 1.88 USD\JPY1990-01-31145.35144.8143.85144.430.37 USD\JPY1990-02-01145.14144.43144.2144.920.49 USD\JPY1990-02-02145.6144.92144.7145.550.63 USD\JPY1990-02-05145.68145.55144.55144.750.8 USD\JPY1990-02-06145.5144.75144.3145.220.47 USD\JPY1990-02-07145.72145.22144.85145.550.33 USD\JPY1990-02-08145.62145.55144.8145.250.3 USD\JPY1990-02-09145.38145.25144.4144.70.55 USD\JPY1990-02-12144.85144.7144144.280.42 USD\JPY1990-02-13144.68144.28144.15144.250.03 USD\JPY1990-02-14144.6144.25144.05144.50.25 USD\JPY1990-02-15144.9144.5144.25144.830.33 USD\JPY1990-02-16145.1144.83143.8143.950.88 USD\JPY1990-02-19144.75143.95143.8144.60.65 USD\JPY1990-02-20145.55144.6144.35145.150.55 USD\JPY1990-02-21145.68145.15144.55145.530.38 USD\JPY1990-02-22146.68145.53145.07146.330.8 USD\JPY1990-02-23147.4146.33145.78147.050.72 USD\JPY1990-02-26149.05147.05147.05148.55 1.5 USD\JPY1990-02-27149.6148.55148.05148.690.14 USD\JPY1990-02-28149.2148.69148.15149.050.36 USD\JPY1990-03-01149.95149.05148.9149.850.8 USD\JPY1990-03-02150.5149.85149.35150.30.45 USD\JPY1990-03-05150.5150.3148.48149 1.3 USD\JPY1990-03-06150.02149148.41501 USD\JPY1990-03-07151.4150149.72150.280.28 USD\JPY1990-03-08151.35150.28149.75151.10.82 USD\JPY1990-03-09151.45151.1150.88151.250.15 USD\JPY1990-03-12152.78151.25151.2152.77 1.52 USD\JPY1990-03-13153.05152.77151.85152.050.72 USD\JPY1990-03-14152.65152.05151.55152.10.05 USD\JPY1990-03-15153.3152.1151.981520.1 USD\JPY1990-03-16152.8152151.75152.570.57-0.8393 1.23 -1.3694 2.13 0.8163 1.12 -0.27680.62 0.70780.97 0.36521 -0.13730.41 0.20630.83 -0.01370.56 -0.2470.65 0.00690.35 0.63280.76 -0.2392 1.13 0.39740.41 -0.46410.63 -0.1371 1.06 -1.2358 1.24 -0.716 1.010.06990.671.31552.24 -0.2555 1.04 0.33920.65 0.43480.62 -0.54960.78 0.32470.83 0.22720.6 -0.20610.56 -0.37870.67 -0.29030.59 -0.02080.37 0.17330.38 0.22840.45 -0.60760.9 0.45150.66 0.38040.83 0.26180.78 0.5497 1.110.492 1.111.0201 1.36 0.0942 1.04 0.24210.71 0.53670.7 0.30030.77 -0.8649 1.34 0.6711 1.09 0.1867 1.12 0.5456 1.060.09930.381.005 1.04 -0.47130.79 0.03290.72 -0.06570.87 0.3750.69USD\JPY1990-03-19153.77152.57152.25152.970.4 USD\JPY1990-03-20154.49152.97152.1154.27 1.3 USD\JPY1990-03-21154.65154.27153.55154.60.33 USD\JPY1990-03-22155.45154.6154.15154.950.35 USD\JPY1990-03-23155.25154.95152.7154.250.7 USD\JPY1990-03-26156.77154.7154.7156.72 USD\JPY1990-03-27157.9156.7156.31157.8 1.1 USD\JPY1990-03-28159.3157.8157.1158.60.8 USD\JPY1990-03-29158.86158.6156.1156.31 2.29 USD\JPY1990-03-30158.6156.31155.7158.5 2.19 USD\JPY1990-04-02160.35158.5158.25159.160.66 USD\JPY1990-04-03159.85159.16158.24159.830.67 USD\JPY1990-04-04159.9159.83157.781590.83 USD\JPY1990-04-05159.18159157.13157.35 1.65 USD\JPY1990-04-06157.8157.35156.5157.620.27 USD\JPY1990-04-09159.6157.62155.45158.170.55 USD\JPY1990-04-10158.75158.17157.38157.70.47 USD\JPY1990-04-11158.61157.7157.371580.3 USD\JPY1990-04-12158.55158157.85158.050.05 USD\JPY1990-04-13158.7158.05158158.670.62 USD\JPY1990-04-16159.65158.8158.8159.320.52 USD\JPY1990-04-17160.16159.32159.13159.830.51 USD\JPY1990-04-18160.2159.83157.98158.1 1.73 USD\JPY1990-04-19158.63158.1156.1156.87 1.23 USD\JPY1990-04-20158.25156.87156.35157.450.58 USD\JPY1990-04-23157.93157.45156.85157.930.48 USD\JPY1990-04-24158.97157.93157.51158.95 1.02 USD\JPY1990-04-25159.28158.95158.45158.830.12 USD\JPY1990-04-26159.33158.83158.15159.20.37 USD\JPY1990-04-27159.48159.2158.5159.20 USD\JPY1990-04-30159.48159.2158.7158.850.35 USD\JPY1990-05-01159.15158.85158.25158.750.1 USD\JPY1990-05-02158.85158.75157.74158.080.67 USD\JPY1990-05-03158.22158.08157.4158.150.07 USD\JPY1990-05-04158.95158.15157.98158.150 USD\JPY1990-05-07158.4158.15157.45158.150 USD\JPY1990-05-08158.28158.15157.28157.580.57 USD\JPY1990-05-09159.6157.58156.25156.37 1.21 USD\JPY1990-05-10157.21156.37156.28156.560.19 USD\JPY1990-05-11156.69156.56152.55152.7 3.86 USD\JPY1990-05-14153.85152.7152.2152.350.35 USD\JPY1990-05-15152.48152.35150.18150.25 2.1 USD\JPY1990-05-16152.65150.25150151.7 1.45 USD\JPY1990-05-17152.55151.7151.5152.110.41 USD\JPY1990-05-18153.15152.11151.881530.89 USD\JPY1990-05-21153.75153152.85153.640.64 USD\JPY1990-05-22153.75153.64151.1151.17 2.47 USD\JPY1990-05-23151.95151.17150.5151.410.24 USD\JPY1990-05-24151.95151.41150.78150.830.58 USD\JPY1990-05-25151.23150.83149.13149.3 1.53 USD\JPY1990-05-28149.78149.3148.85148.950.35 USD\JPY1990-05-29151.41148.95148.75151.37 2.42 USD\JPY1990-05-30151.63151.37150.27151.380.01 USD\JPY1990-05-31152.65151.38151.18152.160.78 USD\JPY1990-06-01152.6152.16150.7151.950.210.26221 0.8498 1.56 0.21390.71 0.22640.84 -0.4518 1.65 1.5883 1.34 0.702 1.01 0.507 1.39 -1.4439 1.74 1.4011 1.86 0.4164 1.32 0.421 1.01 -0.5193 1.33 -1.0377 1.29 0.17160.83 0.3489 2.63 -0.29710.87 0.19020.79 0.03160.44 0.39220.44 0.40970.54 0.32010.65 -1.0824 1.39 -0.778 1.6 0.3697 1.21 0.30490.69 0.64590.92 -0.07550.52 0.2330.7400.62 -0.21980.49 -0.0630.57 -0.4220.7 0.04430.5200.6100.6 -0.36040.63 -0.7679 2.13 0.12150.59 -2.4655 2.64 -0.2292 1.08 -1.3784 1.51 0.9651 1.76 0.27030.69 0.58510.83 0.41820.59 -1.6077 1.72 0.15880.96 -0.38310.77 -1.0144 1.39 -0.23440.62 1.6247 1.79 0.00660.9 0.51530.97 -0.138 1.25USD\JPY1990-06-04153151.95151.8152.40.45 USD\JPY1990-06-05152.91152.4152.08152.430.03 USD\JPY1990-06-06152.8152.43152.2152.630.2 USD\JPY1990-06-07152.75152.63152.25152.50.13 USD\JPY1990-06-08153.5152.5152.48153.450.95 USD\JPY1990-06-11154.77153.45153.27154.7 1.25 USD\JPY1990-06-12154.8154.7153.65154.530.17 USD\JPY1990-06-13155.13154.53154.2154.710.18 USD\JPY1990-06-14154.46154.46153.25154.10.36 USD\JPY1990-06-15154.8154.1153.58153.90.2 USD\JPY1990-06-18154.24153.9153.45153.60.3 USD\JPY1990-06-19154.08153.6153.35153.480.12 USD\JPY1990-06-20154.3153.48153153.90.42 USD\JPY1990-06-21154.9154.05154.05154.750.7 USD\JPY1990-06-22155.1154.75154.55154.80.05 USD\JPY1990-06-25155.77154.8154.76155.340.54 USD\JPY1990-06-26155.45155.34154.5154.620.72 USD\JPY1990-06-27155.4154.62153.78154.430.19 USD\JPY1990-06-28154.69154.43152.65153.1 1.33 USD\JPY1990-06-29154.58153.1151.55152.20.9 USD\JPY1990-07-02152.23152.2150.75150.78 1.42 USD\JPY1990-07-03152.15150.78150.73150.90.12 USD\JPY1990-07-04150.9150.9149.38149.78 1.12 USD\JPY1990-07-05151.1150150150.50.5 USD\JPY1990-07-06151.7150.5150.5151.6 1.1 USD\JPY1990-07-09151.9151.6150.25151.10.5 USD\JPY1990-07-10151.13151.1148.15148.22 2.88 USD\JPY1990-07-11148.8148.22147.4148.450.23 USD\JPY1990-07-12149.4148.45146.65147.3 1.15 USD\JPY1990-07-13148.17147.3146.75148.150.85 USD\JPY1990-07-16148.5148.15147.5148.10.05 USD\JPY1990-07-17148.5148.1147.7147.820.28 USD\JPY1990-07-18148.48147.82146.85147.730.09 USD\JPY1990-07-19148.25147.73147.22148.080.35 USD\JPY1990-07-20149.27148.08147.7148.550.47 USD\JPY1990-07-23148.97148.55148148.070.48 USD\JPY1990-07-24148.85148.07147.9148.730.66 USD\JPY1990-07-25150.1148.73148.7149.85 1.12 USD\JPY1990-07-26150.9149.85148.77150.330.48 USD\JPY1990-07-27151.02150.33148.85148.95 1.38 USD\JPY1990-07-30149.25148.95147.75147.85 1.1 USD\JPY1990-07-31148.17147.85145.69145.7 2.15 USD\JPY1990-08-01147.6145.7145.5147.2 1.5 USD\JPY1990-08-02151.58147.2146.4149.22 USD\JPY1990-08-03150.45149.2148.55149.30.1 USD\JPY1990-08-06150.5149.3149.05150.31 USD\JPY1990-08-07151.1150.3149.17150.820.52 USD\JPY1990-08-08151.2150.82149.55149.75 1.07 USD\JPY1990-08-09151.12149.75149.25149.70.05 USD\JPY1990-08-10150.5149.7149.4150.40.7 USD\JPY1990-08-13150.68150.4149.65150.350.05 USD\JPY1990-08-14150.35150.35148.63148.75 1.6 USD\JPY1990-08-15148.5148.5146.6147.550.95 USD\JPY1990-08-16148.44147.55147.05147.20.35 USD\JPY1990-08-17148.2147.2147.03147.60.40.29620.79 0.01970.54 0.13120.39 -0.08520.33 0.6230.67 0.81460.98 -0.10990.74 0.11650.6 -0.39430.78 -0.12980.79 -0.19490.51 -0.07810.48 0.27370.85 0.55230.55 0.03230.36 0.34880.65 -0.46350.61 -0.1229 1.05 -0.8612 1.32 -0.5879 1.98 -0.9330.97 0.07960.94 -0.7422 1.01 0.48070.73 0.73090.8 -0.3298 1.09 -1.906 1.97 0.15520.94 -0.7747 1.85 0.57710.96 -0.03370.67 -0.18910.54 -0.0609 1.1 0.23690.7 0.3174 1.06 -0.32310.65 0.44570.64 0.7530.94 0.3203 1.42 -0.918 1.44 -0.7385 1.01 -1.4542 1.68 1.0295 1.44 1.3587 3.52 0.067 1.27 0.66980.97 0.346 1.28 -0.7095 1.09 -0.0334 1.25 0.46760.73 -0.03320.68 -1.0642 1.14 -0.8067 1.28 -0.23720.94 0.27170.79USD\JPY1990-08-20147.92147.6146.15146.45 1.15 USD\JPY1990-08-21147.75146.45145.95146.60.15 USD\JPY1990-08-22146.95146.6145.1146.20.4 USD\JPY1990-08-23146.7146.2145.35146.250.05 USD\JPY1990-08-24146.75146.25145.35146.10.15 USD\JPY1990-08-27146.5146.1144144.13 1.97 USD\JPY1990-08-28144.35144.13142.7143.670.46 USD\JPY1990-08-29144.45143.67142.9143.670 USD\JPY1990-08-30144.75143.67143144.330.66 USD\JPY1990-08-31144.57144.33143.18143.70.63 USD\JPY1990-09-03143.9143.7143.18143.520.18 USD\JPY1990-09-04144.2143.52143.15143.320.2 USD\JPY1990-09-05144.15143.32141.4141.63 1.69 USD\JPY1990-09-06142.48141.63140.5140.58 1.05 USD\JPY1990-09-07141.02140.58139.81400.58 USD\JPY1990-09-10139.9139.9138.66139.620.28 USD\JPY1990-09-11140.61139.62139.45139.930.31 USD\JPY1990-09-12140.61139.93137.4138.15 1.78 USD\JPY1990-09-13138.6138.15135.9136.35 1.8 USD\JPY1990-09-14137.3136.35135.7136.70.35 USD\JPY1990-09-17137.5136.7135.85136.550.15 USD\JPY1990-09-18138.1136.55136.45137.9 1.35 USD\JPY1990-09-19138.85137.9136.92137.450.45 USD\JPY1990-09-20137.7137.45136.3137.670.22 USD\JPY1990-09-21137.82137.67136.45136.5 1.17 USD\JPY1990-09-24137.6136.5135.15137.20.7 USD\JPY1990-09-25137.65137.2136.3136.720.48 USD\JPY1990-09-26137.4136.72136.2136.850.13 USD\JPY1990-09-27138.5136.9136.9138.15 1.25 USD\JPY1990-09-28138.6138.15137.6138.50.35 USD\JPY1990-10-01138.2138.2136.45136.53 1.67 USD\JPY1990-10-02137.17136.53136.4136.70.17 USD\JPY1990-10-03136.8136.7135.45135.850.85 USD\JPY1990-10-04135.98135.85133.5133.6 2.25 USD\JPY1990-10-05134.05133.6131.95132.2 1.4 USD\JPY1990-10-08132.1132.1129.74130.6 1.5 USD\JPY1990-10-09130.95130.6128.85130.380.22 USD\JPY1990-10-10130.98130.38129.3129.430.95 USD\JPY1990-10-11130.78129.43129.15129.520.09 USD\JPY1990-10-12130.25129.52128.38129.050.47 USD\JPY1990-10-15128.87128.87127.6127.75 1.12 USD\JPY1990-10-16128.71127.75126.5126.57 1.18 USD\JPY1990-10-17126.6126.57124.6125.03 1.54 USD\JPY1990-10-18125.85125.03123.6124.40.63 USD\JPY1990-10-19127.45124.4123.9125.95 1.55 USD\JPY1990-10-22126.75125.95125.1126.050.1 USD\JPY1990-10-23128.3126.05125.95128.22 2.17 USD\JPY1990-10-24129.15128.22126.2126.5 1.72 USD\JPY1990-10-25128.33126.5126.2128.25 1.75 USD\JPY1990-10-26129128.25127.45128.150.1 USD\JPY1990-10-29128.65128.15127.15128.630.48 USD\JPY1990-10-30130.25128.63128.4128.70.07 USD\JPY1990-10-31130.2128.78128.78130.1 1.32 USD\JPY1990-11-01131.3130.1129.9130.560.46 USD\JPY1990-11-02130.63130.56127.65127.65 2.91-0.7791 1.2 0.1024 1.23 -0.2729 1.26 0.03420.92 -0.10260.96 -1.3484 1.71 -0.3192 1.140 1.08 0.4595 1.22 -0.43650.96 -0.12530.5 -0.13940.73 -1.1792 1.92 -0.7414 1.4 -0.41260.87 -0.27140.89 0.2220.83 -1.2721 2.29 -1.3029 1.95 0.2567 1.17 -0.1097 1.21 0.9886 1.21 -0.3263 1.40.16 1.02 -0.84981 0.5128 1.79 -0.34990.98 0.09510.88 0.9499 1.17 0.25330.72 -1.4224 1.26 0.12450.56 -0.62180.99 -1.6562 1.83 -1.0479 1.57 -1.2103 1.79 -0.1685 1.61 -0.7286 1.29 0.0695 1.26 -0.3629 1.44 -1.00740.98 -0.9237 1.73 -1.2167 1.58 -0.5039 1.8 1.246 2.850.0794 1.311.7215 1.86 -1.34142.3 1.3834 1.68 -0.078 1.21 0.3746 1.170.0544 1.441.0878 1.1 0.3536 1.08 -2.2289 2.28USD\JPY1990-11-05127.6127.6126.35126.47 1.13 USD\JPY1990-11-06128.25126.47126.25128.2 1.73 USD\JPY1990-11-07129.05128.2127.1128.730.53 USD\JPY1990-11-08130.45128.8128.8130.2 1.4 USD\JPY1990-11-09131130.2128.85129.70.5 USD\JPY1990-11-12129.95129.7128128.25 1.45 USD\JPY1990-11-13129.77128.25127.85129.64 1.39 USD\JPY1990-11-14130.1129.64128.8128.980.66 USD\JPY1990-11-15129.75128.98128.48129.60.62 USD\JPY1990-11-16130.05129.6128.95129.40.2 USD\JPY1990-11-19129.22129.22128.1128.720.5 USD\JPY1990-11-20129.25128.72128.35128.850.13 USD\JPY1990-11-21128.95128.85127.08127.1 1.75 USD\JPY1990-11-22127.46127.1126.6127.040.06 USD\JPY1990-11-23127.5127.04126.83127.050.01 USD\JPY1990-11-26129.05127.17127.17129 1.83 USD\JPY1990-11-27129.18129127.95128.30.7 USD\JPY1990-11-28130.4128.3128.08130.32 USD\JPY1990-11-29133.65130.3129.85133.1 2.8 USD\JPY1990-11-30134.6133.1132.3132.50.6 USD\JPY1990-12-03134.77132.5131.75134.7 2.2 USD\JPY1990-12-04134.75134.7132.8132.9 1.8 USD\JPY1990-12-05134.6132.9132.7133.580.68 USD\JPY1990-12-06134.6133.58131.15132.07 1.51 USD\JPY1990-12-07132.85132.07130.4130.65 1.42 USD\JPY1990-12-10132.3130.65129.8132.1 1.45 USD\JPY1990-12-11132.45132.1130.9132.350.25 USD\JPY1990-12-12132.35132.35131.35131.490.86 USD\JPY1990-12-13132.35131.49131132.180.69 USD\JPY1990-12-14133.25132.18131.65132.90.72 USD\JPY1990-12-17133.6132.9132.7133.10.2 USD\JPY1990-12-18133.4133.1132.4132.50.6 USD\JPY1990-12-19134.25132.5132.27134 1.5 USD\JPY1990-12-20135.93134133.7135.75 1.75 USD\JPY1990-12-21136.55135.75135.1135.50.25 USD\JPY1990-12-24136.2135.5135135.850.35 USD\JPY1990-12-25136.3135.85135.6135.80.05 USD\JPY1990-12-26136.4135.8135.75136.230.43 USD\JPY1990-12-27137.1136.23136136.350.12 USD\JPY1990-12-28136.6136.35134.7134.8 1.55 USD\JPY1990-12-31136.25134.8134135.40.6-0.92440.98 1.3679 1.580.4134 1.521.1419 1.28 -0.384 1.65 -1.118 1.5 1.0837 1.5 -0.5091 0.48070.98 -0.15430.85 -0.52550.87 0.1010.7 -1.3582 1.45 -0.04720.680.00790.531.5348 1.48 -0.54260.951.5588 1.812.1489 2.92 -0.4508 1.73 1.6604 2.28 -1.3363 1.45 0.5117 1.43 -1.1304 2.58 -1.0752 1.86 1.1098 1.91 0.1893 1.17 -0.64980.76 0.5248 1.03 0.5447 1.21 0.15050.68 -0.45080.75 1.1321 1.49 1.306 1.66 -0.1842 1.07 0.25830.89 -0.03680.52 0.31660.48 0.08810.81 -1.1368 1.39 0.4451 1.67。
日元汇率变动及未来走势分析1
日元汇率变动及未来走势分析班级：08级金融1班学号：P080110025姓名：杨昌武摘要：日本国内经济情况和国际市场的预期来看，日元汇率极有可能迎来一个漫长的贬值时期。
然而，在日本经济发展减缓的大背景下，日元贬值将会成为日本经济复苏的阻力。
同时，日元贬值也会对亚洲经济的稳定及我国经济运行造成负面的影响。
关键词：日元贬值量化宽松重建大地震正文：日元汇率变动及未来走势分析回顾历史，从1973年至1985年，日元兑美元都保持在300至200之间。
然而从20世纪90年代后由于泡沫经济破灭，日本经济陷入严重的通货紧缩局面，日元开始升值，经济情况开始萧条，成长速度也开始减缓并一直持续至今。
一、日元汇率波动的历史战后初期，由于实际处在美军司令部的占领之下，日本政府独立的对外交易权事实上已被禁止。
就外汇业务来说，外币、外汇交易、外汇银行都在美军管制之下或压根儿就不存在。
就汇率而言，战败后不到一个月，日本就被迫采取了 1 美元兑换 15日元的军用兑换汇率。
然而，当冷战格局出现后，美国改变了对日政策，日本民用贸易得以开展，但日元与外币的兑换价值依不同商品而定，因而出现了日元兑换美元的多元价格体系。
如1947年10月，出口平均汇率为 140日元 /1 美元，进口平均汇率却是 60 日元 /1 美元。
由于战后初期日本通货膨胀严重，加上多元汇率价格，日元汇率出现了大幅波动1945~1949 年，日元对美元汇率从 15 日元 /1 美元急剧攀升到 270 日元 /1 美元，短短四年飙升 18 倍总的来看，这一时期的汇率制度是管制汇率制度汇率既不反映市场供求变化，也未遵照某种国际规则，完全是政治博弈的结果。
1948年，美国政府为了稳定日本经济，出台了《日本经济安定计划》。
以美国总统特使身份来到日本的美国银行家道奇特别强调，只有制定统一汇率来恢复日本进行自由贸易的条件，才能使日本经济重新回到世界经济体系之中，实现经济复兴。
经过反复讨论，日本政府最后将汇率设定在了 360 日元 /1 美元的水平上，从而开启了 1 美元 =360日元的时代。
日元兑美元名义汇率的影响因素分析
日元兑美元名义汇率的影响因素分析日元兑美元名义汇率的影响因素分析摘要：作为国际经济重要的经济指标，日元兑美元名义汇率综合地反映了日美两国的经济运行状况，并且在很大程度上成为了左右世界经济走向的风向标。
日元兑美元名义汇率尽管波动频繁，但从总体上看呈现出持续下降的单向变动，这其中的原因是多方面的，既有实际经济基本面的因素，又有货币性因素。
作者认为，货币性因素起到了较大作用，本文的目的就是要通过实证分析来检验货币性因素对双边汇率的影响。
关键词：日元；美元；名义汇率一、引言自1985年“广场协议”之后，国际货币体系进入了浮动汇率制时代，在过去的20多年时间里，日元兑美元的名义汇率从总体上看呈现出持续下降的态势，即日元一直在升值。
日元兑美元的汇率水平是对双方的经济、政治等诸多利益的综合反映。
作者认为，真正影响日元兑美元名义汇率变化的因素是日本和美国的相对货币供给量的变化，即两国货币的供给速度存在着差异，一国货币供给量的增加快于另一国。
从两种货币的国际地位来看，美元是全球的储备货币，而日元已成为世界第三大储备货币，并且在各国的外汇储备中拥有了8%的比例，因此日元兑美元的名义汇率更多地是由货币市场、资本市场上的供求状况来决定的；从两国外汇政策的实践来看，货币供给也是调节汇率最重要的手段。
二、理论基础汇率决定的货币分析方法的观点是：即期汇率（ER）是两国货币的相对价格，汇率行为反映的是两国货币在相对需求与供给方面发生的变化。
名义汇率衡量的是两国货币的相对价格，而不是两国商品的相对价格，而货币相对价格是由货币的购买力决定的，因此汇率水平主要是由货币市场的供求状况决定的。
粘性价格货币模型也称为超调模型，由美国经济学家多恩?布什于1976年提出。
该模型认为，商品市场与资产市场的价格的调整速度是不同的，商品市场的价格调整具有滞后性，从而造成了购买力平价在短期内不能成立，商品价格存在着由短期均衡向长期均衡的过渡调节过程，即货币供给的增加会引发汇率以更大比例上升，汇率的初始跳跃超调于长期均衡汇率。
日元的发展趋势及其影响
日元汇率“跌跌”不休
据新华社东京9月10日新媒体专电，近来，日元对美元的汇率出现 新一轮跌势，东京外汇市场9日日元对美元汇率一度跌至106.39日 元兑换1美元的低位，为近6年来的最低点。从2012年9月的77日元 兑换1美元的价位来看，日元对美元的汇率已经下跌了约29日元， 跌幅高达约37%。
黑田东彦容忍日元走弱
周四(9月11日)纽约盘中，日本央行行长黑田东彦发表讲话称，并不认为 日元走软利空经济 ，强调不该着眼日元走低或走强 。美元兑日元迅速从 106.80附近重回107上方，不过又迅速回到该关口下方，暂报106.82。
日本央行行长黑田东彦被问及日元近期走软称，不能就特定的汇率水平 置评。并不能认为当前的日元走软尤其利空日本经济。美国经济正稳步复苏， 这将允许美联储缩减资产购买规模；但日本央行仍然保持高度宽松状态。
4.EPA（经济和财政策署）
Economic and Fiscal Policy Agency：经济和财政政策署。于2001 年 1 月 6 日正式替代原有的经济计划署 (Economic Planning Agency ， EPA)。职责包括阐述经济计划和协调经济政策，包括就业，国际贸易和 外汇汇率。
日元汇率缘何“跌跌”不休？此间经济分析人士认为，多种因 素影 响日元汇率走势，其中主要原因是安倍政权实施超宽松的货币 政策；对美国即将结束量化宽松货币政策并有可能提高美元利 率的预期，以及日本经济前景不乐观，投资者对日元缺乏信心等。
市场分析人士认为，纵观目前的国际
国内经济形势，日元正处于下跌通道， 虽然不能排除中途出现出售美元购买日 元导致日元短期反弹的调整局 面，但日元对美元汇率的总趋势将进一 步走软，预计很有可能跌至109比1 的价位。
从美元、日元看人民币的汇率.
从美元、日元看人民币的汇率.进年来，全球经济开始趋于低迷、萧条，特别是日本等国家面临长达多年的许多通货紧缩的巨大压力。
相反的是，中国经济却持续高速增长。
在此背景下，国际上便出现了“世界工厂论”、“中国威胁论”、“中国输出通缩论”等等，对中国大加攻击与诋毁。
“人民币升值论”正是以“中国输出通货紧缩”为借口提出的，是这一系列论调的延续。
人民币与美元的固定汇率，受到了来自多方面的指责。
因此，日本等国家要求中国政府重新评估人民币汇率，以缓解他们的自身经济低迷的困境。
本文试图通过分析国际主要的货币日元、美元的汇率政策，探讨目前人民币面临的汇率压力，进而给出相关的政策建议。
一、 & nbsp; 日元和美元的汇率政策 日元每次升值或贬值均不同程度地给日本经济带来一些短期利益,从日元汇率的变化可以看出日元的汇率政策是服从于美元的，处于被控制的地位。
1、日元的汇率政策 日元的升值过程可以分为三个阶段。
第一阶段是1971年2月从1美元兑360日元升值为306阶段为1973年2月到1985年9月逐步升值为1美元兑240-2501985年“广场协议”迄今，日元升值为1美元兑90-140日元。
特别值得关注的是，日元在1971年2月第一次升值时的产业基础。
由于受惠于长达20余年的1：360的日元固定汇率，日本出口产业的国际竞争力大大提高。
1961-1965年和1966-1970年，日本出口总额的年均增长速度分别为17.9%和15.1%。
1971年时，日本普通钢、热轧薄板和冷轧钢板的成本仅分别相当于美国同期成本的56%、70%和68%。
美元兑日元继续走高影响多大
美元兑日元继续走高影响多大9月12日美元兑非美货币纷纷回落，但美元兑日元却继续走高，外汇市场上越来越多投资者正开始把目光放到日本决策者的应对措施之下。
那么今天在这里给大家整理一下美元兑日元相关知识，我们一起看看吧!日本重温98年亚洲金融危机往事日本上次干预汇市以支撑本币汇率是在1998年，当时亚洲大部分经济体都受到了金融危机的冲击。
而如今，虽然包括日本在内，亚洲地区还远远谈不上存在陷入金融危机的危险，但至少在外汇市场上，亚洲各国货币大幅贬值的态势，却已足以唤起了人们对20多年前那段尘封历史的回忆!自从今年年初以来，日元兑美元汇率“跌跌不休”的态势，就几乎没有停歇过。
截至上周末，日元兑美元汇率年内已累计下跌了逾20%，跌幅不仅超过了欧元、英镑等G10货币，也远超韩元、印度卢比、泰铢等亚洲新兴市场货币。
这令越来越多的业内人士开始预期，日本决策层距离再度在外汇市场上干预日元，可能已只剩下了一步之遥。
日本内阁官房副长官木原诚二在周日的电视节目中就表示，日本必须实行必要措施，同时密切关注汇率的过度、单边变动。
上周五，日本央行行长黑田东彦在与日本首相岸田文雄会面后，已发出了对日元贬值迄今最强烈的警告。
黑田东彦称，不愿看到日元出现快速贬值，这增加了企业经营的不确定性。
随后日元汇率一度在当天有所企稳。
周二，美元兑日元最新交投于142.60附近，交易员们当前最为关注的是：该货币对会否升破145关口。
上周，美元兑日元曾一度触及144.99，这距离1998年日美联合干预汇市以支撑日元之前的水平——146.78已经相距不远。
1.2万亿美元外储也救不了日元?对于日本决策者而言，与上次干预外汇市场以支撑日元时相比，眼下日本的外汇储备弹药无疑要更为充足。
不过外界依然认为，若没有得到美国的支持，日本的单边干预行动不太可能轻易取得成功。
如果日本政府选择单独行动，捍卫不断走弱的日元，它的一大帮手将是自1998年以来积累的天量外汇储备，其增长速度明显超过了本币市场交易量的增速——截至8月底，日本拥有1.17万亿美元的外币储备，而东京市场上日均日元交易量约为4790亿美元。