From 2006 to 2007 the euro blank in relationship to the yen, while the yen blank in a relationship to the euro.

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Bram

11 December, 17:19

From 2006 to 2007 the euro blank in relationship to the yen, while the yen blank in a relationship to the euro.

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Halle Moody · Answer 1

The correct answer is:

From 2006 to 2007 the euro rose in relationship to the yen, while the yen decreased in relationship to the euro.

In 2006, the euro to Japanese yen annual average exchange rate was equal to 146.02, which meant that one euro could buy that many Japanese yen.

By 2007 this value had increased to 161.25.

This is an example of the sustained growth trend the euro maintained against the yen from 2000 to 2007.