- Japanese yen - Wikipedia
Following the silver devaluation of 1873, the yen devalued against the U S dollar and the Canadian dollar (since those two countries adhered to a gold standard), and by the year 1897, the yen was worth only about US$0 50 In that year, Japan adopted a gold exchange standard and hence froze the value of the yen at $0 50 This exchange rate remained in place until Japan left the gold standard
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