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What is a Japanese yen?
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The yen ( Japanese: 円, symbol: ¥; code: JPY) is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar and the euro. [2] It is also widely used as a third reserve currency after the US dollar and the euro.
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- Banknotes of The Japanese Yen
The Japanese yen or en is the currency used in Japan. It is usually written with the romanised symbol ¥, but in Japanese it is written with the kanji 円. The coins are very light and range from ¥1 up to ¥500. The highest paper note value is ¥10000. The Japanese currency is the third most traded currency in the world.
10,000 yen note. The ¥10,000 note (1万円紙幣 ichiman-en shihei) is the largest banknote denomination of the Japanese yen, as well as the largest denomination of the Japanese yen overall. It was first introduced in Japan in 1958 to the third series of banknote releases, Series C.
Apr 20, 2024 · The Yen (pronounced en in Japanese, or 円) is the official currency of Japan and has been in production since the 1870s. As Japan is a cash-based society (meaning that most everyday monetary transactions are conducted in cash as opposed to credit and/or check), the Yen is a common sight in stores, stations, and restaurants.
The yen and yuan sign ( ¥) is a currency sign used for the Japanese yen and the Chinese yuan currencies when writing in Latin scripts. This character resembles a capital letter Y with a single or double horizontal stroke. The symbol is usually placed before the value it represents, for example: ¥50, or JP¥50 and CN¥50 when disambiguation is needed.