page_title: Endaka
hierarchical_section_title: Endaka
caption_attribution_description: English: Yearly, 1952 - 2007 日本語: 日本の外貨準備高 (1952〜2007年、毎年末時点)
context_page_description: Endaka or Endaka Fukyo is a state in which the value of the Japanese yen is high compared to other currencies. Since the economy of Japan is highly dependent on exports, this can cause Japan to fall into an economic recession.
  The opposite of endaka is en'yasu, where the yen is low relative to other currencies.
context_section_description: Endaka (Japanese: 円高, lit. yen expensive) or Endaka Fukyo (Japanese: 円高不況, lit. yen expensive recession) is a state in which the value of the Japanese yen is high compared to other currencies.  Since the economy of Japan is highly dependent on exports, this can cause Japan to fall into an economic recession.
  The opposite of endaka is en'yasu (Japanese: 円安, lit. yen inexpensive), where the yen is low relative to other currencies.
caption: Japanese official foreign currency holdings (1952-2007)
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