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- DictionaryYen/yen/
noun
- 1. a longing or yearning: "the continuing boom in the economy is allowing many consumers to indulge their yen for high-end toys"
verb
- 1. feel a longing or yearning: "it's no use yenning for the old simplicities"
Learn the origin, synonyms, and usage of the word yen, which can mean the Japanese currency or a strong desire. See examples of yen in sentences and related phrases and words.
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Yen can mean the Japanese currency or a strong desire for something. Learn how to use yen in sentences and see translations in different languages.
Yen definition: an aluminum coin and monetary unit of Japan, equal to 100 sen or 1000 rin. Symbol: ¥; Abbreviation. See examples of YEN used in a sentence.
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. It is also widely used as a third reserve currency after the US dollar and the euro.
- What Is JPY (Japanese Yen)?
- Understanding JPY
- JPY Denominations
- History of The Japanese Yen
- JPY's Safe Haven Status
- Trading Japanese Yen
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JPY is the abbreviation for the Japanese yen, the currency of Japan. The yen is often represented with a symbol that looks like the capital letter Y with two horizontal dashes through the center: ¥.
The Japanese yen is the third-most traded currency in the foreign exchange market after the U.S. dollar (USD) and the euro. The yen figured in trades accounting for 16.8% of foreign currency trading turnover in a 2019 survey, compared with more than 88.3% for the dollar and 32.3% for the euro. The yen is also a distant third behind the U.S. dollar ...
Coins worth 1, 5, 10, 50, 100, and 500 yen are in circulation alongside ¥1,000, ¥2,000, ¥5,000, and ¥10,000 banknotes. The Japanese count sums in multiples of 10,000 yen rather than 1,000 as in the West with U.S. dollars or euros. Some Japanese yen banknote denominations are scheduled for a redesign by 2024. The new 10,000 yen note is to feature Ei...
The yen's name is a derivative of “en,” the Japanese term for circle, or round object that itself is derived from "yuan," a Chinese term for imported silver coins. The Meiji government adopted the yen in 1871, replacing the metal coinage of the Tokugawa shogunate that preceded it as well as the patchwork of paper scripissued by many of the country'...
The Japanese yen has long been considered a safe haven. The currency often appreciates in value during periods of risk aversion in financial markets. Low domestic interest rates in Japan amid deflation have encouraged the country's financial institutions and households to seek out higher yields overseas, a tendency known as the carry trade. When su...
Unless you're a savvy currency trader with a strong appetite for risk, it's probably best not to get involved with the yen at any time, especially during periods when it's under pressure. Nevertheless, pros and brave amateurs can trade the yen in the global forex marketplace, which permits a great deal of position leverage and tends to reward in-de...
Learn about the Japanese yen, the third-most traded currency in the world, and its history, symbol, and role as a safe haven. Find out how to convert JPY to USD and where to buy JPY.
- Will Kenton
Besides being the name of the Japanese currency, yen (a different yen) means a casual desire. You can have a yen for sushi, and if you're in Japan, you can pay for the sushi with the yen in your wallet.
Learn the meaning, pronunciation and usage of the word yen, which can be a unit of money in Japan, a measure of currency value, or a strong desire. See synonyms, word origin and example sentences.
