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589 to JPY Converter and calculator

589/JPY: 1 589 = 0.01388 JPY. The price of converting 1 589 (589) to Japanese Yen (JPY) is 0.01388 JPY today.
589
JPY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides 589 to JPY real-time exchange rates, making it easy to convert 589 (589) to Japanese Yen (JPY). The conversion result is based on real-time data. The conversion result shows that 1 589 is currently valued at 0.01388 JPY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 589 is currently valued at 0.01388 JPY, which means buying 5 589 would cost 0.06939 JPY. Similarly, ¥1 JPY can be converted to 72.06 589, and ¥50 JPY can be converted to 360.29 589, excluding any platform or gas fees.

Convert 589 to JPY

Convert JPY to 589

589
Japanese Yen
1 589
0.01388  JPY
Exchange 1 589 for 0.01388 JPY
2 589
0.02776  JPY
Exchange 2 589 for 0.02776 JPY
5 589
0.06939  JPY
Exchange 5 589 for 0.06939 JPY
10 589
0.1388  JPY
Exchange 10 589 for 0.1388 JPY
20 589
0.2776  JPY
Exchange 20 589 for 0.2776 JPY
50 589
0.6939  JPY
Exchange 50 589 for 0.6939 JPY
100 589
1.39  JPY
Exchange 100 589 for 1.39 JPY
200 589
2.78  JPY
Exchange 200 589 for 2.78 JPY
500 589
6.94  JPY
Exchange 500 589 for 6.94 JPY
1000 589
13.88  JPY
Exchange 1000 589 for 13.88 JPY
5000 589
69.39  JPY
Exchange 5000 589 for 69.39 JPY
10000 589
138.78  JPY
Exchange 10000 589 for 138.78 JPY
In the table above, you'll find a comprehensive 589 to JPY converter that shows the value of 589 in Japanese Yen across commonly used conversion amounts. The list covers conversions from 1 589 to JPY, all the way up to 10000 589, providing a clear view of their respective values.
Japanese Yen
589
1 JPY
72.06 589
Exchange 1 JPY for 72.06 589
10 JPY
720.59 589
Exchange 10 JPY for 720.59 589
50 JPY
3,602.93 589
Exchange 50 JPY for 3,602.93 589
100 JPY
7,205.86 589
Exchange 100 JPY for 7,205.86 589
200 JPY
14,411.72 589
Exchange 200 JPY for 14,411.72 589
500 JPY
36,029.29 589
Exchange 500 JPY for 36,029.29 589
1000 JPY
72,058.59 589
Exchange 1000 JPY for 72,058.59 589
2000 JPY
144,117.17 589
Exchange 2000 JPY for 144,117.17 589
5000 JPY
360,292.94 589
Exchange 5000 JPY for 360,292.94 589
10000 JPY
720,585.87 589
Exchange 10000 JPY for 720,585.87 589
50000 JPY
3,602,929.37 589
Exchange 50000 JPY for 3,602,929.37 589
100000 JPY
7,205,858.74 589
Exchange 100000 JPY for 7,205,858.74 589
In the table above, you'll find a comprehensive JPY to 589 converter that shows the value of Japanese Yen in 589 across commonly used conversion amounts. The list covers conversions from 1 JPY to 589, all the way up to 100000 JPY, providing a clear view of their respective values.

589 to JPY chart

589/JPY: 1 589 = 0.01388 JPY; 2025/12/08 21:26:09
In the past 1D, 589 has changed +6.38% to JPY. Based on the trend and price charts, 589(589) has changed +6.38% to JPY while Japanese Yen(JPY) has changed % to 589 in the last 24 hours.
1D7D1M3M1YAll

589 to JPY conversion data: Volatility and price changes of 589 in JPY

The highest 589 price in JPY over the past 7 days was -- JPY while the lowest 589 price in JPY over the past 7 days was -- JPY. The relative change between the highs and lows in 589 price in JPY over the last 7 days indicates a volatility of %. You can view additional volatility data and 589 to JPY prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.01396 JPY
-- JPY
-- JPY
-- JPY
Low
0.001880 JPY
-- JPY
-- JPY
-- JPY
Average
0 JPY
0 JPY
0 JPY
0 JPY
Volatility
%
%
%
%
Change
+6.38%
--
--
--

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589 information

589 to JPY market statistics

589/JPY:
¥0.01388
589 24h volume:
¥1,352,268,106.61
589 market cap:
¥13,877,560.01
589 circulating supply:
1000.00M 589

Current 589 to JPY exchange rate

589 to Japanese Yen is falling this week.
589's current market price is ¥0.01388 per 589, with a total market cap of ¥13,877,560.01 JPY based on a circulating supply of 999,997,400 589. The trading volume of 589 has changed by --% (¥-- JPY) in the last 24 hours. Last trading day, 589's trading volume was ¥--.

More info about 589 on Bitget

Japanese Yen information

About the Japanese Yen (JPY)

What Is the Japanese Yen (JPY)?

The Japanese Yen, abbreviated as JPY, is the national currency of Japan. The symbol for the Japanese Yen is "¥", which is used to denote the currency in international financial transactions. The yen's introduction in 1871 was a significant part of Japan's modernization policy under the Meiji government, aligning with the European Decimal Monetary System. The Japanese Yen is the sole legal tender in Japan, and it is used for all transactions within the country.

The Japanese Yen is issued by the Bank of Japan (BOJ), which is the central bank of Japan. Established in 1882, the Bank of Japan is responsible for issuing and managing the country's currency and monetary policy. It plays a crucial role in the Japanese financial system, including controlling the money supply, setting interest rates, and ensuring the stability of the Japanese financial system.

What Is the History of JPY?

The yen replaced a diverse range of currencies issued by feudal fiefs, known as Hansatsu, following the New Currency Act of 1871. This change was part of Japan's transition from a collection of feudal fiefs to a unified, modern state. The Bank of Japan, established in 1882, eventually took over the issuance of currency, marking a significant step in centralizing and stabilizing Japan's monetary system.

Notes and Coins of JPY

The Japanese Yen includes coins like the lightweight 1 Yen, the lucky 5 Yen with a hole, the 10 Yen featuring Byodo-in Temple, the 50 Yen, the commonly used 100 Yen with cherry blossoms, and the highest value 500 Yen coin. Banknotes comprise the 1,000 Yen with Hideyo Noguchi, the less common 2,000 Yen depicting a scene from "The Tale of Genji," the 5,000 Yen featuring writer Ichiyo Higuchi, and the highest 10,000 Yen note with Yukichi Fukuzawa. These currencies reflect Japan's culture, history, and natural beauty.

Current Status and Global Standing

As of 2024, the Japanese yen was recognized as one of the top-performing currencies, with projections indicating its potential to surpass the US dollar in terms of strength. JPY also holds the distinction of being the third most traded currency in the forex market, following the US dollar and the euro. It also serves as a commonly used reserve currency alongside the USD, euro, and pound sterling. Factors contributing to this include liquidity from Japan's central bank, government spending, and global demand for Japanese exports. The yen's appreciation is often attributed to the strengthening of the US dollar and the growth of the Japanese economy.

Bank of Japan's Monetary Policy

The Bank of Japan maintains a near-zero interest rate policy, historically aligning with Japan's strict anti-inflation stance. Post the 2008 Global Financial Crisis, Japan faced a period of deflation. In response, in 2013, the Bank of Japan announced an expansion of its Asset Acquisition Policy by $1.4 trillion over two years, aiming to shift from deflation to a target inflation rate of 2%. This policy intended to double the money supply, reflecting a significant shift in Japan's monetary approach.

What Is Digital Yen?

The Digital Yen, or DCJPY, is a Japanese yen-backed digital currency set to launch in July 2024. Developed by DeCurret Holdings, the DCJPY ecosystem will feature two distinct blockchain networks: the "Business Zone'' for issuing user assets, including digital assets and non-fungible tokens (NFTs), and the "Financial Zone" for banks to mint deposits as digital assets. This initiative aligns with the vision of Hiromi Yamaoka, chairperson of the Digital Currency Forum, who believes that digital currencies will play a central role in the future economic development and welfare by enhancing the functions of information and data processing. The DCJPY is designed to coexist with a central bank digital currency (CBDC), marking a significant step in Japan's embrace of digital financial technology.

Bitget crypto-to-fiat exchange data shows that the most popular 589 currency pair is the 589 to JPY, with for 589's currency code being 589. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for JPY.

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How to convert 589 to JPY

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589 to JPY Conversion tables

The exchange rate of 589 is decreasing.
The exchange rate of 1 589 to Japanese Yen has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.38%, reaching a high of 0.01396 JPY and a low of 0.001880 JPY . One month ago, the value of 1 589 was ¥-- JPY , which represents a --% change from its current value. Over the last year, 589 has changed by
-¥
--JPY
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 21:26 today 24 hours ago 24h change
0.5 589
¥0.006939¥--
+6.38%
1 589
¥0.01388¥--
+6.38%
5 589
¥0.06939¥--
+6.38%
10 589
¥0.1388¥--
+6.38%
50 589
¥0.6939¥--
+6.38%
100 589
¥1.39¥--
+6.38%
500 589
¥6.94¥--
+6.38%
1000 589
¥13.88¥--
+6.38%

589 to JPY FAQ

How much is 1 589 in JPY?
Right now, the price of 1 589 (589) in Japanese Yen (JPY) is ¥0.01388.
How much 589 can I buy for 1 JPY?
Based on the current exchange rate, you can get 72.06 589 for 1 JPY.
How do I calculate or convert 589 to JPY?
You can use our 589 to JPY calculator at the top of this page to convert any amount of 589 to JPY. We've also included quick-reference tables for the most popular conversions. For example, 5 JPY is equivalent to 360.29 589, while 5 589 will cost around 0.06939JPY.
What is the highest price of 589/JPY in history?
The all-time high price of 1 589 in JPY is --. It remains to be seen if the value of 1 589/JPY will exceed the current all-time high.
What is the price trend of 589 in JPY?
Over the past 7 days, the exchange rate of 589 (589) has gone down by --.   Over the last month, the exchange rate of 589 (589) has gone down by -- against Japanese Yen (JPY).

What factors influence the conversion rate of 589 to JPY?

There are many factors that affect the relationship between 589 and Japanese Yen, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of 589/JPY. When there is positive news in the market about the widespread adoption of 589 or major technological breakthroughs, it tends to trigger market optimism and drive the rise of 589/JPY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in 589/JPY.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of 589/JPY. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of 589 and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular 589 currency pairs: 589 to US Dollar (USD), 589 to Euro (EUR), 589 to Pound Sterling (GBP), 589 to Canadian Dollar (CAD), 589 to Indian Rupee (INR), 589 to Pakistani Rupee (PKR), 589 to Brazilian Real (BRL), 589 to…
The price of 589 in the US is $0.{4}8903 USD. Additionally, 589’s price is €0.{4}7650 EUR in the eurozone, £0.{4}6681 GBP in the UK, C$0.0001233 CAD in Canada, ₹0.008025 INR in India, ₨0.02495 PKR in Pakistan, R$0.0004827 BRL in Brazil, and more.
The most popular 589 currency pair is the 589 to Japanese Yen(JPY). The price of 1 589 (589) in Japanese Yen (JPY) is ¥0.01388.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.