Japanese Yen information
With the growing demand of new currencies, a week ago we included two new currencies to our list: the Japanese Yen and the Hungarian Forint. Because in Eurochange we want to accompany you on your trips to anywhere in the world. In this post we will get to know a little more about the Japanese Yen.
The Yen is the official currency of Japan. Its ISO 4217 code is JPY and its symbol is ¥ while prices for marking the symbol is used 円.
History
The Yen was introduced in Japan in 1891 to match its currency to the Spanish Dollar which was very common in Southeast Asia. It was established with a decimal system: Each Yen was divided into 100 Sen and 1000 Rin, but these fractions are no longer used, today the smallest currency unit is of 1 Yen. They also use the term Man, large amounts that would be in multiples of 10,000, e.g. 2 Man is equivalent to 20,000 yen.
Notes and coins
Yen banknotes are 1000, 2000, 5000 and 10,000 Yen. On the notes appear famous people of Japanese science and culture, as well as landmarks and representations of their culture.
Yen coins are 1, 5, 10, 50, 100 and 500 Yen. On the coins appear different specimens of native plants and the Temple of Hōōdō.
If you want to familiarize yourself with the notes and coins, visit the web of the Bank of Japan: Bank of Japan
Japanese Yen rate
On our website you will see the rate of Yen updated daily. Whether you need to exchange Euros to Yen or Yen into Euros, you can make a reservation and select the collection office. You can also buy Yen online through our section of foreign currency purchase and receive them at your home in 24-72 hours.
There are travelers who recommend carrying cash because it can be difficult to find ATMs that accept foreign cards and opening hours of those who accept are often limited. So keep that in mind when preparing the amount of cash you will need to carry.
Have a good trip!
