*Japanese Currency: Japanese Yen (¥)*

The history of the Japanese Yen starts in the 8th century CE, when rice and cloth were used as currency. In 1871, during the Meiji Restoration, the Japanese Yen was made the official currency, which was equivalent to 1.5 grams of gold or 24.26 grams of silver. ¹ ²

*Banknotes:*

- 1,000 yen

- 2,000 yen

- 5,000 yen

- 10,000 yen

*Coins:*

- 1 yen

- 5 yen

- 10 yen

- 50 yen

- 100 yen

- 500 yen

*Exchange Rate (USD/JPY):*

1 USD = ¥155.53 (as of Dec 11, 2025)

*Interesting Facts:*

- The Japanese Yen is considered a "safe-haven" currency, which strengthens during global economic uncertainty.

- The monetary policies of the Bank of Japan (BOJ), such as interest rate decisions and quantitative easing, affect the value of the Japanese Yen. ³

*Picture:*

(Eichi Shibusawa, on the front of the 10,000 yen banknote)

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